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 Replies: 22 / Views: 2,490 |
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Pillar of the Community
United States
528 Posts |
Poll Question
I was just wondering who all has worked or works in a coin store. I was offered a job in the store that I work at because I spent so much time in it. I started on ebay and now do a lot of buying and selling. So lets see who else works at coin stores.
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Pillar of the Community
United States
608 Posts |
I never worked in a coin store, but would take a part time job tomorrow if I had the chance.
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Moderator
 United States
187702 Posts |
I have never worked in a coin store. I would be tempted if offered a chance to work part-time, just for the exposure to many different coins that I otherwise would never have had a chance to handle.
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Valued Member
United States
278 Posts |
 I wish I could find a non-coin 4 day 10 hr job and a 2 day 4 hour coin job. |
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Pillar of the Community
United States
2734 Posts |
You would have to deal with people trying to sell you common coins that they think are worth big money: "I found a 1957 Cent on the sidewalk, I'm rich now!" "But these State Quarters are gold plated!""Check out my MS-67 Morgan" (slabbed by SGS or the like) |
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Moderator
United States
23731 Posts |
I never worked in a coin store, but if I did I would probably spend my pay checks on coins.
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Moderator
United States
187702 Posts |
For an experience like that, you take the good with the bad.  |
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Valued Member
United States
245 Posts |
"You would have to deal with people trying to sell you common coins that they think are worth big money:"
I seen this first hand the other day at a coin shop and it isn't a pretty site. With the internet people can find out if a coin is worth anything. Most people under 50 never seen half the coins that are very common too a collector.
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Bedrock of the Community
United States
10284 Posts |
I never worked in a coin shop, but sold many coins in my own Antique shop and have been a dealer selling at coin shows with a table or two on a few occasions. I have been a dealer working the floor in a couple co-op malls where some of the dealers had a good number of coins, but I never was alone in a shop behind the counter exclusively selling coins. Once in awhile, I could pick over the underpriced in Antique shops, but find they are often overpriced and/or misgraded by dealers.
Edited by TNG
06/29/2009 12:12 pm
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Pillar of the Community
 United States
528 Posts |
DNA is right on. I feel so bad sometimes telling people their coins are worth nothing. They try and look them up in the Red Book and then get angry at the price I give them. So many coins are so common we have to pay a lot less then they are worth because it just sits in stock. |
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Pillar of the Community
United States
580 Posts |
It wouldn't bother me trying to explain things to people that have no clue, but if I had to have the same type of conversation several times a day, every day, all week long, I might go completely nutso. The most common kind of conversation, for example, would have to be telling someone that comes in with a "really really old silver dollar from 1921" that you can give them $11 to $12 for it based on current silver value. Then I would have to listen to them groan about how I would be ripping them off because I would turn around and sell it for $50, $100 or even more.
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Pillar of the Community
United States
6326 Posts |
Voted a resounding.... NO ......same reason I could never work at a good steak restaurant.
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Pillar of the Community
United States
528 Posts |
LOL
its not that bad. I only spend about 25% of my paycheck at the store.
(I think thats why he likes me working there)
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Pillar of the Community
United States
2734 Posts |
You see a lot of people trying to sell their coins if you're a frequent customer of coin shops. One local dealer (who sells tons of Morgans) seems to be 'plagued' with lots of people trying to sell them overgraded 'junk-slab' Morgans that they think are worth PCGS/NGC money!  This dealer won't sell Morgans in junk slabs, so even if they do buy one, they'll break it out and sell it raw. (another case of 'buy the coin, not the holder'!) They like customers like me, who buy silver dollars raw, know how to grade the coins themselves, and most importantly would have read the Greysheet (or at least the Blue Book) before trying to sell them anything!  |
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Pillar of the Community
Spain
1361 Posts |
I wouldn't want to work in a coin store, my salary will all go to the coins I see everyday especially if given an employees discount. |
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Moderator
Australia
16808 Posts |
I've done the occasional helping out with coin IDs, much like I do here on the forum. I don't get paid for this "work", except perhaps with a discount off my next purchase, so I wouldn't call it "working".
Don't say "infinitely" when you mean "very"; otherwise, you'll have no word left when you want to talk about something really infinite. - C. S. Lewis
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Replies: 22 / Views: 2,490 |
Posted 06/29/2009 11:30 am
