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Replies: 34 / Views: 4,393 |
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Valued Member
United States
87 Posts |
A club that is 45 minutes away has a small coin show this coming weekend. Any pointers on how to go about it? There will be local dealers and enthusiasts. Should I bring my lists of what I need for my books? Do I need a Red Book? I am so excited!
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Moderator
 United States
56855 Posts |
Type first coin show in search box,upper left of page. Take your list,and loupe. RB prices are way to high to go with.Do your price check with ebay sold values and http://www.numismedia.com/rarecoinp...s/fmv.shtml.Do a walk through first,check out all the tables before you buy anything. Then go back to what caught your eye. Be polite,some dealers just are not friendly. And of course,have fun. John1 
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Pillar of the Community
United States
1314 Posts |
Wear comfortable shoes. Take a friend. And have fun.
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Valued Member
United States
338 Posts |
In response to that some dealers are not friendly; this is a customer service business, why is it that some coin dealers have an opposite attitude and do you find those staying in business?
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CCF Advertiser
United States
1533 Posts |
There are some dealers that just sell to other dealers and some that sell to just collectors at high retail. If you are not their type of customer, they may not be friendly. You quickly learn who to just skip over when visiting a show.
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Pillar of the Community
United States
1609 Posts |
My first and foremost tip: Do NOT buy from the big companies, if any, that are there. They always try to take advantage of noobies. 2: NEVER buy Indian head pennies. Almost Always overpriced and overgraded.
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Pillar of the Community
Canada
5239 Posts |
Quote: In response to that some dealers are not friendly; this is a customer service business, why is it that some coin dealers have an opposite attitude and do you find those staying in business? This is a great mystery to me. In my experience coin dealers are more customer oriented now than 30 years ago, so possibly those are old attitudes that are disappearing slowly. Possibly they are catering to a different clientele so they can get away with ignoring the newbie or the person who seems like they have little money. In our local coin show, it is so small there is no place for the unfriendly ones.
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Rest in Peace
United States
17900 Posts |
Take your want list. Indicate what grades you are looking for. List ebay closed prices for those grade coins so you have an immediate in-hand reference. The more money you spend for items not on your want list, the less money you have for your want list. Buying "neat stuff" can be great fun, but that often leads to an accumulation, rather than a collection.
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Rest in Peace
United States
7075 Posts |
A lot of good advice has already been posted.
I will add -- know where your cash is all the time and pay attention to the people around you. Pickpockets love shows where it is common to 'bump' into someone.
If you're not used to haggling over the price of a coin, then consider this a practice run.
Have fun and let us know how it goes.
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Valued Member
 United States
87 Posts |
John 1, I thoroughly understand that a hobby is different than a business and expect a mark up. However, when I go through the "cherry picker" bins and bargain bins and find something different, is using ebay sold the easiest way or is it ok to ask the dealer. I don't want to be rude and look everything up online but I don't want to be stupid either. Thanks!
Edited by mnknight77 03/21/2017 5:36 pm
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Valued Member
 United States
87 Posts |
Is it rude to ask a friendly dealer to look at some coins and have them spot grade them?
How do you find out if someone would buy a coin from you?
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Pillar of the Community
 United States
1949 Posts |
Quote: My first and foremost tip: Do NOT buy from the big companies, if any, that are there. They always try to take advantage of noobies. 2: NEVER buy Indian head pennies. Almost Always overpriced and overgraded. Those are some pretty broad generalities... You may pay high retail in dealing with the big companies, but you can be certain what they are selling is what they say it is...? My recommendation would be cash is king at shows, and make sure you bring enough for what you are planning on buying... Quote: How do you find out if someone would buy a coin from you? Simply go up to the table and ask the dealer if they are buying... Many will ask you what you are looking for price wise for the piece, so go into the show knowing what you would be happy with for any piece you are trying to sell...
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Moderator
 United States
188048 Posts |
Quote: Should I bring my lists of what I need for my books? Yes, absolutely. You do not need to bring a Red Book if you know what you want. I recommend NumisMedia if you want pricing information. I access it from my smartphone, but if you do not want to worry about that you can easily look add the prices to your want lists. In my experience, most dealers at coin shows are friendly. Some can be almost too friendly at times (think used car salesperson), but for the most part they are very cordial. In my case, I could say it is southern hospitality. 
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Moderator
 United States
188048 Posts |
Quote: You may pay high retail in dealing with the big companies, but you can be certain what they are selling is what they say it is...? Quote: My recommendation would be cash is king at shows, and make sure you bring enough for what you are planning on buying... I agree with both statements. 
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Bedrock of the Community
United States
19937 Posts |
1) Bring CDN Gray Sheet. (It's what they use) 2) Bring CASH
Lincoln Cent Lover!VERDI-CARE™ INVENTOR https://verdi.care/
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Bedrock of the Community
United States
94367 Posts |
Actually, being your first show, leave your wallet at home. I'm serious. Just look and learn. 
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Replies: 34 / Views: 4,393 |