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 Replies: 20 / Views: 3,715 |
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Pillar of the Community
United States
1388 Posts |
pretty good deals if you work at it... Remember, at pawn shops, just because there is a price tag, doesn't mean that's what you will pay for it... It's a negotiation, and they understand that, because they prolly got that coin a lot cheaper that you think...
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Pillar of the Community
 United States
2448 Posts |
The pawn shops near me don't want to negotiate! I used to love to drive them crazy, but now it's to much work.
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Pillar of the Community
United States
1391 Posts |
It never hurts to try! I saw a guy on here somewhere that got a barber and a Standing Liberty quarter for just above melt. They were in such nice shape that the consensus was that they were worth triple what he paid for them. |
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Pillar of the Community
United States
863 Posts |
Yea I have a pawn show that I walk to a few times a week because he sells all of his coins around 19.75 for a dollar face. Silver dollars included. I'm getting morgans for under 20 bucks
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Pillar of the Community
527 Posts |
There's only one pawn shop that sells coins for good prices. The other ones are horrible or mediocre.
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Valued Member
 United States
122 Posts |
well, I went to 3 pawn shops so far. one just bought silver and gold, the other had a nice 3 cent nickel but no price the guy didnt know what to quote me and said he would have a high price. the third one had a lot more coins the rates seem ok but I'm not sure, they were not graded. what caught my eye is this place had about thirteen 1922 Peace dollars in descent condition for $35.00. I was tempted but didnt buy. ebay has them going for about $28.00 right now. |
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Pillar of the Community
United States
863 Posts |
yea 35 on a Peace dollar is pretty high. he probably priced them when silver was up over 40. I dont understand why pawn shops over price their stuff. they make their money by moving product not sitting on it. |
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Pillar of the Community
Canada
3692 Posts |
I hate it when pawnshops compare their prices to ebay prices. That's completely unrealistic. I throw them offers because they're legitimate offers. I tell them straight up, go ahead and list your coins on ebay. Number one there are listing fees, and then a time limit where you still have to hold the coin, then you have to ship the coin which takes up up manpower and money, and most of the time the "prices" on ebay are Buyitnow. So if they turn down your offer just walk away and wish them luck because they just lost a guaranteed sale of "now" versus one that MIGHT happen later. Pawnshops, for me, are hit or miss. And since they use online prices it's mostly a miss. You have to remind them, "we're not online, we're looking at each other face to face, do you want a sale or a 'ya i'll do it later?' " Most of the pawnshops I've been to have coins on display in their window or in their case and when asked they say that they're not for sale. REALLY? You draw me in and you don't even want to sell anything? That's shady. It makes me wonder how the heck they make their overhead. And then other shops just hate coin collectors. There was one shop I went into, and after browsing the display case for maybe ten minutes he says he's closing. I left without buying anything. Before he mentioned this I asked about an 8 Reale piece he had, and asked what the mintmark is, and he tells me it's "$29, it is what it is". I'm thinking.....REALLY? All of his coins were way overpriced and he didn't even want to bargain. Sketchy! Edited by Libertad
04/10/2012 10:42 pm
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Pillar of the Community
United States
863 Posts |
yea I dont understand what they think. I thought they are in the business of buying and SELLING. as long as they make their profit why wouldnt they sell it. the faster they sell the faster they can put the profit back into another item. sadly a lot of stores just seem to hoard
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Pillar of the Community
Canada
987 Posts |
Most of the pawn shops I've been to are over priced. However, I did find one that sells me junk silver coins at spot price whenever I want some.
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Valued Member
United States
299 Posts |
varies a lot.
too many are the ignorant selling to the innocent after fleecing the stragglers from the flock
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New Member
United States
36 Posts |
I'm lucky to have a pawn shop run by a really nice guy who is a former cop around here. He lets me pick through his "junk" silver which sometimes contains higher grade coins with a little more numismatic value than just silver. The guy just isn't a good grader and doesn't know any better. Best way to cut a little off the price you pay is to bundle a few things together and just try and make a reasonable offer. More times than not he is happy to let it go because he picks it up for cheap. Not all pawn shops are run as well as this one, I don't even bother stopping at the other two in my town anymore.
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Bedrock of the Community
United States
20753 Posts |
Quote:
Most of the pawnshops I've been to have coins on display in their window or in their case and when asked they say that they're not for sale. REALLY? You draw me in and you don't even want to sell anything? That's shady. It makes me wonder how the heck they make their overhead. Not sure if it's the same by you but around me we too have many pawn shops and other buisnesses that are not really buisnesses. One by me allows you to come in and then says nothing is for sales here. There is a restaurant by me that never has cutomers. Parking lot has cars in it but if you look in the window, no one is there. Place is closed all year long, lights on inside and outside and it has been there for as long as I can remember. By me there are other buisnesses that are always there, no customers, doors closed and locked, all lights on. GEE I wonder what is going on?  |
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Pillar of the Community
United States
5854 Posts |
I have a few pawn shops around my area. Some of them have coins and some don't. The material is usually limited to the modern issues. The prices on most of the stuff are a bit on the higher side though sometimes you can find a few things that are underpriced.
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Valued Member
Canada
148 Posts |
I have had great luck at the local pawn shop, silver dollars for 12 bucks and an O Canada set from 97 that has the special loon in it for 20.00. I made the mistake of informing him of the deals I got so he may be more studios the next time.
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Posted 04/09/2012 10:58 am
