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Replies: 14 / Views: 1,501 |
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Pillar of the Community
United States
3540 Posts |
Whenever we are here visiting our daughter, I make the trip to three coin dealers - Saks, Hallenbeck, and Colorado Coin Galleries. No Lincolns found to help my set out. Have been branching out into IHC's, Buffalo's, Mercury's, SLQ's, and Washingtons....but nothing tripped my trigger today. So, stocked up on some supplies that were very reasonably priced from all three shops listed above.
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Bedrock of the Community
Australia
21786 Posts |
I find it frustrating that the bulk of business for coin dealers these days has to be for very modern coins, bullion and NCLT. That is where their customer base happens to be.
I am a traditional collector. My interests happen to be all coins from ancients to modern, up until about 1950, when silver being withdrawn from the World's circulating currencies. Only a small proprotion of most dealers' stock is in this area.
So I have to go to dealers that have been established for many decades.
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Pillar of the Community
 United States
3540 Posts |
Very true. Funny thing about this, two of the three are 30 to 40 years in the business.
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Valued Member
92 Posts |
Good Morning - It is the same up here in Canada, most coin shops I visit in my travels stock mostly NCLT and bullion and of course scrap jewelry. Thank goodness for alternative sources.
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Pillar of the Community
United States
511 Posts |
You can't blame dealers. Bullion is where the action and money is today. Even guys who are serious numismatists are doing lots of gold and silver these days.
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Valued Member
92 Posts |
3stooges - I agree, they (dealers) must earn a living. That is why most of my items come from "other" collectors.
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Pillar of the Community
 United States
3540 Posts |
Bullion products are a niche portion of our hobby. Sometimes it is the "driving force"...in soooo many realms.
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Pillar of the Community
United States
1151 Posts |
When I was in Colorado Springs last week, we were only allowed to go to Hallenbeck's, and I have to say, they have a great selection of supplies.
If you ever have time (or patience), ask to go through their junk silver. Myself and other YN's cherrypicked a couple semi-keys. It'd be worth your time.
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Moderator
 United States
16679 Posts |
Awesome!
swcoin.ecrater.com
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Bedrock of the Community
13014 Posts |
Quote: Bullion products are a niche portion of our hobby. Very true, until you get a run on PM prices and then it seems to be the driving force until that dies down. On the bright side the shifted focus does seem to drive prices down in some areas which I certainly cant complain about.
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Pillar of the Community
2087 Posts |
I was in Hallenbeck's two weeks ago. As a Non American collector there wasn't much for me to look at. However I had a win at the Colorado coin show. At one stand I saw a 1915 ANZAC medal from New Zealand. I had never seen that one before.....as the seller only wanted US$9.50 for it I purchased it. Back in Vienna and checked my references and WOW! I had picked up a medal assessed as R6 ( 7 point scale) meaning a maximum of 10 examples known. Market value is apparently US$200-300.
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Pillar of the Community
United States
9792 Posts |
Good job austrokiwi -I tried my hand while in the UK many years ago, but struck out I was looking for what else? US 2¢ pieces, they had none, but it was neat to see Spinks and Sotheby's and some small local dealers.
"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/140440
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Valued Member
United States
293 Posts |
yankee1227: I used to do that all the time in a certain town I lived in. I would go by this coin shop and rarely would they have the real nice semi-key to key date coins I was looking for and I'm notoriously picky about contact marks and rim dings especially a coin that goes north of $100. So I would always go through the junk silver and if I didn't find anything else I'd always buy about $5.00 worth of junk silver. Naturally I'd pick out the junk plus like 55-P Franklins, 49-S Franklins, 26-S Mercuries . . . and then at the next coin show I'd pop my junk plus. In fact I'd used to never be able to hold on to 90% that was just metal. Dealers were always looking for it and this is back before the boom started in 09. Once picked out six real nice Franklins that were XF-AU in key dates. Basically this shop threw an entire set of Franklins in the 90%. I took the six Franklins to the next show and since I sold them for double melt I doubled my money!
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Pillar of the Community
United States
9792 Posts |
Just finished reading the book Illegal Tender- the story of the 1933 Double Eagle coin. And realized I was at Knightbridge coin shop in London, while that coin was in there (hidden away I'm sure) 1995 late summer. Kind of neat that it was so close to me at the time I was in the store. Stephen Fenton was kndly and answered my questions about US coins in the UK and recommended several other shops to try out in the area.
"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/140440
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Pillar of the Community
United Kingdom
4208 Posts |
Well, I've never been to a coin shop. The only ones within 200 miles are really high end. They've all died out for the lower value stuff. So I get everything online. I can only get stuff cheap to ship so I have to get lower quality to get anything bigger - I cant get 2x2s easily. I'm having to get a PVC album because I cant afford to splash out 4x as much for a proper album.
I might splash out for more 2x2s, if the album doesn't work out (£8 for a coin album...eesh).
...you know what id like? To find a dealer. I once saw a guy at a carboot sale, but I've not seen him since. I want to find a 5 for £1 foreign coin bin or an uncleaned roman coin bin like the one I got my first from - thatw ould be great.
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Replies: 14 / Views: 1,501 |
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