Silver Dollars

Congrats on your great find BigCartwheels! Truth be known, that lady was possibly bragging to her friends and family later on how she made $425 in profit on those 'old coins' she had inherited. Of course we have no way of knowing if that's the case or not but let's face it, she probably ended the day feeling like she just had the best yard sale of her life. If this wasn't the case then I doubt she would have sold them.

I like jbucks point(s) on great finds we might make in CRHing and other ways. You did nothing wrong big cartwheels. You and the seller got a great deal!

I only have one point on my beliefs on any similar situation. I feel that if you are willing and ABLE to, you should give your sellers the best deal you possibly can. One good reason (among others) for this? They will always remember you and just might spread the word about you as an awesome reference to anyone they know that is interested in selling their coins. This holds true for any goods you might be interested in buying from anyone. But especially so when buying from an individaul. A good reputation that results in positive word of mouth references is some of the best advertising you will ever have, and it's free! This isn't something directed at you BCW but this is just some advice for anyone that is trying to make a profit in numismatics. This is business sense not a moral opinion.

We have two city-wide yard sales each year in the town I live near. I know I'll be asking some folks about old coins they might have this spring. Maybe (hopefully) I'll be so fortunate and find some similar deal.

Operating on a narrow profit margin isn't as nice as making bigger profits on a great deal but both methods offer big rewards. Huh, that sounds pretty good. Maybe I should make that my famous quote or somthin' .

Happy hunting to all.

-Bill.

here is a pretty hard find that was in the collection, I will post more later

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Six bucks a throw, is not bad! If the lady had the blue book in hand when dealing for them, and accepted the offer, then sha was apparently satisfied at what she got for them, or she would have "just said NO"!
dick

That was an amazing find and thanks for the tip about not placing the old coins in plain view. If you don't ask you might miss a deal like this one. I have to remember that one!