Quote:
Originally Posted by Dollar1948  This travel distance thing brings up an important point.
I usually factor in transportation and any parking costs when making an offer on a coin from a dealer and always include it when recording what I paid for a coin.
Same thing when bidding/purchasing on-line when S&H fees come into play.
Of coarse this factor is irrelevant with this guy and his son....its a good day out together.  |
And your not the only one. If you frequent coin shows you would notice that the really large shows have dealers from all over the country. They have to stay at hotels, motels, etc. if the show is a multiday show. This cost money. They have to eat food out, buy miscellaneous items for road travel, gas money and/or plane fares, etc. All these fees have to come from somewhere and since they are selling coins and coin collecting merchandise, those items are usually inflated for that purpose.
I go to from 2 to 4 coin shows a month and over many, many years have noticed the best deals are always at the smaller coin shows. These are usually dealers from the area so not much expense as noted above. And if they are from the area you can usually put in request for some items whereas in a large show, your just a passing purchaser they will never see again.
HKWW you should also look into purchasing a Red Book by Whitman. Don't pay to much attention to the prices in that book since for some reason Whitman prices coins about 5 years in the future. Still one of the greatest coin books for information.
As to my previous list of things for coin shows you may have noticed the emphasis on security. Possibly in your area things are not as bad as where I'm at so those might be overkill. I live near the Chicago area and around here it pays to be carefull. Always better to be safe than sorry.
