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2 Days At The Shop

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InfiniteInterest's Avatar
United States
673 Posts
 Posted 03/05/2008  11:24 pm Show Profile   Bookmark this topic Add InfiniteInterest to your friends list Get a Link to this Message Number of Subscribers
As I mentioned in my earlier post, I started working in a local coin shop Tuseday of this week. It was easy to tell silver was going up , the shop opens at 10 and there were 8 customers (all sellers) inside when I walked in at 10:00. It was busy all day, they were handing out numbers until 5:30 - it closes at 6. The verdict when I got there today was that it was the most they ever bought in one day- a shade over 200,000 . That's alot of silver, and gold.
When I got there they had me sorting the silver 50/25/10 , pulling barbers and better walkers, some mercs. I was pulling 42's in the mercs for later looks but he said they don't usually bother....Hmmmmm . Goes faster though when you are looking for XF or better...there are not many. I did pull a 1945-s Merc. micro S. I guess there's no wonder why cherry picking those bags was easy for me. I stayed away from dimes because they are so darn small...but I guess I might try them soon, I got a good feeling about that 42/1 waiting for me .
That was a small box, so after about an hour he got this ungodly heavy bag of Buffaloes out of the vault and that was my job the rest of the day. I got through about 1/3 of the bag , sorting the no dates, the partial dates and the full dates. Found a few no date 13-D type 1's and a couple dozen bargain bin coins- partial date teens and a couple with mint marks.
In between doing this stuff buyers do come here and there. One guy buys alot of Morgans from the circ bin, I love this guy- he gave me the Donkey Tail a while back . He sat next to me and did his thing while I did mine and basically looked at the Morgans for both of us since I couldn't. I got a 21 (like I don't have enough yet) that has some of the nicest toning I have seen IMHO.

Bored Yet ? Not me !

Today I started off with the Buffaloes, but he had something else he wanted me to do instead :War Nickels. I thought oh boy..what a thrill....dirty ,nasty, worn out... ugh . Well.... they are all that ! And more ! I was told to look for 1943/2 -P, 1943 DDO (doubled eye) , and 1945-P DDR. Now usually I don't expect to find any DD's - unless I am looking at Kennedy's, but this was surprising and kept me on my toes. They were in an ammo box ( has alot of those boxes I guess) and it was full, so I got about half done . I had looked at a couple hundred and found a couple I thought might be 43/2, so I asked if he had pics of any of them, he gets the Cherry Pickers Guide for me. While he does this I pull a coin and look...OH, that's what it looks like , I had pulled one before he even got there with the book. Anyway, after spotting these they get easy. After probably 2000 nickels, I had found:

1943/2 -P (2)

1943-P DDR (2)

1 Clipped Planchet

6 Nice lamination errors

1 Lamination that was peeled and still attached, that was pretty cool if you like that sort of thing

3 other 1942-P DDO's, not dramatic, but they are listed. I was happy to catch those , they are difficult to spot.

Both days were long, but they went fast. When you are looking for things, there is nothing better than finding them ! I had fun but my neck hurts . I stopped at 7:30 tonight so I could look through the XF-AU Morgan box before the masses get to it tomorrow Two Top 100 coins in there (marked 18.00 on the box...we'll see ). I have an envelope that is filling up with coins . Life Is Good.

I 'll post on this again at the end of the week if there is any interest , and if there isn't...I will anyway

I will try and get some pics of the guys at the shop and the coins of course and post them before this ordeal is done.

You all have a Great day tomorrow, I know I will !
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ceaton's Avatar
United States
1179 Posts
 Posted 03/05/2008  11:41 pm  Show Profile   Bookmark this reply Add ceaton to your friends list Get a Link to this Reply
Sounds like you are having a blast. I know I would being surrounded by coins. I'd spend more money then I would make in a 8 hour day though. Having that job would force me to get a 3rd job to support job #2, get it?

Anyways, its fun to hear about your finds and whats going on behind the scenes. Keep the updates coming :)
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MorganNoob's Avatar
United States
533 Posts
 Posted 03/06/2008  12:41 am  Show Profile   Bookmark this reply Add MorganNoob to your friends list Get a Link to this Reply
I think that if I had this job, it would be like... well I'll just give you a real life example...

Once, I was in the mall with my mom and my sister. We went into the jewlery story for whatever reason, and within about 10 min the guy had offered my sister a job. My sister said "no thanks, I would probably end up oweing you money at the end of every month..."

And well, that is what would happen to me if I was in a coin/bullion shop.

On a side note, What price (in relation to spot) do they buy silver bullion at there?
Edited by MorganNoob
03/06/2008 12:41 am
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j_h_s's Avatar
United States
1934 Posts
 Posted 03/06/2008  04:01 am  Show Profile   Bookmark this reply Add j_h_s to your friends list Get a Link to this Reply
ALL THOSE COINS !! (so little time)

Thanks for the post, Infinite. I'm interested in your report.

