Ever Hear The Story About A Collection Being Passed Down ... - Page 2

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Author	Replies: 21 / Views: 3,192	Page: of 2

oriole Pillar of the Community Canada 5246 Posts	Posted 10/19/2016 2:13 pm I am lucky in that I have a good relationship with my LCS, and when a collection comes in, and is bought, I can often look at it right away. Report this Post to the Staff
hoosiergator Valued Member 204 Posts	Posted 10/21/2016 6:59 pm Most of the stories I hear that open up that way are stories that are sad and/or depressing. Report this Post to the Staff
GR58 Bedrock of the Community United States 11951 Posts	Posted 10/21/2016 7:03 pm I did not mind it I ended up with 5 Morgan's from that collection. Report this Post to the Staff
Debrajc Pillar of the Community United States 4211 Posts	Posted 10/21/2016 8:11 pm I'm glad some of them made it home with you GR58! Congrats on the new additions Report this Post to the Staff
Joe2007 Pillar of the Community United States 3843 Posts	Posted 10/21/2016 10:32 pm GR58, Do the sellers that sell to the shop that you work for do much research on their numismatic inheritances? While shopping in local shops over the years I've seen a few numismatic inheritances being peddled, in one instance it was very clear that the people had no interest in the collection and wanted it gone as fast as possible and that they had stopped at the closest shop listed in the yellowpages and had done zero research. Report this Post to the Staff
GR58 Bedrock of the Community United States 11951 Posts	Posted 10/21/2016 11:47 pm Thanks Debra .... ----------------------- Joe ... from what I have seen the last several years. Most don't do any research. Some will sort coins. Like put wheat cents into envelope or baggies by year. Some will make a inventory of every coin, with prices they looked up online. Of course most have no idea of grading. So prices are often from the right side of the price guide .. but when we see the coins ..they should be looking at prices from the left sided. Sometimes it is a older wife, who ends up with her passed husbands collection. We had that today. Has a lot of coins. She would bring some in, ask about what their worth. Take those coins to the car and bring in more. Many of the coins she has, the value are tied to silver or gold prices. She was torn over whether to sell now .. or wait for prices to go up. Then worried prices will go down. Very hard for us, with customers like this. We would not want to tell her what she should do. We would not want to tell her the price will go up or down ... She did not sell today ... but she will be back. Report this Post to the Staff
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