Quote:
|
Originally Posted by CoinKid52 So was I ripped off ... |
You seem to use this phrase quite a bit. If you are collecting to collect and enjoy coins then you will never get "ripped off" per say. You will simply have a collection of coins you like.
If you are attempting to gain a profit off of coin collecting then the only way to not get "ripped off" is to find them in your pocket and sell them above face value. Thus insuring a healthy profit margin and never again having to say "I was ripped off".
Coin shops, dealers, and especially Littleton Coin CO are trying to make money. Just remember a little rule, a coin is worth what somebody is willing to pay for it. In your case this nickel is worth $2.50 to you. I think that price is a little high but then again, I didn't buy the coin.
Like I said in the other post I was burned by Littleton also. I did get a 1931 s Lincoln in xf many years ago which now seems like a good buy. Other than that all the coins they sold were basically crap. Try this, start a thread about Littleton and see what kind of response you get. Maybe a poll or something.
Keep doing your homework and everything will be fine.
Happy hunting,
Michael