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Describe The Brick & Mortar Coin Shop(S) In Your Area.

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rachums107's Avatar
United States
3345 Posts
 Posted 11/28/2012  7:33 pm  Show Profile   Bookmark this reply Add rachums107 to your friends list Get a Link to this Reply
Customer service is everything.





It's arguably the most important part of a business.



I already ranted about the coin guy in my area. He's not customer serviceable. (Southern NH)
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Joe2007's Avatar
United States
3843 Posts
 Posted 11/29/2012  1:16 pm  Show Profile   Bookmark this reply Add Joe2007 to your friends list Get a Link to this Reply
Thanks for the great responses everyone!
Valued Member
ngs428's Avatar
United States
359 Posts
 Posted 11/29/2012  3:53 pm  Show Profile   Bookmark this reply Add ngs428 to your friends list Get a Link to this Reply
Coin shops around my area are turning into pawn shops. The ones that haven't (2 of them) have really poor customer service. One of them is the size of a closet and is dark and very messy... I bought one thing there once and vowed never to return. The other coin shop is better, decent selection, but is only open 1 night a week and even that is not predictable.

I like the "no pressure" way of buying on the internet via auction sites (teletrade, etc.). Pictures are much better on those established coin sites, selection is good and I can buy after examining a coin until I am blue in the face. I seem to be able to set my price better that way than I can in the shops.
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hesgut's Avatar
1028 Posts
 Posted 11/29/2012  4:03 pm  Show Profile   Bookmark this reply Add hesgut to your friends list Get a Link to this Reply
Well, let me see, there's 4 coins shops in close proximity to me.

a) owners are extremely rude, I've personally seen them totally rip off an old lady when buying, and they sell for over the moon high retail...but they have really strong inventory.
b) owner is extremely rude, store is unwelcoming, high retail prices, but acceptable inventory.
c) owner is only somewhat rude, gives decent prices when buying and sells for between greysheet and retail. Inventory is acceptable.
d) owner is very nice, a chatterbox actually, prices are pretty decent, but inventory is tiny and store is messier and dirtier than someone's garage.

I certainly will never buy from a) or b). d) just doesn't have anything I really want. I'll probably buy again from c), but I generally buy most of my coins online.
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mds308's Avatar
United States
1721 Posts
 Posted 11/29/2012  5:20 pm  Show Profile   Bookmark this reply Add mds308 to your friends list Get a Link to this Reply
hesgut,

I'm not saying this to be rude and I know it doesn't apply to all but (in most cases) the only difference between a coin shop and a pawn shop is the name on the marquis.

There is a new shop that opened up and he sells bait and tackle but when you go inside there is little bait and less tackle. Lots of junk. He's got the big sign on the street: WE BUY GOLD. He has a display case full of overpriced common Peace and Morgans. How about 60 - 70 dollars each. Overpriced enough for you? I asked him if he had any other coins and he said: "I put all my better stuff on ebay." Great for him but why say that to a customer? That's a great way to alienate a future customer.

I don't care if you sell to the Taliban, just talk less and listen to your customers. The guy never shut up from the time I walked in his store. He bragged about how he gets stuff so cheap and all the money he makes on ebay. While I was there another customer came in and he tells this guy he'll pay more than anyone. I can't believe anybody sells him anything.
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Jaymon74's Avatar
United States
844 Posts
 Posted 11/29/2012  5:22 pm  Show Profile   Bookmark this reply Add Jaymon74 to your friends list Get a Link to this Reply
There are three that I go to when I feel like spending. One is the size of a closet and he keeps everything in a safe. You have to request to see something specific. Don't really care for that much. Does have somewhat descent prices.
The other is nicely laid out, but a pig pen. They have better than good prices. Nice people too. longer drive.
The last is the longest drive. Huge selection! Building secured like Fort Knox. (even have to be buzzed in) Very Knowledgeable owner. Workers kind of on the impatient side. Prices are right on. Actually started my coin collecting going to the owner when his store was quite smaller. Been 23 years now.
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tpg22's Avatar
United States
919 Posts
 Posted 11/29/2012  5:28 pm  Show Profile   Bookmark this reply Add tpg22 to your friends list Get a Link to this Reply
There are too many to list in my area (over 15). I have purchased from 3 of them.
1. In business over 40 years. Has almost everything if you ask. Doesn't keep a lot of good coins out, but has everything possible in the safes. I end up spending hours talking and learning from the owner.
2. Mainly a bullion store and slabs. Does a lot of business buying from public and selling at shows. While I was there one time he purchased 200+ oz of silver, 10 gold coins, and 25 silver mint sets from a guy. One other time he purchased over 100 Morgans and some sterling. When I stopped back a week later everything had been sold. He moves a lot of product.
3. Small store with nothing out to see. Very willing to bring things out.

