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My Dealer And The 2008 American Eagle Error

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photoeric21's Avatar
United States
206 Posts
 Posted 05/23/2008  1:34 pm Show Profile   Bookmark this topic Add photoeric21 to your friends list Get a Link to this Message Number of Subscribers
Hey guys-

Here's a perfect example of why getting to know your local coin dealer is a good idea.

I just stopped by his shop on my lunch break and saw that he had two 2008 Silver American Eagles in his case. I asked to take a look at them and noticed that one of them had the 2007 reverse error. However, the person who put it in the case and priced it didn't catch on to the error (tough to see, but I go by the shape of the 'U'). The price of the error coin was 32.95.

I thought about just buying it and not saying anything, but this guy is always good to me and really puts in the extra time and effort to know the names of all his customers and take care of them.

So I called him over and pointed out the overlooked error.

Long story short he sold me the error coin and the normal 2008 "W" for 100 bucks straight.

I told him he didn't have to do that but he said I could have walked out of there with the error coin for 32 bucks, so as far as he's concerned he's still making money.

I definitely pays to have a good relationship with your local coin shop.
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chrsb's Avatar
United States
936 Posts
 Posted 05/23/2008  1:40 pm  Show Profile   Bookmark this reply Add chrsb to your friends list Get a Link to this Reply
Its all about the karma, I think that is great of you to be honest and let him know.
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jbuck's Avatar
United States
187702 Posts
 Posted 05/23/2008  2:15 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
Good call. You will probably be rewarded for many years!
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Chaotech's Avatar
United States
99 Posts
 Posted 05/23/2008  8:44 pm  Show Profile   Bookmark this reply Add Chaotech to your friends list Get a Link to this Reply
If only we could replace every Dealer in the world with you... :)
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Bronxman95's Avatar
United States
178 Posts
 Posted 05/23/2008  9:19 pm  Show Profile   Bookmark this reply Add Bronxman95 to your friends list Get a Link to this Reply
Only 800 bucks on HSN
Valued Member
United States
429 Posts
 Posted 05/24/2008  9:51 pm  Show Profile   Bookmark this reply Add penny pincher to your friends list Get a Link to this Reply
This is also why I love my local dealer as well. If I bring the kids or wife in they always give me a discount or a free coin. My kids always make off the best with a free coin each (only about $1 a piece) which makes them want to come back more often. If I show up with my wife they seem to give me about a 10% discount, so next time I will have to remember what she is wearing and have hew wear that every time, lol.
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