Best Way To Buy Coins - Page 2 - Coin Community Forum

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just carl Bedrock of the Community United States 20753 Posts	Posted 06/20/2008 2:21 pm 1. Coin shows. You can see what your buying. Make deals by haggling the prices. Get to know dealers personally. 2. Flea markets if there are coin dealers present. Basically the same reasons as a coin show. 3. Garage/yard/estate sales. Not estate auctions. Similar to coin shows where you can see the coins if there. Many don't know what they have. 4. Coin stores or hobby shops. 5. On line reputable dealers 6 Places like ebay but that is the last place anyone should go with. Report this Post to the Staff
jbuck Moderator United States 188660 Posts	Posted 06/20/2008 5:50 pm Quote: 2. Flea markets if there are coin dealers present. Basically the same reasons as a coin show. After one of the local dealers was muscled out of his location (eminent domain abuse), he became semi-retired and set-up shop at a flea market. It worked out better for him in the end since he had more "walk-ins" than normal. Location, location, location! Coin Collector Since 1978 Avatar Old Avatar 7070 Eisenhower Australia Canada World CCF Members on eBay CCF eBay Search Engine Report this Post to the Staff
TLS5933 Pillar of the Community United States 1703 Posts	Posted 06/20/2008 6:31 pm I have purchased hundreds of coins on ebay.Some expensive,some cheap and I have never had any issues yet. I have returned a total of two coins. The secret of buying off ebay is DO YOUR HOMEWORK. Make sure the seller has excellent feedback and return policy and that they take clear accurate pictures. Don't take the sellers word for the grade of a raw coin. Grade for yourself and only bid what you feel its worth. Try not to get into a bidding war as this is what drives the prices up on ebay. Honestly, a local dealer cannot compete with ebay. My local dealer (and we only have one) may have a total of 2000 coins at any one time. ebay will have 50k to 100k at any one time. Your selection and choice is so much larger on any type coin. If I'm looking for a specific coin,I want more that one or two choices. ebay gives me that. Yes, there's some shady dealers and counterfeit coins on ebay but if your an informed buyer you can avoid these sellers.You can be taken by a local dealer just as well as you can online. Report this Post to the Staff
1954siel Valued Member United States 77 Posts	Posted 06/21/2008 2:07 pm Id have to say ebay. Or a shop in your town where your a regular Report this Post to the Staff
BadThad Bedrock of the Community United States 19952 Posts	Posted 06/21/2008 2:53 pm I can tell you ebay generally sucks for Lincoln's. I bid there regularly based on my best estimate of grade from the crappy pictures and CDN price lists. Lincoln's always go for more than CDN! If so many people are willing to over pay, then I cannot compete. I'll stick to my local dealer and coin shows for the fairest price and it allows me to grade the coin in hand. Lincoln Cent Lover! VERDI-CARE™ INVENTOR https://verdi.care/ Report this Post to the Staff
numismaniac64 Valued Member United States 61 Posts	Posted 06/23/2008 9:38 pm Hey Gundoc! I'm in the service also. Currently in the Apache course. Being a rookie myself in numismatics, I've found a very cheap way to kill some time and get a few good coins. I coin roll hunt pennies. a box is $25 and you can come across some interesting finds. So far I found 4 2000 wide AMs and a 1999D DDO! Also you can expect to find at least 5-10 wheat pennies per box. Think of it this way, if you find something good, keep it and put it in your collection. If you go through 2500 pennies and find no keepers....YOU STILL HAVE $25!! You can also go for quarter dime and half dollar rolls and score some silver but it's a little more on the pricey side. But, I'm sure you will have a few dollars burning a hole in your pocket when you come back to the states. Hope that helps. Report this Post to the Staff
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