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Buying Coins!!?!?!?!?

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rupp16's Avatar
United States
116 Posts
 Posted 09/13/2014  11:02 am Show Profile   Bookmark this topic Add rupp16 to your friends list Get a Link to this Message Number of Subscribers
Everybody loves finding coins right!

But we also don't find every coin we want.

My question is if you buy a coin where do you buy it from so you get the best price


in other words is there any websites that sell cheaper coins
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John1's Avatar
United States
56855 Posts
 Posted 09/13/2014  12:58 pm  Show Profile   Bookmark this reply Add John1 to your friends list Get a Link to this Reply
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ALP's Avatar
United States
234 Posts
 Posted 09/13/2014  1:41 pm  Show Profile   Bookmark this reply Add ALP to your friends list Get a Link to this Reply
eBay, Heritage, Stack's, Great Collections, here on CCF, or if you've got one nearby, try your local coin shop.
Edited by ALP
09/13/2014 1:42 pm
Pillar of the Community
United States
1554 Posts
 Posted 09/13/2014  4:48 pm  Show Profile   Bookmark this reply Add 1893S to your friends list Get a Link to this Reply
By cheaper do you mean $5 coins or coins at bargain prices?.....The answer I have for you regardless of either is search around coin shows, websites, online auctions, coin magazines, etc. I use all of them. You'll learn after a few years.
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rupp16's Avatar
United States
116 Posts
 Posted 09/13/2014  6:20 pm  Show Profile   Bookmark this reply Add rupp16 to your friends list Get a Link to this Reply
i mean coins at bargin prices
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United States
1554 Posts
 Posted 09/13/2014  6:26 pm  Show Profile   Bookmark this reply Add 1893S to your friends list Get a Link to this Reply
You generally get what you pay for. The cheaper the price the lesser of a coin. Bargains are hard to come by without doing research. If a coin seller was known for always selling coins at bargain prices, he'd always be sold out.
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atticguy's Avatar
United States
1373 Posts
 Posted 09/13/2014  6:30 pm  Show Profile   Bookmark this reply Add atticguy to your friends list Get a Link to this Reply
I saw the "cheapslabs" site listed so I checked it out for the first time. Result........not worth the time.
I looked at Mercury dimes and Washington quarters listed that I'm interested in and found they were listed 3 - 10 times higher than prices I see in Coin World and the kp Coin Digest. Like rupp16, I'd be more interested in paying just around $5 tops for most Washingtons.
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John1's Avatar
United States
56855 Posts
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rupp16's Avatar
United States
116 Posts
 Posted 09/13/2014  6:59 pm  Show Profile   Bookmark this reply Add rupp16 to your friends list Get a Link to this Reply
then here is another question


how do coin dealers stay in business if they dont get deals then there would be no immediate profit on the coin he would have to hold it over time
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coinlover168's Avatar
United States
506 Posts
 Posted 09/13/2014  9:24 pm  Show Profile   Bookmark this reply Add coinlover168 to your friends list Get a Link to this Reply
Dealers usually pay "bulk" price for coins. We(collectors) usually pay the retail price, which is higher. This premium is the dealers' profit.
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edweather's Avatar
United States
7375 Posts
 Posted 09/13/2014  10:41 pm  Show Profile   Bookmark this reply Add edweather to your friends list Get a Link to this Reply
Open a store and become a dealer, and you will get cheap coins.
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sel_69l's Avatar
Australia
21788 Posts
 Posted 09/13/2014  11:15 pm  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
I have been collecting coins for over 40 years.
However, I STILL love the hunt of searching for cheapies in dealers' junk boxes.
I guess it helps if you have the experience to be able to pick the bargains more easily, but my point is that I started out ORIGINALLY searching by this method.

I have a collection of about 4,000 coins, but most of them would have a current value of less than $10. I enjoy researching these just as much as some coins in my collection that are valued at 100's of dollars each.

I still enjoy the thrill of the hunt, just as CRH'ers do; it's just that I happen to be into World coins, but I also believe that there are junk boxes of exclusively U.S. coins in the U.S.A., on dealers' premises, and at coin shows.
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CopperCastle's Avatar
United States
1132 Posts
 Posted 09/13/2014  11:41 pm  Show Profile   Bookmark this reply Add CopperCastle to your friends list Get a Link to this Reply
I use one of 5 main sources for most every coin, depending on what I'm looking for. Consignment antique malls for "bargains" but more often then not a seller thinks they have a $50 Shield nickel when it's closer to $3 value. Sometimes I find nice things though like a $20 Half Dime that should be priced $40 minimum. You have to know what you're looking for.

I have another local dealer.I visit for high end certified coins that are priced competitively vs. ebay market prices.

I have a "middle" type guy that's in a strip mall & has buckets of any U.S. coin you could imagine minted between 1900-1964 that sells them all at the same price based off of what bucket they're in.

I use ebay for modern mint sets & commemoratives.

And I CRH.
Edited by CopperCastle
09/13/2014 11:46 pm
Valued Member
rupp16's Avatar
United States
116 Posts
 Posted 09/14/2014  10:37 am  Show Profile   Bookmark this reply Add rupp16 to your friends list Get a Link to this Reply
where can you buy coins in bulk prices
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SsuperDdave's Avatar
United States
23522 Posts
 Posted 09/14/2014  10:58 am  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply

Quote:
where can you buy coins in bulk prices


We'd all be rich if we knew that.
Valued Member
rupp16's Avatar
United States
116 Posts
 Posted 09/14/2014  4:38 pm  Show Profile   Bookmark this reply Add rupp16 to your friends list Get a Link to this Reply
so then where coin coin dealers buy bulk coins I mean there has to be a source
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