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I Remembered Today Why I Stopped Going To Coin Shows

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streg2's Avatar
United States
171 Posts
 Posted 09/17/2011  7:58 pm Show Profile   Bookmark this topic Add streg2 to your friends list Get a Link to this Message Number of Subscribers
Hello all, my first post
After a 5-6 year hiatus of attending coin shows I attended a show in northern Ohio today.
I have never been treated so rudely by the coin dealers. These guys didn't know if I had $1000 or $10000 burning a hole in my pocket. Even had 1 dealer ask if I was serious about buying or just looking. Well the way I look at it I need to look before I buy, needless to say I just turned and walked away. They don't put their price on the front of the slab and you must ask the the price then they must reach in, pull it out, then you can see and they would tell you.
I even inquired about a slabbed Morgan (thats all I look to buy) I saw the price marked $9000 and before I could say anything he said he would take $7000 for it.
My question to you all and I'm sure some of you are dealers is why not put the price on the front and I will never have to bother anyone till I see a coin I'm truly interested in purchasing?
I was only treated nicely by 3 dealers out of approximately 40.
Sorry about my first post but I would like to know others thoughts on this. Be the last time and will switch to only good, positive posts and replies from now on.
Regards
Gary
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specksynder's Avatar
United States
1080 Posts
 Posted 09/17/2011  8:09 pm  Show Profile   Bookmark this reply Add specksynder to your friends list Get a Link to this Reply
Well, if you put the price on the front, you have to keep changing it. With silver prices, you might have to change it frequently. Otherwise, you get annoying customers who say, "this Walking Liberty half is priced $11, so you have to sell it to me for $11."

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CoinHunter53562's Avatar
United States
2049 Posts
 Posted 09/17/2011  8:13 pm  Show Profile   Bookmark this reply Add CoinHunter53562 to your friends list Get a Link to this Reply
I did a show a couple of years ago and also have worked in and run a coin shop so I will give my Two Cents here.

First, there is no rhyme or reason why any dealer should treat anyone rudely. You are 100% right, you may have a few bucks to spend or you may have alot and can turn into a great customer plus give referrals.

With that said, there are alot of low end collectors who are there kicking the tires, that do take up alot of time and attention. If a dealer doesn't have someone else helping to watch over his inventory and you have a small timer looking at the $5 and $10 coins, taking up table space and alot of time, then I can see where a dealer might get irritated. Until you have been on the other side of the table, you really won't understand fully what I am saying here.

As far as prices go, the industry and prices are dynamic so it can be alot of work to keep prices up to date on stickers. I haven't done a show in a couple of years, but spent the past week going through some coins I had for the show that I still have now. It is a TON of work to go through and re-price them. So unless dealers are turning over inventory completlely every month, the possibility exists that prices will have to be redone. So from that standpoint, I can see where a dealer would not bother putting the price on it.

I agree with you though, that it can be frustrating when you have to ask the price of items. Usually I tend to shy away from those tables and go to ones where prices are clearly marked.

Let me ask you this, when you went was it extremely busy or later in the day? Just trying to get a feel for the situation as well.

I hope this helps. I am trying to answer your questions while showing an alternate view from the other side, but at the same time agree with alot of things you have said...lol.
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vermontensium's Avatar
United States
16679 Posts
 Posted 09/17/2011  8:24 pm  Show Profile   Check vermontensium's eBay Listings Check vermontensium's eCrater Listings Bookmark this reply Add vermontensium to your friends list Get a Link to this Reply
If I don't see prices on coins, I'm gone, unless it's a coin I am very interested in. I love all those little codes some dealers use on the coin, you know, like: XGB567YI7
They look at that, and give you a price.
The last show I attended, I brought my CDN and saw mark ups so high, I almost laughed, they were not even hard to find keys.
Anyway, that's what I do. I've had my share of rude, pompus dealers and I never forget them. There are too many good dealers out there so ignore those other idiots.
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streg2's Avatar
United States
171 Posts
 Posted 09/17/2011  9:47 pm  Show Profile   Bookmark this reply Add streg2 to your friends list Get a Link to this Reply
CoinHunter, it was about noon of the 2nd day very few non dealers present. Their link on the web wasn't working, they changed the location of the show at the last minute according to the door men. Took me 1 1/2 hrs to find it after entering the town that hosted the show. Wasn't even in that town. Maybe they were not to pleased the way everything went.
I guess I didn't realize the keeping up with the prices thing. But I was ready to spend $$$ and left with it too.
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okiepb's Avatar
United States
1213 Posts
 Posted 09/17/2011  9:53 pm  Show Profile   Bookmark this reply Add okiepb to your friends list Get a Link to this Reply
I agree that there seems to be a growing number of rude dealers, but there are a lot of good ones too so I make notes of dealers that are rude and I won't go back to them. I don't understand how the rude ones can stay in business if they treat everyone that way.

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jbuck's Avatar
United States
188213 Posts
 Posted 09/17/2011  11:17 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
I consider myself very fortunate to have a regular coin show with a lot of great dealers. It could be because I have been going for so long and the same dealers have been coming to these shows.