All 3 have great customer service. The first one listed offered to buy a older womens silver bars for $31 when silver was $32. She almost fell over. The other place she went offered her $7 per oz. There are far too many guys both in stores and online trying to cheat people. It is one of the things I hate about coins. I mainly buy from store 1 because of the way he treated that lady.
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copper nickel daddy's Avatar
United States
2224 Posts
 Posted 11/29/2012  5:31 pm  Show Profile   Bookmark this reply Add copper nickel daddy to your friends list Get a Link to this Reply
I have one major shop within 20 miles, and other than that a smattering of small time flea market dealers (all overpriced) and pawn shops (also all overpriced). The coin shop is great, as long as I go on Monday, Wednesday, Friday, or Saturday. The woman that works there those days is fun, conversational, and really knows her jewelry/precious metals. We don't talk coins much, and I'm not sure of her knowledge level regarding them. She showed me a roll of Morgans once that I immediately picked three fakes out of that she swore were all real. She has no problem with me cherrypicking all of the type coin bins, raw silver, Wheat cents, etc. and she will show me any coin I want to see, even coins she knows I can't afford (like any of the Bust Dollars they have in the case). Everything is raw; I've never even heard of her sending out anything to be graded. She works for the owner, that is there Tuesdays and Fridays. He rips people off blatantly, and is a general all-around jerk. I avoid him whenever possible.
Bedrock of the Community
United States
20753 Posts
 Posted 11/29/2012  5:36 pm  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply

Quote:
a) owners are extremely rude, I've personally seen them totally rip off an old lady when buying, and they sell for over the moon high retail...but they have really strong inventory.

Sounds like you live here. My favorite rude story was at a coin shop, actually mostly just a hobby store, a lady came out of the back and said "Did you want somthing?" Kiddingly I said no I'm waiting for a bus. No response so I asked about some of the Lincoly Cents in the show case. They all looked cleaned. She reponded with I sell them, I don't clean them. Then she said "Oh it's my lunch time" and walked away. A man walked over and said "try coming back later, we are all eating now." All their coins are cleaned looking and excessively high priced anyway. I did not come back later though.
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Ben's Avatar
United Kingdom
4208 Posts
 Posted 11/29/2012  5:39 pm  Show Profile   Bookmark this reply Add Ben to your friends list Get a Link to this Reply
Blackjack - I collect anything really. I'm making a pretty sizable ancients collection - not good condition, but 2000 years old...When I was younger I got into collecting anything interesting from circulation and I still pick it out when I see it. I have 22 out of 29 Olympic 50p varieties - hunting down the last 7 is darn difficult with my 'collecting rules' for them - no getting bankbags. It has to come from change.
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Windchild's Avatar
Canada
1411 Posts
 Posted 11/29/2012  6:11 pm  Show Profile   Bookmark this reply Add Windchild to your friends list Get a Link to this Reply
My local store owner (and the only one I live close enough to buy from) doesn't like me for some reason. I believe it is because I'm young, as he likes every adult that I have seen come into the store when I am there.

His father, however, is great. Very nice and gives me discounts, making me more likely to come in when the father is in.

Most things are overpriced, but I have found a few underpriced items in the store.
Valued Member
fromms2244's Avatar
United States
461 Posts
 Posted 11/29/2012  6:40 pm  Show Profile   Bookmark this reply Add fromms2244 to your friends list Get a Link to this Reply
There are 6 shops within 30 minutes of me here in south Alabama. The two "across the bay" have excellent inventory with reasonable to high prices. The one really close is sports card/coin shop. It is awesome with a great staff. The other 3 are not great on selection but I stop in cause you never know what you might find.
I feel blessed after seeing so many folks don't have shops near by.
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SsuperDdave's Avatar
United States
23522 Posts
 Posted 11/29/2012  6:53 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply
I have only one in my area. He's got a rather large store, and deals in all sorts of collectibles (sports, smaller antiques, etc.) in addition to coins, but I know he handles coins personally. He's an excellent grader of both US and World issues, he knows about VAMs and he prices consistently if a tad high (to be expected). All in all, a solid place to visit and the next coin I buy from him won't be the first.
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argentum's Avatar
United States
1195 Posts
 Posted 11/29/2012  7:30 pm  Show Profile   Bookmark this reply Add argentum to your friends list Get a Link to this Reply

Quote:
I feel blessed after seeing so many folks don't have shops near by.


Here, here!

At least I got one go-to shop out of four. Terrible that some got none of few or none of none.
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blackjack's Avatar
United States
386 Posts
 Posted 11/29/2012  8:42 pm  Show Profile   Bookmark this reply Add blackjack to your friends list Get a Link to this Reply
Benbyfield, I like the ancients. The motifs attract me. The Greeks and Romans intrique me; I've read a good amount of their history and literature over the years.
I guess you're in this for the aesthetics, by and large. I am, too, collecting Morgans. But sometimes I feel I'm playing it safe, considering the .77 ounce of silver in each one. Sometimes I feel I should just pick up what I like, but, in that case, I'd be all over the place; I wouldn't have enough cash to do justice to one coin or to one artist or to one period, etc. It's good to be focused, as one needs to be when writing a poem or a song, for instance.
Edited by blackjack
11/29/2012 8:46 pm
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