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 Replies: 9 / Views: 1,377 |
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New Member
United States
40 Posts |
hey I seen a ad in the paper, a local auntiq shop is selling some coins, silver dollars to cents, is there any advice so I dont get ripped off so badly? and do they get mad if u haggle with them? thanks
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Valued Member
United States
72 Posts |
Knowledge is the best defense against being taken advantage of. Go in with your price guide and the ability to give the coins a grade. Some people will hagle on price and some won't, it just depends on the person. Don't be afraid to try all they can say is no.
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Pillar of the Community
United States
7123 Posts |
JonL
Best advice !!! arm yourself with knowledge!!
You need to know about whatever coins you are looking for, How to tell if they have been cleaned, How to grade fairly accurately whatever series you are looking for, a good Idea of what the market is demanding for values of any series you are looking for !!
Once you have a handle on the coins you are looking at, then being ripped will be on you!!
I have never been shy about offering what I feel the coin is worth!! based on the above information, if they wont come down then its either walk or pay !! it depends on how much the coin means to you and your collection, but Ive always found that if I shop I will find my coin at my price!!
Rick
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Rest in Peace
United States
2684 Posts |
quote:
Originally posted by JonL17
hey I seen a ad in the paper, a local auntiq shop is selling some coins, silver dollars to cents, is there any advice so I dont get ripped off so badly? and do they get mad if u haggle with them? thanks
JonL, this is a tough question for many reasons. Some antique dealers are quite knowledgeable about coins and are open and honest dealers while others will attempt to rip you off. Yet other antique dealers know little of coins, but this can also go both ways: good deals or rip-offs. Most antique dealers will attempt to determine the approximate retail value of a coin and list it accordingly, but there is no guarantee of the quality of each coin. A lot depends upon the source of the dealer's coins which could vary from the estate of a very experienced collector which may have some gems or from grandma's cookie jar which has nothing but highly circulated Roosevelt dimes and wheat pennies. The bottom line is knowledge, education, and experience. Take a magnifying glass with you when you look at the coins and know what to look for: signs of cleaning, damage, defacing, amount of wear, etc. Have an idea of what you want and its approximate value; it is quite proper to take a coin price catalog with you which would prove useful not only if you find something for your collection, but also in the instance you see something unusual of which you know little. Regarding haggling, it's up to you and the dealer. Some people like to haggle while others do not. I personally don't like it and don't do it. Antique dealers can be a source of a treasure coin or a source of junk. In my experience, it's mostly been the latter. |
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Pillar Of The Community
3147 Posts |
It appears every thing that needs to be said, has been said. You have received some VERY good advice here so take a guide book with you and good luck. Let us know how many GREAT bargains you find!
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New Member
 United States
40 Posts |
hey thanks for all the advice, ill start reading up ;) were can I get a price guide? is there a site or would like Wal-mart have one? thanks alot |
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New Member
United States
25 Posts |
Walmart sells the RedBook which is generally high. You should go to a bookstore and buy a copy of Photograde. You can go to greysheet.com and print a copy of the CDN for $4.00
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Forum Mom
 United States
5877 Posts |
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Rest in Peace
United States
2684 Posts |
quote:
Originally posted by JPerry
Walmart sells the RedBook which is generally high. You should go to a bookstore and buy a copy of Photograde. You can go to greysheet.com and print a copy of the CDN for $4.00
Many WalMarts also sell Coin Prices and Coin Values magazines, their availability dependent upon the individual store and demand. While not as dependable nor up-to-date as CDN, the pictures are usually pretty good and you can obtain a ballpark figure on values |
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New Member
United States
40 Posts |
ok ill check that out thanks guys
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Replies: 9 / Views: 1,377 |
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Posted 10/12/2005 2:29 pm
