A bad coinshop

I won't give the name but they are in central ohio.

I was told this by someone.
He said a friend of his had bought several coins at this shop and kept them for less than a year. Needing some cash for an emergancy, he went back to the same shop to resell the coins. The shop owner told him that the grades were all off from what was written on the holder. The owner proceded to regrade all of the coins at at least one grade less.

The seller told the store owner," how can this be? You graded the coins yourself".

The store owner then told him he could not hlp him and made him leave the store.

 

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All he said she said. But I can believe it, not everyone is honest in this world.

 

That kinda sucks. But actually it is kind of human nature to look at coins more favorably if you're selling them than if you are buying those same coins. Why'd he make him leave the shop, was he getting loud or somethin?

 

Sounds like the seller and the dealer both had a bad day.

 

Picket the store!

 

Did he/she expect to get back exactly what was paid to that pawn shop owner? They like true Coin Dealers are in business to make money, some are reputable and some are definitely not.

 

how about:
Post the name of the business here, and then we can all avoid the joint.

 

Am I allowed to post the name?

 

Sure - there is no rule against posting the name of coin shop where you had a bad experience.

 

Was not my bad experience, but i have had other experiences there. Too me they seem more about greed than anything.
I asked about selling wheat cents. They told me a set price that he buys all wheats at. When I asked them about semi key dates like the 1924d or bu coins that were part of what I wanted to sell. He told me it didn't matter. All the wheats would be bought in bulk only with the others mixed in. All for the same price.
He treated me like an idiot.

 

Do you know what was said is true?
If you don't know, I don't feel it fair to post any names.

 

I live in "central ohio" and would like to know the name of the shop.

 

Its the only one in Westerville.

 

Got it, thank you.

 

You figured out the name?

If so have you dealt with them

 

Don't know the situation either way, but alot of folks seem to forget it's a business where the owner hopes to earn a living. That being the case they must buy low and sell high or they would never make it. As far as keys and semi keys on wheat cents,well some shops buy and some don't,they can buy in bulk and pick out keys themselves to sell seperately,to make a profit. I know I overpay a little at my local coin shops,I don't mind too much,I'd rather donate a few extra dollars a month to help keep the shop open and in business, than to not have a local shop,I like to talk coins with the owners and look at all the goodies under the glass, to me it's much better than shopping online.

 

Yes, I have dealt with them quite a few times, but only as a buyer and have never had a problem. The regrade story could have happened but a friend of a friend retelling should be taken with a grain of salt.

 

I'm not familiar with Ohio, but this isn't close to Dayton, is it?

Only reason I ask is my son is stationed at Wright-Pat in Dayton and he said he was going to get me coins for X-mas. He does not know anything about coins and I'd hate to have him walk into a shop where he may get taken advantage of.

Any recommended shops near Dayton?

Thanks

 

No, Booner, this shop is in Northeast Columbus.

 

I know the owner of Belmont Coin Shop in Dayton. He's a stand up guy. I haven't been to his shop personally but I deal with the owner on a regular basis.