I had a silver quarter set that I wanted to sell at a local coin show. I talked to 5 dealers and 4 of them did this to me. They asked to see the coins and took the coins out of the box. They took a look for about 5-10 seconds but kept holding onto them for about a minute or two (one event held for about 5 minutes). The offers that I received ranged from $20 to $26; and the spot was about $31.27 so the melt value was about $28. These coins are very common so I don't understand what they were trying to do.
He's definitely checking out the third side of the coin, but that don't take 5 minutes. When I buy something I'll hold it and rotate it and check out the cart wheel affect......etc. What year was the set?
They attempt to lower coins value by leaving dirty oily fingerprints wherever they can, thus reducing the number of higher grade coins and making sure the coins they have become more valuable and rare. Average dealer can soil and stain up to 8800 coins/sets every year.
I do the same sometimes with coins I consider purchasing/selling Maybe it's a nervous twitch? It assures me when buying.
Yes. Like when I first read it I laughed out loud because it was so funny. I was asking if that like what you honestly think, of course I knew that thats not the reason.
You, sir, got it absolutely right! It was a humorous paragraph made for entertainment! The field of jokes on CT is still a grey area, mostly unexplored. Hope I did not confuse or scare anyone.
One can never be too young to learn that in a commercial transaction of any sort, the person on the other side of the deal is usually not your friend.
The stealer was just trying to make sure he 'anchored' you. You obviously weren't leaving without your coins. They think it increases their chances of making a steal with you.
I really shouldn't take people serious, especially because I am just getting into coins and when I read that (because there were not emotion faces) I thought you were totally serious. HAHA good one though man! :thumb: If vdbpenny would have never asked I probably would have attacked the next dealer that laid a finger on my coin! Hahahahahaha I think I like the joking part of this forum you want to "explore".
This thread is crazy from the start almost! Perverted coin/con dealers and quantity of quality coins reducing hand holding..... But It's weird you bring it up, the coin dealers I've seen tend not to hold the coin, but look at it and immediately say yes, no, and if yes, a price (sometimes really low-ball).....