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 Replies: 21 / Views: 4,156 |
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Press Manager
 United States
1420 Posts |
 Coinweek - The relationship between a coin collector and his or her favourite dealer will go a long way in determining the growth and health of the individual's coin collection, not to mention the added benefits of continued interest and enthusiasm for our great hobby of numismatics. For the continued development of the coin hobby it is imperative to those of us who reside anywhere within an easy commute to a coin dealer's store, patronize that dealer to any extent possible - assuming of course that the dealer is not obnoxious or rude and that the prices asked are not anticipatory of what may be sought ten years or more down the road. All things being equal, you'll find that the majority of coin store proprietors are a very friendly group who are willing and eager to share the numismatic knowledge they have gained over a good number of years. This is especially true for the neophyte collector. The dealer knows all too well that the future of not only the hobby but his or her livelihood as well depends on obtaining and keeping new collectors. The coin store dealer is also an important promotional vehicle for the hobby. The storefront display cannot help but attract interested newcomers to our hobby. If anyone passes by enough times it is inevitable that they will enter the premises. For a youngster it may be that first gaze at the dazzling display of coins and currency. That's why I believe that it is vital to support the store dealer whenever possible. Without the store there are no interested passersby. Read the Entire Article
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Bedrock of the Community
United States
19949 Posts |
I couldn't agree more! I've learned more from my dealers than the web could EVER offer.
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Valued Member
United States
156 Posts |
The sad truth is with the explosion of online stores, I see a future of fewer and fewer brick-and-mortar coin dealers. There will always be some, but their numbers are going to become more limited as more and more people just get used to shopping online.
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Moderator
United States
188350 Posts |
I still prefer to talk to a dealer in person, see the coins in person.  |
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Valued Member
United States
368 Posts |
I had three coin dealers in my town.....let me describe them to you:
1) An old man's store....I enjoyed this store the most. I purchased a few items from him over the years. He had mostly low grade stuff...definitely no slabs. Most coins were AG - F grades. He had one gold coin that he kept up front....but he never sold it over the many years he was in business. His store closed last year sometime....I believe due to health issues.
2) A rich man's store....this guy has a storefront, but he's never there. He attends almost every show in the US I believe....hence the reason his storefront is rarely open. He has a sign out front that says "Be Back on Monday"....but he's never there. I have never been in this store before....I have never found out when he's actually open.
3) A cluttered man's store...this guy deals in cards (baseball, football, etc) and coins. Nothing is displayed...you just have to ask him if he has what you're needing. There are stacks and stacks and stacks of cards.....everywhere. You literally have to walk around stack of cards or boxes just to get inside of the store. I've visited his store approximately 5 times over the years....never purchased anything from him. He grades very generously on his coins....he asks AU prices for VF - XF coins. No wiggle room either. He sells common date Franklins and WL halves for $25 - $30/each.
Needless to say, I shop a lot on the internet....and I have no regrets about it whatsoever.
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Rest in Peace
United States
18456 Posts |
I'm friendly and patronize 4 different dealers at this one local coin show that shows every 2nd and 4th Sunday of the month. needless to say, I get great deals from them, and usualy always walk away feeling good about what I bought. |
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Moderator
United States
188350 Posts |
It has been at least ten years since I have stepped inside a B&M. All of my dealer interactions have been at coin shows.
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Pillar of the Community
 United States
5828 Posts |
1 store in town. Pawn shop. Overpriced, low grade coins. I hate going there but its nice to talk to the lady and to handle the coins in person. 3 stores in Omaha -The rich one. Attends a lot of show, has a lot of inventory. Has 2 stores. Decent prices, a lot of customers. Frendly staff, but most of the inventory is located at one store that is in a sketchy neighborhood. DSS Coin & Bullion -The small one. Doesn't have a lot of inventory, but has great prices. This is where I got my 1961 Proof Set. Located in a nice part of town, near a Walmart. Dealer is nice ABC Coin & Collectables -The Middle one. Fairly nice inventory and great prices. No online store for this one, but the staff is awesome. Located in a decent part of town. J&J Coin & Collectables I have to shop online alot because I hate the pawn shop and I don't want to drive. Not sure If I should post the names of the businesses, but oh well. Edited by ChildOfTheWheat
05/29/2015 4:52 pm
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Valued Member
292 Posts |
Those three stores sound exactly like my town here in Florida. I don't know if I come across rude to people or what but I tend to dislike the coin dealers' personalities for the majority. A lot of collectors seem very hermitish and lack interpersonal communication skills from my experience.
but maybe it's just me... Maybe I'm the problem.
