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Selling Junk Coins To High.

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eaglefoot's Avatar
United States
6326 Posts
 Posted 07/10/2016  7:58 pm  Show Profile   Bookmark this reply Add eaglefoot to your friends list Get a Link to this Reply
I've even seen, very recently & more than once, where, at flea markets, they had a little sign with their coins that said "Prices Firm"....nothing else with that in all their other inventory, JUST the coins....lol
I just keep walking shaking my head....

But, I bet ya, they have PLENTY of people who are non-experienced coin collectors, that WILL pay those prices in a heartbeat. ...no doubt.
Like...."Hey mom look C.O.I.N.S. !" --- "Can I buy these, puuuhleeeeze, !"....
Edited by eaglefoot
07/10/2016 8:05 pm
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Joe2007's Avatar
United States
3843 Posts
 Posted 07/10/2016  11:31 pm  Show Profile   Bookmark this reply Add Joe2007 to your friends list Get a Link to this Reply
I usually find negotiating pointless if the price I'd like to pay is more than 30% lower than the initial asking price. Quite simply some vest pocket dealers or collectors renting a booth may not have a clue about current market prices. Several antique malls is my area have brisk sales on overpriced coins so that type of pricing may work with the non-collecting public that just wants to buy a cheap trinket to remember a day at the flea market.
New Member
Bosstown's Avatar
United States
31 Posts
 Posted 07/11/2016  04:15 am  Show Profile   Bookmark this reply Add Bosstown to your friends list Get a Link to this Reply
This is a prime example why they say knowledge is power.
Valued Member
cuzzx's Avatar
United States
411 Posts
 Posted 07/11/2016  08:15 am  Show Profile   Bookmark this reply Add cuzzx to your friends list Get a Link to this Reply
at a flea close to me halves went for $9.00 and year sets at $11.00
there are made up circulated year sets and it was last year.
its been that long since I have been there , need to go back.
Bedrock of the Community
Conder101's Avatar
United States
17884 Posts
 Posted 07/11/2016  10:47 am  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply

Quote:
I did show one guy the conflation app and try to negotiate but he wasn't budging.

Why should he budge when there are probably some foolish people that WILL buy them at his inflated prices?
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Imthealphaomega's Avatar
United States
3210 Posts
 Posted 07/11/2016  11:34 am  Show Profile   Bookmark this reply Add Imthealphaomega to your friends list Get a Link to this Reply
Sometimes you can find decent lots of junk silver halves online...it requires patience and the right timing. Or coin roll hunt boxes of halves and pray you get some silver; it is still out there. Last week I found 4 90% halves in one box 1 walker, 1 kennedy, and 2 franklins.
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paxbrit's Avatar
United States
992 Posts
 Posted 07/11/2016  11:44 am  Show Profile   Bookmark this reply Add paxbrit to your friends list Get a Link to this Reply
I watched several folks bid $40 on an ordinary Canadian dollar because it was silver. Not only silver, but an ounce of it, per the auctioneer.

Not just one, but several such coins.

Nothing you can do about it, it's their money and their choice, and one born every minute, and two to take them.
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Bosstown's Avatar
United States
31 Posts
 Posted 07/12/2016  12:26 am  Show Profile   Bookmark this reply Add Bosstown to your friends list Get a Link to this Reply
I'm going coin roll hopping real soon. I haven't tried the halves yet. I do wonder if most people still keep up with the price of silver? I'm determined not to over pay anymore.
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mvl9591's Avatar
United States
110 Posts
 Posted 07/12/2016  02:32 am  Show Profile   Bookmark this reply Add mvl9591 to your friends list Get a Link to this Reply
It's fun to look at the coins at garage sales and flea markets. And prices are way too high. Having typed that there is an exception to every rule. People who do house clean outs come out on the opening day of a flea market in Connecticut. I look for books, odd knick knacks,bottle openers, souvenirs, etc,... This one fellow had a box of coins among his other items, ten cents a piece. I get there early so I was probably the fifth or sixth person to look over his stash. He laughed and said he took out all the silver already. I bought ten dollars worth. Old Canadian coppers, coins from Palestine, German coins from the war! But he was right, there wasn't any silver!
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Bosstown's Avatar
United States
31 Posts
 Posted 07/12/2016  5:01 pm  Show Profile   Bookmark this reply Add Bosstown to your friends list Get a Link to this Reply
Funny.
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