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Ed_B's Avatar
United States
4008 Posts
 Posted 05/25/2011  6:53 pm Show Profile   Bookmark this topic Add Ed_B to your friends list Get a Link to this Message Number of Subscribers
A friend of my wife is a very charming lady in her 80s. She mentioned that she had some silver coins that she wanted to sell, so we went to her place today to look at them. They turned out to be 24 Morgans in good to fine condition. Most are toned a bit from oxidation but a shot of Tarn-X will solve that problem. Most dates are from the 1880s with a couple of 1921s in there.

I asked her how much she wanted for these coins and she asked if $10 each was too much. Wow! What a plump little chicken all ready for plucking! I told her that they were worth more than that and offered her $30 each for them. That's less than I could buy them from a dealer but also more than most dealers would pay her, so it seemed a reasonable compromise. It was a good deal for both of us and that's what business is supposed to be. She got more than enough to have her car fixed so is happy with that and I got a good deal too.

It would have been very unfortunate if she had tried to sell these to most people. I am sure that they would have been happy to pay her $10 each asking price. Fortunately, we are friends and we both were able to get a better deal out of this.



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Fuzzy317's Avatar
United States
14463 Posts
 Posted 05/25/2011  7:00 pm  Show Profile   Bookmark this reply Add Fuzzy317 to your friends list Get a Link to this Reply
good score, and glad that you were honest with her on the price
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Scooby Due's Avatar
United States
4000 Posts
 Posted 05/25/2011  7:02 pm  Show Profile   Bookmark this reply Add Scooby Due to your friends list Get a Link to this Reply
Awesome for both of you. Now about the Tarn-X....
Valued Member
Funny Money's Avatar
United States
424 Posts
 Posted 05/25/2011  7:15 pm  Show Profile   Bookmark this reply Add Funny Money to your friends list Get a Link to this Reply

Quote:
Now about the Tarn-X....


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mitchhailey's Avatar
United States
1150 Posts
 Posted 05/25/2011  7:25 pm  Show Profile   Bookmark this reply Add mitchhailey to your friends list Get a Link to this Reply
Good job on the honesty part...I like that.

But I'm with those guys. I wouldn't do the Tarn-X.
Pillar of the Community
United States
648 Posts
 Posted 05/25/2011  7:31 pm  Show Profile   Bookmark this reply Add tripncoins to your friends list Get a Link to this Reply
Way to have class and be honest. Good to go and darn nice purchase.
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JackB's Avatar
United States
1064 Posts
 Posted 05/25/2011  7:31 pm  Show Profile   Bookmark this reply Add JackB to your friends list Get a Link to this Reply
Good deal all around, that's how it should be done. Kudos...
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DNA's Avatar
United States
2734 Posts
 Posted 05/25/2011  7:43 pm  Show Profile   Bookmark this reply Add DNA to your friends list Get a Link to this Reply
Thank you, Ed_B, for giving her a good price for the coins.

A while ago, here on CCF, I bought a roll of 40% JFK's.
My starting bid was $55, which was $8 below their melt value at the time.
I decided to up my bid to the coins' full melt value of $63,
because I figured if I sold my silver, I'd want to get melt value for it.

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Tim Stroud's Avatar
United States
2661 Posts
 Posted 05/25/2011  7:53 pm  Show Profile   Bookmark this reply Add Tim Stroud to your friends list Get a Link to this Reply
God please don't put Tarnex on those beauties!
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Silverhawk74's Avatar
United States
3670 Posts
 Posted 05/25/2011  7:56 pm  Show Profile   Bookmark this reply Add Silverhawk74 to your friends list Get a Link to this Reply
That is a great unexpected addition eh, nice job! Real nice to offer her 20 more, I am sure that was a shock to her and made her day, as she would not have gotten 30 each anywhere else I bet, probably not having the no how or where to do so. She got here car fixed an may have had some left over and got rid of some coins she had no use for, and that is great deal for both parties, 24 Morgan's, major score....

I have my trusty bottle of tarnX right here, so you know my thoughts on that, Polish away, as sometimes you just gotta think outside the box, lol....

I have a gold coin that I could make out the slightest print, as the capsule is easily unscrewable, so no surprise it had been opened and got a tiny print. I spotted some "Odoban oxy surface pet hardwood floor cleaner", as I have three chihuahuas and a Pomeranian, and sure enough I scratched my chin and did the unthinkable an sprayed a bit on a Q-tip, and used the power of liquid oxygen to remove that print, and the coin looks great now, proof like, lol....
Edited by Silverhawk74
05/25/2011 8:04 pm
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CoinHunter53562's Avatar
United States
2049 Posts
 Posted 05/25/2011  8:06 pm  Show Profile   Bookmark this reply Add CoinHunter53562 to your friends list Get a Link to this Reply
Well done and kudos for giving an honest price!
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okiepb's Avatar
United States
1213 Posts
 Posted 05/25/2011  8:28 pm  Show Profile   Bookmark this reply Add okiepb to your friends list Get a Link to this Reply
That was a very classy thing to do on your part - good job. Plus, you still got the Morgan's at a good price.
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Earle42's Avatar
United States
10034 Posts
 Posted 05/25/2011  8:52 pm  Show Profile   Bookmark this reply Add Earle42 to your friends list Get a Link to this Reply

Great find, great deal, and a show of great character .

Things do not get better than this. And thanks also b/c, IMHO, your handling of this situation is a feather not only in your cap, but in the CCF forum cap also!
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Valued Member
United States
362 Posts
 Posted 05/25/2011  10:25 pm  Show Profile   Bookmark this reply Add ICanSeeYou7687 to your friends list Get a Link to this Reply
I need to meet more old people
Pillar of the Community
United States
648 Posts
 Posted 05/25/2011  10:39 pm  Show Profile   Bookmark this reply Add tripncoins to your friends list Get a Link to this Reply
I would actually leave them as is and not clean them. That's just me.
Valued Member
United States
71 Posts
 Posted 05/25/2011  10:56 pm  Show Profile   Bookmark this reply Add Geardaddy to your friends list Get a Link to this Reply
Great integrity Ed. Nicely done.

Oh, and great score as well!!

You get three happy peppers!

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