I work on weekends so today on my day off took a ride to get a 6 pack of beer, remember Today is my weekend, well was in line to cash out beer and a guy in front of me ask the lady if she would take a 1924 s peace dollar to trade for a dollar which she said OK well knowing me I thought to ask him if he would sell to me I told him would give him 2 dollars for coin which he said yes, just before I gave him the 2 dollars I said in my head this not right to rip the guy off, so I said hear is 20.00 dollars , well he said no as he said to much money for a dollar coin I tried to explain to him that coin was worth more then a dollar and the 2 dollars also, he said just give him 5 I said OK knowing that I did try to be fair, then he told me had more coins at home if I wanted to buy well in my little head I thought wow this to good to be true, well waiting for him to call me as gave him my cell number and told him will show him a coin book so he knows what he has, If I was evil I would just rip him off, but I can't do that and try to live with myseft, so wish me luck if he calls me and after seeing what he got will try to do a fair deal with him., here is a picture of coin I got foe 5 bucks :hail::devil:, sorry on big pictures still learning how to resize Carl
I know I think my luck is getting better, but would you of just gave him the 2 dollars or would of you said will give you more?
I'm not in the market of buying bullion for resale; I probably would've thrown him 5 or 10 bucks for it as a one time thing. If I were going to go through the rest of his coins, I'd at least do it for a fair price. 20 to 25 times face on silver cull stuff and at least around dealer cost on good stuff.
That's what I was thinking, I don't want to rip the kid off, who knows he might have a few key dates in with what he's got, like I said if he calls me back going to sit down with him and try to explain what they are worth aleast if I buy more I won't feel like that I am ripping him off
See, I wish that would happen to me just for the story. The coins that are most interesting to me are the ones that have a nice story to how I got or found them. I would have felt bad ripping the guy off, so I would have given him a fair price too. It amazes me though that this guy didn't even think that the coin might be worth more then face value though. I know people who think that a Sacajawea circulated dollar is worth more then a dollar simply because you rarely see them being circulated. The same thing applies to $2 bills. One time I actually had a roommate that owed me $3 for something and he gave me a circulated 1999 Susan B Anthony dollar exclaiming that it was probably worth atleast $3 maybe more. Not knowing that I collected coins I explained to him that perceived rarity doesn't really mean it is a rare coin and that a 1999 SBA dollar was only worth a dollar. I still took it but made him pay the other $2 he owed me. This guy is the opposite of most people. Most people assume coins that are rarely circulated are worth more then there face value even when they aren't. This guy thinks if it says one dollar on it then it must only be worth one dollar now matter how old it is. Poor fool. At least you are willing to help him learn how much some of his coins are really worth, glad there are still honest people left in the world.
I had a guy do the same thing with 6 '64 Kennedy's. Luckily he took more than 5 bucks for 'em but still. Once in a lifetime thing for a Peace dollar though.
You did the right thing...assuming they're all genuine and he didn't steal them from someone else. Self respect is more valuable than any amount of money (imo). :thumb:
That 24 Peace has some odd wear patterns. The S and the beak are near unworn. Pitting. Does the reeding look ok?
Closestr thing for me was when I was buying a bottle of pop at school. The kid in front of me put his quarters in, but one kept popping out. He kept trying it but no luck. So I gave him a quarter in exchange and then used a dollar bill for my self instead. Later that night I showed the quarter to my friends dad and I was all excited because it was the oldest I had seen at the time. (This was before I officially collected.) Then his dad told me what I had. Low and behold I had traded the kid for a 1944 Washington. Nothing spectacular, but my first silver! I was excited and I still have the quarter to this day.
