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 Replies: 32 / Views: 5,087 |
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Pillar of the Community
United States
2286 Posts |
By all means, please let us know who this dealer was.
There are too many slimy ones out there, I've met quite a few!
You realize when you know how to think, it empowers you far beyond those who know only what to think.
-Neil deGrasse Tyson
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Pillar of the Community
United States
2248 Posts |
There's an honest good dealer in Portsmouth, Ohio if you're not far from there.
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New Member
 United States
23 Posts |
I'm at work today and tomorrow, but I'll get some better photos and post them on Monday. &  In the meantime, I am reading all of your tips and checking out the links and videos you have recommended. Thank you so much! |
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New Member
United States
23 Posts |
For those that asked - Coins Plus was the dealer we visited.
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Valued Member
Germany
312 Posts |
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Pillar of the Community
United States
9793 Posts |
Quote:
For those that asked - Coins Plus was the dealer we visited. Really sad as Coins Plus is Brad Kareloff's company, they have 3 stores 2 in Ohio and 1 in Kentucky. Brad is a stand up guy from my experiences. He is one of the officers in the Liberty Seated Club and involved in several coin clubs ( John Reich Society, Bust Coinage, EAC, NBS, ANS, ANA, etc.) He is usually running the Cincinnati shop. I'd call him directly if I was the OP and ask why his employees are offering $2 apiece for Morgan dollars. I'd bet he is not aware of that, sounds like an employee is trying to take advantage of someone less knowledgeable for their own gain, and wouldn't even let the Brad or the shop know if he had purchased the set.   "Buy the Book Before You Buy the Coin" - Aaron R. Feldman - "And read it" - Me 2013! ANA Life Member #3288 in good standing since 1981, ANS, Early American Coppers Member (EAC), Colonial Coin Collectors Club member (C4), Conder Token Collector Club member (CTCC), Civil War Token Society (CWTS) member, Liberty Seated Collectors Club (LSCC) & Numismatic Bibliomania Society member (NBS), USMex, Member in good standing, 2˘ variety collector. See my want page: http://goccf.com/t/140440Edited by westcoin
09/10/2022 4:17 pm
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Pillar of the Community
United States
2286 Posts |
I'm tempted to call this coin dealer too, let him know our entire community is aware of their business practices.
You realize when you know how to think, it empowers you far beyond those who know only what to think.
-Neil deGrasse Tyson
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Pillar of the Community
United States
1316 Posts |
That is an amazing set. You are lucky to own it and if things work out such you can get the house and keep this inheritance, I hope you can!
Thank you as fellow collectors, but thank yourself, for doing enough homework in advance to walk out.
Just so you know, the scrap/melt/junk value of Morgans is around $14.6 today based on these being 90% silver. Go into any shop, and they are selling these for around $30 if not more as baseline, common, circulated, maybe slightly damaged/cleaned.
As others have said, while many of these may be worth $40-100 each in XF-low MS grades, there are a handful of date / mint mark combinations worth hundreds if not thousands. A full run of dates and mint ads up to quite a bit of value even if mostly in the XF-AU grade range. This would be worth thousands.
When selling, hopefully another dealer/collector gives you a fair value for each of the coins. Some might want to just cherry-pick the keys and/or discount the common stuff. If selling this, you deserve a fair price of ALL of it.
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Pillar of the Community
United States
4692 Posts |
Quote:Really sad as Coins Plus is Brad Kareloff's company, they have 3 stores 2 in Ohio and 1 in Kentucky. Brad is a stand up guy from my experiences. He is one of the officers in the Liberty Seated Club and involved in several coin clubs ( John Reich Society, Bust Coinage, EAC, NBS, ANS, ANA, etc.) He is usually running the Cincinnati shop. I'd call him directly if I was the OP and ask why his employees are offering $2 apiece for Morgan dollars. I'd bet he is not aware of that, sounds like an employee is trying to take advantage of someone less knowledgeable for their own gain, and wouldn't even let the Brad or the shop know if he had purchased the set. Never accuse anyone of something unless you have solid proof. The employee may claim an offer was made and misinterpreted. Unless there is something in writing, there is no record of an offer made. On the other hand, the OP can expect to get a realistic price expectation with help from members of this forum upon good image posts of the items. |
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Valued Member
Germany
312 Posts |
If someone in a business tries to dupe you (and dsmages the reputation of this business) you can't complain to his boss unless you have written proof? Why?
Of course he can state he was misinterpreted but thats then for his and his boss to discuss.
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Moderator
 United States
15489 Posts |
 to the CCF. Looking forward to learning more about what you and your husband have, and helping to get you some realistic value estimates. |
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Pillar of the Community
Canada
5402 Posts |
In today's world with so much information available ,
there are not as many bad actors amongst dealers
as there used to be .
We always tell a potential seller to shop around and see
us last .
Considering the stellar reputation of the dealer being discussed,
it is quite possible that something was lost in the discussion
between the seller and the shop !
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Pillar of the Community
United States
7630 Posts |
Oh—— one other piece of advice to share:
No matter how hard it is to resist the urges DO NOT clean, wipe, polish, wash or try to enhance the appearance of any of your coins! Over the years many novices have ruined way more coins than they have helped! Cleaning can kill value! Avoid it at all costs!
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Pillar of the Community
United States
632 Posts |
Check for varieties; 1901-P double die reverse, 1900-O/CC, etc
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Pillar of the Community
United States
3848 Posts |
Quote:
Never accuse anyone of something unless you have solid proof. The employee may claim an offer was made and misinterpreted. Unless there is something in writing, there is no record of an offer made. I agree, false accusations are a dangerous thing. If you accuse him and he didn't do it, he could instantly lose his job no questions asked. Nothing against the OP, but making fast decisions based off of said information on a public forum doesn't seem like the wisest thing to do. Quote:
you can't complain to his boss unless you have written proof? Why? I'd say it would not be good to go to the boss and accuse the dealer of a malpractice, but it may be good to say "I heard" that he lowballed someone. Have the boss get his own proof, just put in an idea to plant the seed. Nevertheless it should be taken care of one way or another, this is just not good for the coin community. Quote:
No matter how hard it is to resist the urges DO NOT clean, wipe, polish, wash or try to enhance the appearance of any of your coins!  Well said!! Don't clean your coins!!!!  Suffering from bust half fever. Want to learn how to attribute early half dollars by die variety? Click Here: http://goccf.com/t/434955Shoot me a PM if you are looking to sell bust halves. |
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Posted 09/10/2022 07:00 am
