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05-29-2004, 04:52 PM
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#1 (permalink)
| | Numismatist
Join Date: Dec 2003
Posts: 3,387
| Finding a dealer
Here is where your options are only limited by your time. http://anamarket.money.org/ http://greysheet.com/cdn/numdd.asp
There are so many places to search for dealers. I would suggest that anyone searching for a dealer, should look for dealers who are members of the ANA or PNG. They should also be listed in the numismatic dealers directory.
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05-31-2004, 10:38 AM
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#2 (permalink)
| | Numismatist
Join Date: Dec 2003
Posts: 3,387
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Watch for dealers who sell coins certified by lower end certification companies. This should be a warning.
The acceptable grading services are:
NGC
PCGS
ANACS
ICG
All others should be avoided by collectors who are not very well-versed in grading standards.
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06-02-2004, 06:26 PM
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#3 (permalink)
| | Member
Join Date: May 2004 Location: Georgia
Posts: 79
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I went in to look around at the local coin shop and spoke to the dealer. Had some interesting dialogue with him.
The local dealer here told me that a proof is typically, generally, normally MS-69 when it leaves the mint. Is this true, National Dealer?
Perhaps I misunderstood him but after our conversation, I was left with that impression.
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"Like Liberty, gold never stays where it is undervalued." - J.S. Morrill
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06-02-2004, 06:41 PM
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#4 (permalink)
| | Member
Join Date: May 2004 Location: Georgia
Posts: 79
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...excuse me please, I meant to write PR-69 instead of MS-69.
__________________
"Like Liberty, gold never stays where it is undervalued." - J.S. Morrill
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06-03-2004, 10:10 AM
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#5 (permalink)
| | Numismatist
Join Date: Dec 2003
Posts: 3,387
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The mint has gotten very, very good at the minting process, but 69 is reaching. All modern coins whether Mint state or Proof have an average of 67-68. This does not include circulation quality coins. These are coins that come in Mint or Proof sets. Anything lower than 67 is a weak or bad strike. I routinely submit thousands of coins a year for certification. 69 is not an easy grade to hit. 68's are a dime a dozen. But consider this, most 68's hold a value less than the price of the slab.
The only way to get 69's or 70's from all modern proofs or mint coins is to send them to a less than reputable grading service.
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06-03-2004, 09:14 PM
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#6 (permalink)
| | Member
Join Date: May 2004 Location: Georgia
Posts: 79
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Thanks for clearing that up for me, National Dealer. The local coin dealer here may have exaggerated somewhat with his comment and his personal opinion may be wrong but now I don't feel as though he was feeding me a line of horse manure...  for lack of a better way to put it.
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"Like Liberty, gold never stays where it is undervalued." - J.S. Morrill
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06-04-2004, 12:18 AM
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#7 (permalink)
| | Numismatist
Join Date: Nov 2002 Location: PA
Posts: 23,391
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Nd - I will readily agree that 68s are a dime a dozen for Proof coins - but I would aslo say that 69 is a far more common grade than 68. A quick look at any of the population reports would confirm this.
I would strongly disagree that this is so for business strikes - even if they do come from mint sets. MS68 coins are anything but common. MS69 is all but unheard of. I should qualify my statement to say that I am talking about coins graded by the top tier grading companies.
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knowledge ..... share it
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07-03-2004, 06:24 PM
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#8 (permalink)
| | Senior Member
Join Date: May 2004
Posts: 177
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What if I would prefer to buy from dealers that frequent this board? Is there a thread somewhere that I have missed that lists the members of his board and their websites? Or do I have to click each member profile?
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07-03-2004, 06:41 PM
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#9 (permalink)
| | Sic Semper Tyrannis
Join Date: Jan 2004 Location: Patrick County, Virginia
Posts: 3,023
My Mood: | Quote: |
Originally Posted by mitchell What if I would prefer to buy from dealers that frequent this board? Is there a thread somewhere that I have missed that lists the members of his board and their websites? Or do I have to click each member profile? | A couple of our dealer friends are out of town.
You might want to see if this gentleman can help you: LINK(click here) |
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07-27-2004, 04:23 PM
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#10 (permalink)
| | Coin Hoarder
Join Date: Feb 2004 Location: Orlando, FL
Posts: 679
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Finding a great dealer is a snap. Just look for this sign CLICK HERE
haha couldn't resist, sowwy
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Eyes are not required for true vision.
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07-28-2004, 08:06 PM
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#11 (permalink)
| | Numismatist
Join Date: Dec 2003
Posts: 3,387
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08-22-2004, 07:17 PM
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#12 (permalink)
| | Junior Member
Join Date: Aug 2004 Location: WV
Posts: 5
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[QUOTE=National dealer]Here is where your options are only limited by your time.QUOTE]
I've been collecting for over thirty years and this is without a doubt the best time to be a coin collector. Most of my life i've lived in a rural community and the nearest coin dealer was a two hour drive away. Mail order was controlled by a select few companies notorious for charging high retail value for common coins. Had I not lived a few years in a larger city with numerous coin dealers my collection would still consist of a few rolls of wheat ears and a handful of silver.
But the internet has completely changed the landscape. I now have access to literally thousands of sources. A person needs to watch for overgraded and problem coins, as well as overpricing, but that has always been the case. And now a collector has a lot more options when it comes time to resell.
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08-23-2004, 01:02 AM
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#13 (permalink)
| | Coin Hoarder
Join Date: Feb 2004 Location: Orlando, FL
Posts: 679
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Well said, sir. Many people refer to the internet only to discuss the various scams but the fact is it has brought the world of numismatics to the rural collector, and to collectors who have impaired mobility and can't travel easily.
And you make a good point that overpricing etc has always been a problem to watch out for. It's not a new problem, for sure.
Regardless of the medium...mail order, internet, coin show...the most important thing you can carry with you is knowledge. Knowledge is power and protection.
Nick
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Eyes are not required for true vision.
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10-15-2004, 09:45 PM
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#14 (permalink)
| | Numismatist
Join Date: Nov 2002 Location: PA
Posts: 23,391
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Bump for Nd
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knowledge ..... share it
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12-03-2007, 12:18 AM
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#15 (permalink)
| | Junior Member
Join Date: Dec 2007
Posts: 11
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I have some coins I know I'd like to sell fairly quickly. I would like to sell them to a knowledgable collector or dealer because I am not yet qualified to accurately grade the coins.
I've been practicing enough that I'm pretty sure I can tell if someone is offering too low a price, but I don't want to take advantage of anyone out of my own ignorance or theirs.
What's the best way to do this? A coin show?
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