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Coin Store Etiquette -Wwyd?

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w1a9c8k5's Avatar
United States
1348 Posts
 Posted 06/04/2012  3:11 pm  Show Profile   Bookmark this reply Add w1a9c8k5 to your friends list Get a Link to this Reply
I would take the deal and go. If a coin dealer put it in that box it is almost certain he paid less than his asking price. If not he may lose a little money, but how many times have mistakes happened that way in his favor and he has made extra money?

That's the way I see it. I'm not trying to get rich finding mistake deals but when one does come up I consider it the Karma I have been owed
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copper nickel daddy's Avatar
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2224 Posts
 Posted 06/04/2012  4:15 pm  Show Profile   Bookmark this reply Add copper nickel daddy to your friends list Get a Link to this Reply
This might not be the way that everyone would do it, but it is what I would do. Depends on the relationship I have with the dealer. My local dealer is two people. The man that owns the shop is a ripoff artist, that only works Tuesday and Thursday. He deals primarily with the coins and paper money. The woman works Mon-Wed-Fri-Sat and is wonderful to deal with. Not really flexible with prices, but is extra friendly and goes out of her way to help people. She primarily deals with the jewelry and PM part of the business, but still has a better than basic knowledge of coins. Needless to say I don't deal with the guy at all! But I constantly go through the loose coin bins, and I am cherry picking; no denying it. Going through the Indian cents one day I came across an 08 that I flipped over. Sure enough, an S. $1.50 each for the Indians in this bin. I didn't hesitate pointing it out to her, as I have developed a great relationship with her, and I don't hesitate to consider her a friend. She said that the other guy has a bunch of high school kids working for him that have no idea what they are doing, and he frequently has them sorting through bulk purchases that come in to put them into the right bins. She said "serves him right for not being careful". She said it was mine for $1.50. Since that day, I have NO hesitation saying nothing when I find something good. The 1894-S dime I found in the junk silver bin a few weeks back is my latest big find there.
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nod2003's Avatar
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3294 Posts
 Posted 06/04/2012  6:07 pm  Show Profile   Bookmark this reply Add nod2003 to your friends list Get a Link to this Reply
1894S dime. Really? That I would have to see.
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copper nickel daddy's Avatar
United States
2224 Posts
 Posted 06/04/2012  10:32 pm  Show Profile   Bookmark this reply Add copper nickel daddy to your friends list Get a Link to this Reply
OOPS!

I meant a 1894-O! Sorry!

If I had found an 1894S I would have been running around like Daffy Duck just discovered Miami Beach!
Edited by copper nickel daddy
06/04/2012 10:33 pm
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52Raymo's Avatar
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 Posted 06/05/2012  10:43 am  Show Profile   Check 52Raymo's eBay Listings Bookmark this reply Add 52Raymo to your friends list Get a Link to this Reply
Cnd......was the 1908-S in decent shape ?
Oregon coin geek.....*** GO BEAVS ! ! ! ***
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United States
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 Posted 06/05/2012  3:11 pm  Show Profile   Bookmark this reply Add CPC24 to your friends list Get a Link to this Reply
In my local area, because of taxes, we only have one or two good coin shops. Fortunately, the dealers are honest, and treat you well, even if you're only spending a few dollars. One has a really big shop, but he's still polite to everyone. I found a burned 1940 quarter in his 25-cent junk box, and he let me buy it at face. Melt was about $5 at the time.
Edited by CPC24
06/05/2012 3:12 pm
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jerseyben's Avatar
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1211 Posts
 Posted 06/05/2012  8:07 pm  Show Profile   Bookmark this reply Add jerseyben to your friends list Get a Link to this Reply
I TRY to cherrypick my local shops. No go.
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copper nickel daddy's Avatar
United States
2224 Posts
 Posted 06/05/2012  10:14 pm  Show Profile   Bookmark this reply Add copper nickel daddy to your friends list Get a Link to this Reply

Quote:
Cnd......was the 1908-S in decent shape ?


These are photos of it.

Coin-Store-Etiquette--Wwyd?

Coin-Store-Etiquette--Wwyd?

No complaints for $1.50.
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nod2003's Avatar
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3294 Posts
 Posted 06/06/2012  8:31 pm  Show Profile   Bookmark this reply Add nod2003 to your friends list Get a Link to this Reply
None at all, nice find.
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mwr1550's Avatar
United States
193 Posts
 Posted 06/06/2012  8:58 pm  Show Profile   Bookmark this reply Add mwr1550 to your friends list Get a Link to this Reply
Me I'd buy it and reap the benefits. I am on pretty good terms with my local coin guy buyt I know him well enough to know that he would do the same thing. He's in it for the money and he would probably figure that the dealer should be better aware of his inventory.
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