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Who All On The Forum Works Or Has Worked In A Coin Store?

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Pillar of the Community
DNA's Avatar
United States
2734 Posts
 Posted 06/30/2009  11:01 am  Show Profile   Bookmark this reply Add DNA to your friends list Get a Link to this Reply
Another 'pet peeve' for a dealer would be when a customer
says that you overgraded a coin.

Example: The dealer grades a weakly struck Peace dollar
as "XF-40". A customer accused them of overgrading the
coin. The dealer sends it to NGC, it comes back "XF-45".
The customer then said that NGC overgraded the coin, too!

I see this slabbed coin, and I say "That's not very good
looking for XF-45, what a weak strike!"

The dealer said "At least you know what a weak strike is!"
and then he told me the above...
Bedrock of the Community
United States
20753 Posts
 Posted 06/30/2009  4:24 pm  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply
I'd never want to work in a coin store or any store that buys and sells anything to the public. When I was a kid I worked in a grocery store and that was enough. Dealing with people all day must make a person a little nuts since so many of them are nuts.
Rest in Peace
pls's Avatar
United States
1729 Posts
 Posted 06/30/2009  6:37 pm  Show Profile   Bookmark this reply Add pls to your friends list Get a Link to this Reply
I can just see eaglefoot trying to charge a premium for rare steaks ...
Pillar of the Community
DNA's Avatar
United States
2734 Posts
 Posted 07/01/2009  11:09 am  Show Profile   Bookmark this reply Add DNA to your friends list Get a Link to this Reply
A raw steak is "MS" (moo state), rare is "AU", medium rare is "VF", well done is "VG" and they go down to "AG" (overcooked).
Pillar of the Community
nod2003's Avatar
United States
3294 Posts
 Posted 07/01/2009  11:20 am  Show Profile   Bookmark this reply Add nod2003 to your friends list Get a Link to this Reply
mmmm Kobe beef.
Pillar of the Community
eaglefoot's Avatar
United States
6326 Posts
 Posted 07/01/2009  11:52 am  Show Profile   Bookmark this reply Add eaglefoot to your friends list Get a Link to this Reply


"ME" working there, "steak restaurant", would never involve "aftermarket sales".....it wouldn't get that far !
Just like how I've never sold a coin in my life....I would never sell a steak either !.....it's for my own consumption !
Working there would just involve me eating my own salary !
Rarer MS varieties would go great with horseradish and red wines....
AU's would go great with ice tea....... and so on and so forth ! ....

How could I ever "sell something" that I want for myself ? (even if my own livelihood depended on it, the temptation would be far too great !)
Edited by eaglefoot
07/01/2009 11:53 am
Valued Member
United States
110 Posts
 Posted 07/01/2009  1:47 pm  Show Profile   Bookmark this reply Add Griffin Coins to your friends list Get a Link to this Reply
I've worked at a few stores, and by far, the best ones are the ones that are store fronts for dealers who mostly sell through the mail/internet. Walk-in sales and purchases aren't too common, and they are generally handled by the owner. Also good if he only purchases by appontment. My best coin job was working in the back of one of these establishments, and my main job responsibilities were to catalog new purchases, pull coins for orders, and sorting of his inventory boxes. I also was lucky enough to drive to his bullion dealer when he needed to replenish his stock. He did some foreign exchange as well, but most of it was through certain dealers who took everything, but could only really work with the major currencies. He somehow came a cross a HUGE amount or Turks & Caicos currency, and made a deal that not only made him money, but allowed him to send one of the other employees (still bitter it wasn't me) to Grand Turk island for a week vacation, flight and room paid for, without hurting his profit margin. Coin stores can be a fun place to work, but especailly if walk ins are low in quantity.
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