What Really Annoys You About Buying / Selling Coins?

the biggest thing that bugs me is. When I go into a coin shop and the dealer acts like his time is far more infortant then helping me and then if you ask for lower graded coin he make exuses why there are not out or just say they are not avalible at this time. so I guess it is when a dealer will not help me when he knows I am not planing on spend much money.

I can't share about selling sice I have only sold a few coins on ebay never to a dealer.

The only thing that annoys me when prospecting a coin for purchase is someone who is dishonest and claims that the coin is more than it is. I've been quite fortunate to have dealt with honest individuals.

There are two rules that I can suggest for you when you visit a dealer. 1) Have money in your pocket 2) Show a little knowledge but, don't try to say or do more than you know. You'll get caught everytime.

Suggestions: Ask questions

What to look for: Someone who represents their coins over valued and doesn't explain why. Most dealers will explain if a coin seems to be priced higher than book or lower for that matter. They may even negotiate with you if you see something about the coin that may reduce it's value in your eyes. For example: I just purchased a slew of Proof coins. One of them just didn't have the color that a proof should show. The dealer reduced the price for me a little and I purchased the coin.

There's nothing wrong with saying "I'll think about it" but, if you do be aware that the coin may be sold when you return.

Again, just try not to oversell yourself and what you know already. A little knowledge can go a long way with a dealer. Build a rapport with the dealer and keep returning. Even if you don't buy the first couple of times.....keep returning........keep looking and also let the dealer know what you're interesting in. It's amazing what they keep behind the counters.

I hope that this helps and I know that others can and will add to this. They may even disagree and that's ok. You can learn from all of our mistakes as well as our successes - also of your own.

I generally do not and will not purchase coins on-line. I prefer looking at a coin for myself first. I have had a few, very few, exceptions of this and have however, been completely satisfied. Again, others are more experienced in on-line purchases that I am.

Most of all - Do your homework and then have FUN!!!!!! This should reduce the annoyances from the dealer and for you.

I personally don't mind if a coin is overvalued or undervalued. What is more important is if the seller himself is able to guarantee authenticity. But with the mad influx of high quality counterfeited coins, I am starting to be quite weary of waht is going on.

Selling fortunately for me is somewhat a pleasant suprise, but otherwise it could have been a lot worse at times.

Buying coins is no hassle for me - I believe very strongly in the caveat emptor concept, so if I buy wrong, it's on me.

Selling, on the other hand, purely infuriates me. I sell excellent coins, with great pics and honest descriptions and grading, on ebay. I get my butt kicked by the shysters who picture an AU and describe an MS67, and get MS62 prices for it. My avatar coin, a solid PL (maybe DMPL) MS64, brought $40.

I've about had it with selling raw Morgans.

What really annoys me are the seller's that take their own coins, slab it in their own plastic (gold tape is optional), and then sell it with no shame as a MS70 or PR70 "certified" coin!

My next gripe goes both ways...I look at a coin and I think it is a MS63. The dealer thinks it is a MS65.

I look to sell that very same coin back to the dealer (as time has passed) and the dealer tells me it is a MS63 and I tell him it was 'his' MS65 coin! Makes you want to scream!

My last gripe. At shows, some dealers REALLY need to take a course on "How to Win Friends and Influence People". Many will not even give you the time of day or they will simply grunt at you.

...until you take out a wad of cash. NEVER-EVER buy the first coin you see at a coin show. Walk the show first, make notes, take into consideration those dealers that grunt at you and then return to buy/sell. That's what I do!

That there is not a store near me worth a darn!(That Goes For Buying And Selling) With the exception of flea markets

99% of coin dealers in my opinion are about as credible as used car salesmen and politicians.Many dont even like coins except as a profit vehicle, let alone people!

I'm glad that I've always been connected with that 1%! I check them out for weeks before I make my first purchase. I watch the turnover of inventory, the other buyers. Basically, I do a great deal of homework before I walk into a store and while I'm there. My dealer is very fair, very knowledgable and is now my friend. He's never steered me wrong and will give me a better "deal" if I see something that is not acceptable in my personal collection. He will also hold coins back if he thinks that I'll be interested on my next visit. He isn't pushy at all and makes my visits pure joy. That 1% is a wonderful experience.