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True Stories Of Estate Sale Coin Hunting

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Author Previous TopicReplies: 10 / Views: 1,202Next Topic  
Pillar of the Community
Tykimeister's Avatar
United States
882 Posts
 Posted 06/30/2007  12:32 pm Show Profile   Bookmark this topic Add Tykimeister to your friends list Get a Link to this Message Number of Subscribers
Don't you hate it when you drive 120 miles for an estate sale that advertises coins, then when you get there they tell you family members decided to keep them? Well this happened to me. Estate sale listed in the paper, got a LOT of cash on hand for a special deal, drove 120 miles, waited a full hour in front of the house tell they started, then found jack shinista.

"Omm, excuse me maahm, where are the coins you had listed in the paper?"

"Well, this (she points to a 4 one ounce silver coin set) is all we have left. The family decided to keep the rest."

"Great, thanks!"

I guess its all a hit and miss kind of deal. I will keep trying. But I got off from my job at 7 am, drove to the estate sale at 9, and now I'm getting ready to go to bed when I could have been sleeping for the past 3 hours. Gotta love it.
Ty
Edited by Tykimeister
06/30/2007 12:36 pm
Valued Member
United States
459 Posts
 Posted 06/30/2007  12:46 pm  Show Profile   Bookmark this reply Add Benji to your friends list Get a Link to this Reply
I don't know which is the worst...losing out on sleep, driving for 2 hours, or the disappointment of not offering any coins?
Sweet Dreams.
Member
United States
703 Posts
 Posted 06/30/2007  1:29 pm  Show Profile   Bookmark this reply Add Errorcoins to your friends list Get a Link to this Reply
with ebay, I get exactly what I want and the postman does all the driving.

errrror
Pillar of the Community
Amazon99's Avatar
United States
2443 Posts
 Posted 06/30/2007  6:35 pm  Show Profile   Bookmark this reply Add Amazon99 to your friends list Get a Link to this Reply
Still thinking about visiting a few this summer. Anyone have any tips? How exactly do these work?
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Kabiye_Lady's Avatar
United States
581 Posts
 Posted 06/30/2007  6:59 pm  Show Profile   Bookmark this reply Add Kabiye_Lady to your friends list Get a Link to this Reply
I agree with the other posters. Unless you enjoy spending money on gas and don't have anything better to do with your life.......

Serious waste of time if you add everything up. But some people go for other things too and others just like the chase of it all.

So, to each his/her own.
Pillar of the Community
Kabiye_Lady's Avatar
United States
581 Posts
 Posted 06/30/2007  6:59 pm  Show Profile   Bookmark this reply Add Kabiye_Lady to your friends list Get a Link to this Reply
I agree with the other posters. Unless you enjoy spending money on gas and don't have anything better to do with your life.......

Serious waste of time if you add everything up. But some people go for other things too and others just like the chase of it all.

So, to each his/her own.
Valued Member
Madmartigan's Avatar
United States
264 Posts
 Posted 07/01/2007  09:02 am  Show Profile   Bookmark this reply Add Madmartigan to your friends list Get a Link to this Reply
Well I've not tried it yet but plan to. Most of the time I see estate sells or auctions going on during the day when I'm at work. I'm mostly looking for estate sales that are going to happen on my way to work. That way I don't spend alot of gas. Plus, the homes and stuff on my way to work are 100+ years old. With many of the owners liven in them for the past 60 years. You can tell alot of the owners have died off as more and more of the homes have come up for sale of late.

Estate sales are like playing the lottery. Your going to spend alot of money before you win, and you just might win that jackpot.
Bedrock of the Community
United States
20753 Posts
 Posted 07/01/2007  8:43 pm  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply
Think I've repeated this many, many times but more than likely not listened to. For one thing if coins are advertised in any sale, you can almost always believe a relative, neighbor, friend, etc has been there first. Never bother with ones where coins are advertised. Never drive long distances for something that may or may not exist.
Around me there are almost professional searchers for such sales. They do not have a job except buing up garage/yard/estate sales if the merchandise is worth anything at all. Some of these people have warehouses full of such merchandise and they to sell it at flea markets or through the ebay type auctions. I know one person very well that makes well into the 6 figure income doing this. He specializes in Gold, Silver, coins, etc. He owns 1200 guns. If you want to compete with people like him, you'ld better get up early on the first day of the sale. If you see such sale advertised as starting at 9AM, check it out and you'll see prospective buyers there at 8AM. They also travel with a map of the area and have noted on the map all the garage/yard/estate sales and will hit them in order.
They all do one thing that most people will just not do and that is to ASK. The average person will look and leave. The ones that no better will ASK for coins, guns, knives, jewlry, etc.
If you do go to any of these estate sales learn to ASK.
I keep telling everyone about one that I went to and did ASK for coins. The lady went inside and came out with a large jar of pennies (cents). She said I could have them but would have to sit there and count them. Instead I offered her $50 and she took it. The bottom was loaded with Indian Head cents in mint condition. At home I estimated well into the thousands of dollars worth of coins.
Like I keep telling people, you have to ASK.
Valued Member
United States
112 Posts
 Posted 07/01/2007  8:53 pm  Show Profile   Bookmark this reply Add gonefishin to your friends list Get a Link to this Reply
I think going to coin estate sales and/or auctions is addictive. Kind of like playing stuffs in vegas. However, I have learned also to call the place the day before or the day of and make sure they are still selling the coins. Call ahead first......
Valued Member
magusxxx's Avatar
United States
306 Posts
 Posted 07/01/2007  9:24 pm  Show Profile   Bookmark this reply Add magusxxx to your friends list Get a Link to this Reply
I don't remember what kind of auctions they are, but I went to an estate sale where they did this.

They auctioned off a bunch of stuff on a table. If you won then you took what you wanted. Whatever was left they would start to auction off again. They did this ALL day. It took a good 8 hours to get through everything.

Can you imagine doing this with coins? Having someone win the bid, sit down, and look through each and every coin. Ack! :P
Pillar of the Community
djluster's Avatar
United States
1327 Posts
 Posted 07/01/2007  10:41 pm  Show Profile   Bookmark this reply Add djluster to your friends list Get a Link to this Reply
I know something that I did around where I live was. I would go to storage unit auction. This is were they would auction off the whole unit unsearch by you or anyone else what you see from the door is what you get. But like just carl said about the Prof. who search Estate sale there are the same that do this.
But with this oyu might have a beter chance of getting some coins. since most people don't plan on losing there stuff. I did this for about a month but it got to hard missing work for them. But if you have a little time and some extra space it could pay off. As for as coin I bought 3 maybe 4 units 2 of them I could see everything I was buying. But in one of the units after getting the stuff home I went though a dresser and it wasn't much but found a common date Morgan dollar which I sold for 20 dollar and a hand full of pocket change and about 20 foriegn coins. So I think as far as a treasure hunt this might be a beter chance of finding any coin then goind to a estate sale of estate auction plus it is fun for the hunt to see what you might find. also a good way to make money on ebay. I tripled the money I put into it.but ran out of time and money to do it. you cna find about the auction it the public notice area of the paper.

but I have never found any coin at a yard sale but I also have never asked and don't go to a lot of them.
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