Hang in there and do not give up. To be optimistic, those three dealers are a good start. I believe you will eventually find some more dealers to work with.
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CoinHunter53562's Avatar
United States
2049 Posts
 Posted 09/17/2011  11:19 pm  Show Profile   Bookmark this reply Add CoinHunter53562 to your friends list Get a Link to this Reply

Quote:
I agree that there seems to be a growing number of rude dealers, but there are a lot of good ones too so I make notes of dealers that are rude and I won't go back to them. I don't understand how the rude ones can stay in business if they treat everyone that way.


From what I have seen, a majority of a dealer's business is done dealer-to-dealer. The retail side of things can be small for some, so they may not care if they sell to retail customers too much. I'm not justifying dealers acting rude, but just saying what I have observed.
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DVCollector's Avatar
United States
10045 Posts
 Posted 09/17/2011  11:34 pm  Show Profile   Bookmark this reply Add DVCollector to your friends list Get a Link to this Reply

Quote:
Even had 1 dealer ask if I was serious about buying or just looking. Well the way I look at it I need to look before I buy
I've met a few of these guys; I suspect some of them prefer volume deals; then there are cranky ones who should just retire.

But most of the dealers I meet are great. As for those few who are wiseguys, I say nothing and walk over to the next table.
Rest in Peace
Buddy's Avatar
United States
7075 Posts
 Posted 09/17/2011  11:35 pm  Show Profile   Bookmark this reply Add Buddy to your friends list Get a Link to this Reply


It's happened to me, too. I am new at buying coins and I am not willing to spend a lot until I know more.

I understand the dealers have to make a living and they have limited time at the shows. More importantly, I understand that it is very bad manners for someone else to come to a dealer's table and hover while someone else is shopping. So I get it. If I'm there browsing nobody is going to stand in line and wait. That means they move on to another dealer.

At the World's Fair of Money I was just looking in cases and the dealer would pull out what I was looking at and quote a price, I would balk, and he would put the coin away and turn his back on me. I felt dismissed. I understand that the dealers had to move onto the customers that were ready to buy, but a nice word would have been most welcome. They could simply say "Well maybe someday.." and smile before turning their backs.

I left with my money, too. Well, most of it. I did buy a bottle of water and a couple of souveniers.
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Namachieli's Avatar
United States
2120 Posts
 Posted 09/17/2011  11:54 pm  Show Profile   Bookmark this reply Add Namachieli to your friends list Get a Link to this Reply

Quote:
I was only treated nicely by 3 dealers out of approximately 40.


I would only give my money to those people.

There have been a few times where I told a dealer "you know what, never mind. I'm no longer interested." If they ask why;

"well I feel you've been quite rude to me for no real reason. So I'm choosing to take my business elsewhere."

Simple as that.
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biokemist6's Avatar
United States
12437 Posts
 Posted 09/18/2011  12:57 am  Show Profile   Bookmark this reply Add biokemist6 to your friends list Get a Link to this Reply

Quote:
I love all those little codes some dealers use on the coin, you know, like: XGB567YI7
They look at that, and give you a price.

From my experience, those codes pertain to the price the dealer paid for the coin so he knows how much it can be discounted.
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streg2's Avatar
United States
171 Posts
 Posted 09/18/2011  01:36 am  Show Profile   Bookmark this reply Add streg2 to your friends list Get a Link to this Reply
Anybody have any suggestions of a favorite dealer in the Cleveland, Columbus, Detroit triangle?
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Conder101's Avatar
United States
17884 Posts
 Posted 09/18/2011  09:17 am  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply

Quote:
Even had 1 dealer ask if I was serious about buying or just looking.

Yes, I'm serious about buying if you have what I need. Are you serious about selling, or just displaying common stuff at high prices?
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United States
20753 Posts
 Posted 09/18/2011  09:31 am  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply

Quote:
Even had 1 dealer ask if I was serious about buying or just looking.

I would have just said I thought I'd stop by for a good laugh. Your STUFF is funny.
As far as coin shows go. People are people and they are different and/or the same everywhere. If you find your at a coin show where everyone treats you like dirt, it could be you or all of them. I go to coin shows about 2 to 4 times a Month. I always try to talk to every dealer at any show. I spend the time trying to get to know them. I've mentioned to many dealers about the no prices on coins and that is why I seldom stop at their tables. Some have actually started to put prices on the flips since then. So far I've only met a few dealers that were either rude of ignorant and usually if they stick to the dealer job, they eventually change. Other dealers usually mention to them about their attitude.
I really love coin shows. Over the years I've gotten to know many dealers and some of their regular customers by just sitting at their table and looking at everything.
I get all my Albums free from several of them. Of course by me there are some coin shows that are repetitious so you meet basically the same dealers most of the time.
Like anyone, anywhere, as you get to know them, some are OK and some just stay idiots.
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yankee1227's Avatar
United States
1151 Posts
 Posted 09/18/2011  12:52 pm  Show Profile   Bookmark this reply Add yankee1227 to your friends list Get a Link to this Reply
Ive had this problem multiple times. Mostly because I am a teenager and they think I dont know anything but also because they think that I dont have money to spend. When I get money, I put some of it away for a "coin show stash" And then on top of that I usually have a lot of silver to sell and then sometimes some gold. I average about $700 when I go to a show. Then I also have a couple dealers that I run for and make a couople hundred bucks. So when dealers make the common misconception that kids dont know anything about coins, some dont but there is that tiny percentage that does.
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