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21d Mercury Dime

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Bedrock of the Community

United States
20753 Posts
 Posted 05/15/2012  11:00 am Show Profile   Bookmark this topic Add just carl to your friends list Get a Link to this Message Number of Subscribers
To complete my #1 Mercury dime Album in all MS grades, I only need the 16D and the 21D in MS grades. Got an email from a dealer I see at most coin shows that he may get a 21D Mercury dime in MS-64, slabbed. He said for about $2,000. Last Sunday I rushed to his table at the coin show and was told it had already been sold to someone else since he offered more than the asking price. However, if I was interested he now has a 16D in MS-60. I've been buying coins from that dealer for a long time and with that, never again. Good way to loose a customer.
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CaptainFwiffo's Avatar
United States
4132 Posts
 Posted 05/15/2012  11:44 am  Show Profile   Bookmark this reply Add CaptainFwiffo to your friends list Get a Link to this Reply
There's an attractive '16-D in MS61FB on Heritage right now.
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w1a9c8k5's Avatar
United States
1348 Posts
 Posted 05/15/2012  12:13 pm  Show Profile   Bookmark this reply Add w1a9c8k5 to your friends list Get a Link to this Reply
I agree carl. I can't stand it when you do everything on your end right and have been dealing with the person for a long time and they don't have the decency to at least give you the benefit of the doubt.
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smokeriderdon's Avatar
United States
3755 Posts
 Posted 05/15/2012  12:16 pm  Show Profile   Bookmark this reply Add smokeriderdon to your friends list Get a Link to this Reply
Carl, unless he specifically said I will hold it for you, then I dont blame him at all. With no agreement not making more money would just be stupid on his part. Especially if there was no guarantee that you would show up and buy it. And he would be a stupid and unsuccessful business man if he did things that way.
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macmercury's Avatar
United States
5825 Posts
 Posted 05/15/2012  12:54 pm  Show Profile   Bookmark this reply Add macmercury to your friends list Get a Link to this Reply
I will have to side with smokeriderdon on this issue, but if the dealer made the commitment and didn't hold up his words, then I would ask that he need to give me a better discount on that MS-60 16-D.
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TreasHunt's Avatar
United States
2540 Posts
 Posted 05/15/2012  3:38 pm  Show Profile   Bookmark this reply Add TreasHunt to your friends list Get a Link to this Reply
Carl:
I agree, not a good way to do business.
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NYBrian84's Avatar
United States
279 Posts
 Posted 05/15/2012  5:53 pm  Show Profile   Bookmark this reply Add NYBrian84 to your friends list Get a Link to this Reply
I'm on the fence with this, so far. Depending on Carl's response, I'll be swayed one way or the other.

If the dealer was just calling him to simply inform him, that's one thing. If they agreed that Carl would buy it, that's another. If that were the case, I would side with Carl, and would never go to that dealer again. Actually, I would go one step further and tell the dealer that he lost a regular because he pulled something like that.

Having a good name (in my eyes) is much more important that a couple hundred dollars more in my pocket. Especially since I feel that a good name will pay itself back countless times.

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United States
1590 Posts
 Posted 05/15/2012  6:45 pm  Show Profile   Bookmark this reply Add jmkendall to your friends list Get a Link to this Reply
I agree with NYBrian84, I think that says it all.

If he did say he would hold it, a deal is a deal.

I have a similar situation. In a local shop I frequent, there are two Owners. I have looked at coins, picked out what I want; been given a price by one owner; PULLED my money from my wallet; and had the second owner change the price.

This has happened three times now. And the difference was never more than two dollars. And to arrive at the change in price the second owner has poured over the grey sheet looking up every single coin I had picked out.

I used to drop a Thousand dollars a month at that shop; before the change of ownership. Now it is around a hundred dollars.

So for the sake of making less than an extra five dollars on all three purchases they have lost Nine Hundred. The pity is I have talked to no less than half a dozen other regular customers that have had similar experiances there and will not shop there at all now.

They have lost probably five to seven thousand dollars a month with their business practices. It seems all they really care about is bringing in sellers and then wholesaling the incoming material to national numismatic companies.

Bedrock of the Community
United States
20753 Posts
 Posted 05/15/2012  6:58 pm  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply

Quote:
Carl, unless he specifically said I will hold it for you, then I dont blame him at all. With no agreement not making more money would just be stupid on his part. Especially if there was no guarantee that you would show up and buy it. And he would be a stupid and unsuccessful business man if he did things that way.

Guess I should have completed the story. Yes I responded to his email with a big YES, YES, YES on that 21D. And he knew full well I am building an all MS grade Mercury dime set. I've been talking to him at coin shows for well over 10 years and he knows full well what I collect. I emailed him I'd sse him at the coin show on Sunday. Again, ne knew full well I never miss that show since I've been going there for a long, long time. That show is supposed to open at 9AM. I got there at 9AM but as usual, many people were there at 8:30AM so I suppose that is where it got purchased.
No idea what he was offered but I suppose whatever it was, was enough to make him loose a customer.

Quote:
There's an attractive '16-D in MS61FB on Heritage right now.

I never buy over the internet anymore. Way to many coin shows by me so the chances of finding another one in MS grade is rather very possible.
I will be really ticked off about that 21D for a long time.
Edited by just carl
05/15/2012 7:05 pm
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smokeriderdon's Avatar
United States
3755 Posts
 Posted 05/15/2012  11:36 pm  Show Profile   Bookmark this reply Add smokeriderdon to your friends list Get a Link to this Reply
Carl, then I have to agree. That was a classless move on his part. And if you have a good selection of folks to choose from in your area, then certainly, take your money elsewhere.
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murrellington's Avatar
United States
3276 Posts
 Posted 05/15/2012  11:41 pm  Show Profile   Bookmark this reply Add murrellington to your friends list Get a Link to this Reply
Yeah that was pretty low. I'd be ticked off as well. Nice move though to not ever buy from him again.
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vermontensium's Avatar
United States
16679 Posts
 Posted 05/15/2012  11:55 pm  Show Profile   Check vermontensium's eBay Listings Check vermontensium's eCrater Listings Bookmark this reply Add vermontensium to your friends list Get a Link to this Reply
He's know you for that long and all he cared about was a little more profit on the coin?
I agree, low class. He chose wrong :-(
swcoin.ecrater.com
Bedrock of the Community
United States
20753 Posts
 Posted 05/16/2012  09:40 am  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply
This dealer recently opened a coin store. I suspect he needs a lot of money to get it rolling so that could be the reason he took the best offer and the heck with steady customers. It really makes no CENTS to me since I've been buying from him for many years now.
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Coinstar's Avatar
United States
1510 Posts
 Posted 05/16/2012  09:53 am  Show Profile   Bookmark this reply Add Coinstar to your friends list Get a Link to this Reply
beyond L A M E --cant believe he hosed you--did you let him know?
Retired USAF 1983-2003
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wquinn's Avatar
United States
2295 Posts
 Posted 05/16/2012  12:07 pm  Show Profile   Bookmark this reply Add wquinn to your friends list Get a Link to this Reply
That dealer is only interested in making a buck and not keeping customers. Glad to hear you won't be dealing with him again. Sorry you missed out on the deal though.
Valued Member
United States
470 Posts
 Posted 05/16/2012  12:20 pm  Show Profile   Bookmark this reply Add Andrew289 to your friends list Get a Link to this Reply
Did you let him know that he has now, due to his lack of respect, lost a long time customer? What was his reaction when you told him that you didn't apreciate the knife in the back?
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