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Replies: 21 / Views: 2,225 |
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Bedrock of the Community
United States
20753 Posts |
One more thing about asking at those places is if the person in charge is by themselves and any potential coins are in the house, they may say come back later of no I don't have any. I've gone back a few times to see if anyone else joined the seller so they would feel safe going back into the house with all their stuff on the outside. And that has paid off a few times. Most people just don't trust strangers left alone with many items on the tables outside where you could just walk off with them. Also, some elderly people don't feel safe telling a stranger that they have money in the house. Regardless I always ask, ask, ask. At times I suspect I make a pest of myself, but when it pays off, it's worth it.
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Pillar of the Community
United States
1121 Posts |
Thanks just carl!! I go to estate autions and yard sales all the time and have never thought of asking the person in charge this question... I love this forum, I learn something new everyday! Thank you!
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Pillar of the Community
United States
656 Posts |
I can never find an estate auction in this CITY!
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Valued Member
United States
486 Posts |
I like going to garage sales but all I can find is junk! If I do stumble across a coin the seller is usually asking way to much. The quest continues. -PP
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Pillar of the Community
United States
628 Posts |
Yah, a lot of garage sale and flea market folks often think their common date XF and extra polished morgan is worth a fortune because it's old. I agree with carl, there are lots of good coins and good deals to be had at flea markets and garage sales, etc.
Edited by m9frank 09/02/2008 8:19 pm
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Rest in Peace
United States
9104 Posts |
I used to have a customer who sold lots of punchboards, where you pay a price and get a number, some of which won. His only requirement on dollars was that they had a date. Badly worn, holes, etc, were fine, because people would look at those and say "look how worn that is, it must be rare". I sold him 2500 dateless Buffalos one time.
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Pillar of the Community
United States
6326 Posts |
Quote: His only requirement on dollars was that they had a date. Badly worn, holes, etc, were fine, because people would look at those and say "look how worn that is, it must be rare". I sold him 2500 dateless Buffalos one time. I don't think I could "let" people think they have a certain value when they don't..... People do buy dateless Buffalos I know......and coins with holes in them, but I'd have to point out the value and what I want for them first ! Then make the sale..... 
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Pillar of the Community
United States
6326 Posts |
Quote: Yah, a lot of garage sale and flea market folks often think their common date XF and extra polished morgan is worth a fortune because it's old I think too that MANY "flea market folks" know EXACTLY what their overpriced coin is worth........but the problem is that there are SO MANY people walking in there looking at the "neat old coins" and so they buy them.......These flea market/antique store people sometimes DO know what they have ! They just count on "uninformed" buyers walking in their store !!.....   "Cleaned coins" is another issue going on in these places......their reasoning is that it makes the coin "shinier".......therefore they can claim a higher grade, therefore THEY CAN GET EVEN MORE MONEY FROM THE AVERAGE "UNINFORMED" BUYER for the "neat old coin" !
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Rest in Peace
United States
9104 Posts |
I read a dealer post on another forum where a customer sat in their parking lot for a couple hours "erasing" coins and making them look better. Turned about ten grand in coins into $1000.
Here's where our educational system fails us. I don't expect the schools to teach people not to clean coins. But you'd think someone would figure out that if a nickel eraser and a couple hours of work would significantly improve the value of something, everyone would know about it.
It's like these real estate agents who want their sellers to think that cutting the grass and planting a $5 flat of petunias is somehow gonna magically make their property worth another $20,000.
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Pillar of the Community
United States
6326 Posts |
Quote: I read a dealer post on another forum where a customer sat in their parking lot for a couple hours "erasing" coins and making them look better. Turned about ten grand in coins into $1000.
OH ! THE HORROR OF IT ALL !......    Sheeeeesh !... 
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Pillar of the Community
United States
628 Posts |
You might make a lucky find anywhere, coin shop, online, flea market, whatever. I keep my eyes open, and, maybe most important, remain optimistic.
I got 100 mixed date merc dimes this morning at a flea market from a guy I had net seen there before. Great price. I hope to run into this guy again.
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Pillar of the Community
United States
656 Posts |
Quote: I read a dealer post on another forum where a customer sat in their parking lot for a couple hours "erasing" coins and making them look better. Turned about ten grand in coins into $1000.
OMG.  That really stinks 
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Valued Member
United States
198 Posts |
"I think too that MANY "flea market folks" know EXACTLY what their overpriced coin is worth........but the problem is that there are SO MANY people walking in there looking at the "neat old coins" and so they buy them.......These flea market/antique store people sometimes DO know what they have ! They just count on "uninformed" buyers walking in their store"
I agree... I see these people at the coin shows dig through and haggling over dealer junk boxes, then see them at the flea market with the coins double or triple in price.
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Valued Member
United States
198 Posts |
My lucky find was when I bought a three ring binder with about 150 foriegn coins in 2x2s at an Estate sale for $50.
When I got home I noticed that the back pocket of the binder had two manila envelopes Each envlope had a coin; one was a 2 Reale and the other was an eight Reale (also known as a piece-of-eight). Each had their own documentation proving that they were for real. I also did some research to verify the fact.
I sold the 2 Reale for about $250.
Not a bad day treasure hunting that day!!
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Pillar of the Community
United States
6326 Posts |
Quote: Not a bad day treasure hunting that day! I'll say !......WOW !..... 
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