| Author |
 Replies: 8 / Views: 1,523 |
|
|
Valued Member
United States
420 Posts |
Hello, First off thank you to everyone for putting up with my compulsiveness (is that a word?) I'm close to figuring out and fixing my inventory problem, which makes me feel a lot better. Also, I figured out my photo/website hosting issues and once I get that finished the CCF community will be the first to know. My new site is dedicated to my hobby of coin collecting, it is nothing elaborate or special but just a way to spread my knowledge, what little I have. Anyway, I have a question and that is when buying from a dealer at a coin show is it appropriate to ask for a receipt or an itemized receipt if buying more than one item? I asked for a receipt when I bought my first ASE this last weekend and the dealer was happy to do it. I figure this way I won't run into anymore problems if I don't have time to update my inventory and then when I finally do the price paid is right there. Any thoughts? Thanks, Rich |
|
|
|
Bedrock of the Community
United States
20753 Posts |
Really depends on the dealer. I go to lots of coin shows and seldom ever offered a receipt. I've never asked for one either since I don't save receipts of coins. Just can't see accumulating a pile of paper for each coin. After a few thousand coins you'll have a really great pile of paper. Of course if you have a fire place in your home, could use to as a fire starter. I've noticed that dealers that have or work in a coin store automatically start making a receipt and even if I say I don't want one, they continue. I just walk away leaving it there. I guess for tax purposes they have to. Many dealers that are simply there as a temporary dealer usually don't even have anything to make a receipt with.
|
|
Moderator
 United States
187950 Posts |
You are welcome, Rich!  As for the receipt, I agree with Carl; it depends on the dealer. Most of the dealers I visit (at coin shows) hand me their adding machine tape as a receipt; probably so they do not have to worry about keeping a trash can nearby. Very rarely have I seen anyone hand out a proper receipt (itemized and on company letterhead) at a coin show. It does happen though. All of the (brick and mortar) coin shops I have been to give proper receipts. It is probably a requirement of their retail license, or possibly keeps them in the good graces of the Better Business Bureau. |
|
Valued Member
 United States
420 Posts |
Hello,
Thanks, my only other option is to get in the habit of writing things down myself, carrying a notebook around with me, that actually might make me even look cool. I do not save the receipts as soon as the coin is in my inventory the receipt goes in my trash can because it is no longer needed.
Thanks,
Rich
|
|
Bedrock of the Community
United States
19935 Posts |
Another vote....it depends on the dealer. 99.9% of coin dealers like dealing with cash and no receipt. Personally, that's how I like it too.
Lincoln Cent Lover!VERDI-CARE™ INVENTOR https://verdi.care/
|
|
Pillar of the Community
United States
1801 Posts |
I have started to always ask for a receipt when I buy a valuable coin. Not so concerned on a bulk silver or roll of wheaties but for individual coins costing $50 or more I want a receipt so I know where I bought it and when and how much. My dream is to eventually scan all the receipts I have and match them to the coins in my digital file.
|
|
Valued Member
United States
292 Posts |
I use the little notebook method. I have the list of coins I'm looking for and record the price when I get one. No bother to the dealer that way and I satisfy my own "requirements". (I still use a business ledger for keeping my records instead of the computer...antiquated but comfortable for me)
|
|
Pillar of the Community
Philippines
1156 Posts |
It depends on the coin, only when the coin is very special would I ask for a receipt for it, the receipt works as a traceable document and becomes part of the coin's history, adds a little bit more of documentation to the coin's travel through the years.
|
|
Bedrock of the Community
United States
20753 Posts |
Quote:
It depends on the coin, only when the coin is very special would I ask for a receipt for it, the receipt works as a traceable document and becomes part of the coin's history, adds a little bit more of documentation to the coin's travel through the years.
Usually a thing for someone starting out or only into this hobby for a short time. Imagine doing that for about 50 or 60 years. Usually this system means the paper is larger than the coin and you end up with tons and tons of paper. Might be nice for a receipt collector but receipts get real old after a long time in this hobby. And if you don't sell any coins, what is the purpose of those receipts? |
| |
Replies: 8 / Views: 1,523 |
|
Posted 02/02/2010 11:44 am
