While I was shopping today at the antique stores, I saw a case that had the worst prices ever. Some of the prices the guy was asking 1957 wheat Penny graded BY HIMSELF MS 67 $90 1956 Wheat penny graded by HIMSELF MS 66 $75 1940 Wheat penny graded by HIMSELF MS 67 $80 1909 VBD PENNY graded by HIMSELF MS 63 $340 1922 no d strong reverse looked to be xf condition $700 ( I may have to pick this up when I get the money- the only low value here)
Many of these people will take offers much much lower than the ticketed price. I went to a trader days (1 weekend a month) and looked at a 1952 Carver commem marked MS 60-63. They had it for $35. I offered $15 and she took it so fast it wasn't even funny. She probably would have taken $10. Offer 70% of what you want to pay and you may be surprised at what you get.
I was at a yard sale the other day and just as i walked up, the lady was taking a couple of shoe boxes off the table that were probably 1/2 full of wheat pennies and 1/2 dollars and some silver dollars... I asked her about them and she said she got scared that she would let them go for less then they were worth hahaha.. I tried my best to talk her out of them.. As for the dealer, yeah you really gotta watch out for shady deals... I've been seeing a lot of great deals on Ebay and even some on Amazon lately..
Trade Days near Fredericksburg? And to Sweet Wheatz, I'd be very careful about even thinking about buying that 1922. And that shop owner is CRAZY.
I've seen antique dealers try to pull that stunt off time and time again. After unsucessful haggling when they dfont budge, I gently tell them why don't you stick with pricing your chipendale chairs, and leave the numismatics to the pros. Its not uncommon for me to go back there months later only to see those same coins sitting there.
Could carry the Blue book with you when you're out and about and tell yourself that you will not spend more then the list price. Possibly even show it to the potential seller.
I'd be extremely cautious about buying an uncertified 1922 No D, even if the seller's other offerings seemed to be reasonably priced. In this case, even greater caution would be advised. Don't try to be the long odds.
Sure not going to the right places. I've found my best deals at garage/yard sales, flea markets, second hand stores and pawn shops. Got to agree that an Antique store is a real bad place for coins. For example at one flea market I purchased a 3 ringed binder of 238 Buffalo Nickels, all in decent shape for $80. Almost every date and mint.
Good find. Last year I found an undamaged/uncleaned 1894-O morgan dollar in about VF condition for $15. A couple of years ago I bought 101 circulated but undamaged silver roosevelt dimes including one proof for $39. Antique shops can be good places to look. Just don't expect to find something every time you visit.