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Valued Member
United States
337 Posts |
The nearest coin store to me is about 25 miles away. The owner is pretty friendly and also a jeweler. He has a separate jewelry store across town but works on rings and things when no one is in the coin store. He doesn't usually have many slabs but most of his prices are fair. Non graded ASEs, maples, harmonics, etc only get a 2-3 dollar premium over spot. I also get my 2x2s from him and there $5.00 for 100 and I can mix and match sizes. The pawn shop 5 miles away is hit or miss. He doesn't really know much about coins and way overcharges on some things and way under charges for other things. He sells common wheat cents for $1 and sometimes will have earlier ones for a quarter. I stop in and check for bargains occasionally and sometimes pick up a worn Morgan or raw ASE for $15-20. |
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Bedrock of the Community
United States
20753 Posts |
I stick to coin shows. I have a massive amount of them in my area so that makes it easier. One of the many regular coin show dealers I know has a coin and hobby store. I went there a few times and found his prices for the same items were more at the store than at the shows. I basically keep away from ebay, on line dealers and coin stores. You really just can't beat a coin show. When you think of no postage, no handling, no paypal fees, no ebay fees, no wrong coin sent, no lost in mail, a coin show is the best. |
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New Member
United States
11 Posts |
I went to my first coin dealer shop today. First of all, it was like an hour drive to get there which I wasn't too upset about but then my fiancee and I walk into the store and the two employees working which were also the owners seems less than impressed to have to be burdened with customers. They were quite rude, kind of stuck up even. On top of that, when we did show them our coins and medals they didn't even know what half of them were and they didn't make much of an effort to help us figure out what they were. Maybe it was the fact that we are not regular customers but we may have become regulars had their attitudes not been terrible. I was super disappointed and now I feel hesitant to stop at another store. Who knows though maybe I'll try another place and not get let down.
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Pillar of the Community
United States
3789 Posts |
I needed some coin supplies.. I figure, "hey I will use this as a chance to know what they have, hows the store, etc etc". go in there, there is a reallly olllllld man sitting in the back at a desk looking at coins but he doesn't come up front. I look around for supplies and its soooo limited. I figure, let me look at some coins, nope very little in the case, finally some comes in and asks what I need, I explain and they tell me they can order it :/ I just I dunno, I collect modern coins and I dont know if most coin shops will have that sort of thing. I mean I cant recall seeing a shop with "authorized Perth Mint dealer" on the window.... Its much easier for me to look at ebay, online for time reasons and getting what I want. |
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Pillar of the Community
United States
819 Posts |
i have one shop in town went there for some flips. small place lady was real nice talk to her about some coins I was looking to sell. told me her husband did all the buying.
ran into them at a coin show and showed him what I had and was told 25.00 is what he would pay. sold then to another dealer for 600.00 so iam sure you know were I wont be shopping.
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Bedrock of the Community
United States
10038 Posts |
I have a GREAT local store (actually about 30 miles). Its like the good old days when you step inside b/c there are many large cases full of coins. But he is smart b/c he also has a large presence on ebay. So even if the store oes not do as much walk-in business, he does a lot through ebay. If you go there and tell him of something on his ebay store, he will pull the auction and take off money to compensate for fees he would have had to pay ebay if it sold. I just wish I could get ther more often. How much squash could a Sasquatch squash if a Sasquatch would squash squash? Download and read: Grading the graders Costly TPG ineptitude and No FG Kennedy halveshttps://ln5.sync.com/dl/7ca91bdd0/w...i3b-rbj9fir2 |
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Valued Member
Slovenia
459 Posts |
As for an impression from another part of the ocean :) : I have a good relationship with my coin dealer (cca. 60 km away), I visit him every time I'm in the city. BUT I can't beleave how east/south oriented the offer here in general is. Yeah, there is Euro, but otherwise everybody seems to be interested in all but 'west'. There are a few bullion coins offer (Libertad, Eagle) and that's about it. When I was searching for some nice coin/set from Great Brittan for my mom's 60th birthsday, I had no other alternative than the web.
Not really a big trouble, but it seems the east/west border is still strong here in that field.
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Replies: 21 / Views: 4,156 |
Posted 05/29/2015 1:39 pm
