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 Replies: 20 / Views: 2,935 |
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Valued Member
United States
321 Posts |
Hey everyone, I'm a pretty fresh collector. My grandparents gave me a bunch of coins when I was 12 or so but just recently I became CONSUMED with studying, learning about, and buying coins. I am going to my first coin show tomorrow in Round Rock Texas, just north of Austin. What are the dos and donts of a coin show and what are some tips for getting the best experience out of the show? Also...I have an abundance of '64 Roosevelt dimes and Washington quarters (melt value ~$130) that I want to sell. But I've never sold a coin so what do I need to do to ensure a sale? Thanks guys, I really appreciate an answer! |
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New Member
United States
34 Posts |
Have fun! No one will bother (bug) you there, which is something I worried about going to my first one. You'll feel a little overwhelmed at first, but as you get comfortable you'll almost go crazy at all the beautiful coins! I cant wait for my next one. Take a list of what you're looking to buy (if you're looking to buy) and ask lots of questions. I'm sure you'll have no problem sell you silver there.
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Valued Member
 United States
321 Posts |
thanks for the tips!
So how exactly should I sell? just go up to some guy and say "want some coins?" lol
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Pillar of the Community
United States
1523 Posts |
The folks that buy silver will have signs out in most cases.Just look at them all and find the best prices.Also, carry a loop with you.It will be quite handy.
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Valued Member
United States
321 Posts |
ok cool thanks What ballpark prices should I expect for circulated '64 Roosevelt dimes and quarters? |
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Pillar of the Community
Australia
3831 Posts |
Might be better off selling to forum members as dealers usually only give you about 80-90% of melt value. So hold onto them but you are free to ask what they are willing to give you.
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Moderator
 United States
56855 Posts |
Selling silver right now you should get 10-12x face. Are there any errors or varieties in what you want to sell? John1  |
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Valued Member
United States
321 Posts |
nah there aren't any varieties.
if someone says "Ill buy them at melt" should I use the most up to the minute current value or the close of the day before. which, in this case, will be today's close.
Edited by mattbrowning7
04/09/2010 1:28 pm
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Pillar of the Community
Canada
3692 Posts |
Lol, a "loop"...:P it's "loupe"..
My advise would be to shop around before purchasing. You might get better deals if you buy a lot from one dealer, might not. Sometimes you'll see different silver prices within the same room, so look around.
I don't know about selling to random people. Dealers will pay a fee to set up their tables. But I've seen people trying to sell slabs to dealers. They get a lot of their stock from shows but I wouldn't expect anything large to pop out of their wallets.
Edited by Libertad
04/09/2010 3:18 pm
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Valued Member
United States
407 Posts |
Quote:
Lol, a "loop"...:P it's "loupe"..
I saw that too but didn't say anything. On the other hand... Quote:
My advise would be to shop around before purchasing. Lol, "My Advise...:P it's "My advice".. Sorry, couldn't help myself this time!  Steve |
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Pillar of the Community
Canada
3692 Posts |
Alright, then I change it to, "I advise you to shop around before purchasing." :D
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Valued Member
United States
407 Posts |
That would be correct. But make sure you type it big so I don't have to get out my loop to read it!
Steve
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Valued Member
United States
321 Posts |
Haha and thanks for the grammar and spelling.
Any other advice and tips?
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Pillar of the Community
United States
1523 Posts |
Sorry.Spell check here doesn't differentiate between loop and loupe.Ha.
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Pillar of the Community
Canada
1733 Posts |
I usually go to a coin show with two "segments" of cash. The first is for things I'm definitely looking for, have researched and I'm prepared to buy then and there. That's my shopping list.
My second segment of cash is "mad money"... "Hey that's really nice/weird/unusual/pretty and I want it". This segment of money is usually a lot less than my shopping list money. I try to keep it to 100 bucks and by letting the impulse buying out with a restriction like that I've saved myself a lot by not making purchases I hadn't done my homework on.
There is a final category for high value items. I'm interested, make notes and take a pic of the item and then go do my homework and follow up via phone/email later if I'm interested after I've done some research or fact checking.
Not casting any dispersions on dealers whatsoever but they are retailers and their job is get my money in exchange for their merchandise. I just make sure it's the merchandise I want at the price I'm willing to pay by being prepared ahead of time.
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New Member
United States
39 Posts |
When I go to coin shows I try to bargain with the coin dealers for better prices.
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Replies: 20 / Views: 2,935 |
Posted 04/09/2010 11:56 am
