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Are Coins Show A Good Place To Buy Paper Currency/Coins ?

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New Member

United States
12 Posts
 Posted 08/05/2019  6:14 pm Show Profile   Bookmark this topic Add kyp1891 to your friends list Get a Link to this Message Number of Subscribers
I went to some small and big coins shows. I found most of the dealers sell their coins/currency are overpriced compare to ebay. Yet some ebay sellers do also ask for higher price, but there are lots of sellers carry a good deal. What do you guys think ? Did you get a any deal better than ebay ? Thanks for all replies
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T-BOP's Avatar
United States
18456 Posts
 Posted 08/05/2019  6:39 pm  Show Profile   Bookmark this reply Add T-BOP to your friends list Get a Link to this Reply
Of cause . The thing is every dealer at the show who sells coins and currency will start with high prices because they know people will chew them down .But they will take their original asking price if the customer doesn't talk up . If you really like or need a coin or bill make them a fair offer that your willing to pay . 8 times out of 10 they will accept it . Also talking to and friendliness towards the dealer does help .
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Coinfrog's Avatar
United States
94367 Posts
 Posted 08/05/2019  6:42 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
Can't generalize on this - too many factors at play, very complicated subject. There are both higher-priced and more reasonable dealers at shows, shops and auction sites. I buy from all sources. It's easiest to buy on ebay because you can make an impersonal offer (whether they have that option or not) - you never know when a dealer might need money. ebay is also appealing because you can choose to buy only from dealers who offer return privileges, something you may not have when you buy in hand. I only buy raw notes on ebay from two trusted dealers - otherwise I stick to TPG notes only. Buying on ebay also gives you plenty of time to check valuation resources like Heritage's data base. The whole buying experience continues to shift toward on-line auctions in one form or another.
Edited by Coinfrog
08/05/2019 6:44 pm
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silverwolf's Avatar
Canada
3733 Posts
 Posted 08/05/2019  7:24 pm  Show Profile   Bookmark this reply Add silverwolf to your friends list Get a Link to this Reply
Most dealers , either online or at coin shows, will usually work with a serious buyer. If you try to lowball a dealer, than negotiations will usually end there...On ebay same thing, if you see something you really want, try sending an offer, a little under what you would like to pay, if your offer gets declined without any negotiation from the seller, time to move on.. some dealers have more room to negotiate, and some will take a little less if they have had the items for a long period of time..

It all comes down to how you handle the negotiations.. you can always start with , what is the best price you can do for me on this item, see what the dealer says, and if they come back to the price you were hoping for, then great.If it is still to high, maybe suggest. I was thinking about this amount..

Every dealer I know will negotiate, it's all about how you go about it..
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moxking's Avatar
United States
17900 Posts
 Posted 08/05/2019  7:36 pm  Show Profile   Bookmark this reply Add moxking to your friends list Get a Link to this Reply
If you want good prices at a show, wait until a dealer has no other customers to attend to, and ask questions. The best dealers love to teach.

You may find that what you learn is much more valuable than saving a couple bucks in ebay land.
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Coinfrog's Avatar
United States
94367 Posts
 Posted 08/05/2019  8:03 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
Choose your poison - there's simply no substitute for knowledge and experience.
Edited by Coinfrog
08/05/2019 8:05 pm
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joecoin's Avatar
United States
789 Posts
 Posted 08/05/2019  9:01 pm  Show Profile   Bookmark this reply Add joecoin to your friends list Get a Link to this Reply
To answer your titular question; a GOOD coin show is the best place to buy coins and paper money.


Also remember, a wise man once said, there is no Santa Claus in numismatics.
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WheatBack's Avatar
United States
2850 Posts
 Posted 08/06/2019  08:09 am  Show Profile   Bookmark this reply Add WheatBack to your friends list Get a Link to this Reply
I've gotten the best deals from coin dealers that don't really deal with currency. A lot of times they'll pick up some from a big coin collection they've bought and the currency comes along for the ride. They will either pay very little for it or have no idea what it's worth and have it underpriced.

The opposite also happens too. The dealer may know very little and have it priced through the roof.

The most consistent and best pricing I've seen on currency at shows are those that have 95% currency in their cases. These folks you can haggle with, especially if they get to know you and you're a return customer.
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SteveInTampa's Avatar
United States
4637 Posts
 Posted 08/06/2019  09:51 am  Show Profile   Bookmark this reply Add SteveInTampa to your friends list Get a Link to this Reply
It may surprise some of you to know that a lot of the larger dealers look forward to attending and setting up a table at some of the large shows primarily to BUY currency & coins. Next time you're at a large show take notice of all of the attendees with a small suitcase rolling behind them.

Buying at shows is advantageous if you know how to grade and look at a lot of raw material. It's hard to attend and NOT come away with something.
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Coinfrog's Avatar
United States
94367 Posts
 Posted 08/06/2019  5:51 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
I won't go to a show without some kind of bankroll, and I'll admit to having a hankering to buy.
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Kopper Ken's Avatar
United States
3402 Posts
 Posted 08/08/2019  10:20 am  Show Profile   Bookmark this reply Add Kopper Ken to your friends list Get a Link to this Reply
Know the pricing of material that interests you and get an understanding of current auction sales. Buy the book/guide before the coin.

KK
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