Jim
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SeatedNut's Avatar
United States
2797 Posts
 Posted 03/06/2008  08:07 am  Show Profile   Bookmark this reply Add SeatedNut to your friends list Get a Link to this Reply
You're living the dream Infinite ... keep us posted!
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eaglefoot's Avatar
United States
6326 Posts
 Posted 03/06/2008  08:30 am  Show Profile   Bookmark this reply Add eaglefoot to your friends list Get a Link to this Reply
InfinateInterest.......
Most of us are jealous ! The only coins we can do that with are our own !
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jbuck's Avatar
United States
187702 Posts
 Posted 03/06/2008  11:24 am  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
Wow! Sounds like a lot of fun.

I'd probably trade my "time" for store credit and end up in MorganNoob's worst nightmare: owing them money! Reminds me of the Blues Brothers, where they ended up drinking more beer than they were being paid to play.
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Morgan-Man's Avatar
United States
12 Posts
 Posted 03/06/2008  3:06 pm  Show Profile   Bookmark this reply Add Morgan-Man to your friends list Get a Link to this Reply
I work at a shop too and we don't have enough people coming in selling yet. I am hoping that it picks up soon though. Good luck
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BadThad's Avatar
United States
19935 Posts
 Posted 03/06/2008  4:11 pm  Show Profile   Bookmark this reply Add BadThad to your friends list Get a Link to this Reply
Great story! I visit my local shop often, he recently hired a young 20's kid who I talk to. He said he buys more than he gets paid so he actually has to pay the owner to work there.
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Lucky_13's Avatar
United States
749 Posts
 Posted 03/06/2008  4:56 pm  Show Profile   Bookmark this reply Add Lucky_13 to your friends list Get a Link to this Reply
That would totally be me
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gussyboy1's Avatar
United States
174 Posts
 Posted 03/06/2008  7:07 pm  Show Profile   Bookmark this reply Add gussyboy1 to your friends list Get a Link to this Reply
One word-----"Bengay"-- for the neck! Enjoy!
My mom wanted to open a quilter's shoppe in the 70's--after a few years she said,"It's not fun anymore!"

Gussyboy1
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InfiniteInterest's Avatar
United States
673 Posts
 Posted 03/06/2008  9:56 pm  Show Profile   Bookmark this reply Add InfiniteInterest to your friends list Get a Link to this Reply
Thanks gussyboy, I might just get some of that Bengay ! I do drywall and plaster for a living usually, looking up at a ceiling all day can make your neck sore. Looking down all day can also apparently make your neck sore. I am sure I'll get more used to it with a little time.

I am not trading my time for credit, he insisted on paying me even when I mentioned I would do it for free I do have an envelope that has about 10 coins in it thus far... but they won't exceed my wages....yet ! Since I do some side work in my trade, I am not to worried about the money I make there- I can make up for it if I need to.

Saw some nice stuff today... I'll try to post Saturday evening about the rest of the week. If things go right, I will not have a paycheck this week...or next. But the coin that will take the rest of these checks is very, very nice.....stay tuned !
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CoinHunter53562's Avatar
United States
2049 Posts
 Posted 03/06/2008  10:44 pm  Show Profile   Bookmark this reply Add CoinHunter53562 to your friends list Get a Link to this Reply
Wow sounds like you landed a really cool gig and I am jealous. You are going to learn alot and see tons of coins that you might not see otherwise. That's pretty cool so I am going to say enjoy it and soak in as much knowledge as you can. By the way, where are you located (city or state is fine but if you want to tell us what coin shop it is, thats up to you).
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United States
619 Posts
 Posted 03/07/2008  03:49 am  Show Profile   Bookmark this reply Add deadmunny to your friends list Get a Link to this Reply
Looking forward to your next report. Even if you summarize highlights of the entire week in one report, that would be great. Thanks for sharing.
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Rainman's Avatar
United States
294 Posts
 Posted 03/07/2008  05:42 am  Show Profile   Bookmark this reply Add Rainman to your friends list Get a Link to this Reply
InfiniteInterest profile says Ohio .I live in Cincinnati nice to have a fellow Ohioan on here .Man after reading your post I'm ready to get a side job at a coin shop.

Seeking More Info.

Rainman
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CoinHunter53562's Avatar
United States
2049 Posts
 Posted 03/07/2008  09:05 am  Show Profile   Bookmark this reply Add CoinHunter53562 to your friends list Get a Link to this Reply
quote:
InfiniteInterest profile says Ohio .I live in Cincinnati nice to have a fellow Ohioan on here .Man after reading your post I'm ready to get a side job at a coin shop.


Yeah no kidding! There are two that are two blocks away from me. One does mainly jewelry (no interest for me) with about 25% of the store for coins. The store right across the street from it does coins, stamps and medieval art. Unfortunately with my work schedule, I get done at 6pm and that is after they close.
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