keep or take back?

I was shopping at a local coin shop and got someone help me that usually didn't before. I used to get deals from the owner but this other guy tried to sell me AG Barber halves for $14 and I thought they looked like they are worth more. I bought these from the books and thought maybe I overpaid for the quarter. What do you think, keep or take back?

 

Log in or Sign up to hide this ad.

If your coin shop will allow returns, I would probably return the dime. The quarter looks fine though.

 

Well, I'd say the Barber quarter looks VG-8+ (need reverse though), which would put its value at around $11.50. I'd keep that one. The dime's a different story. The lighting might be bad in your pic, but it looks like it might have been cleaned at some piont. If so, it deffinately drops the value. I'd return that one

-C.J.

 

I would keep them, they're not terrible expensive coins and still looks pretty nice.

 

I'd keep them instead of the inconvenience of returning, and to keep good vibes with the LCS guy, but I wouldn't buy again at that price. I don't know years off the top of my head, but if they're common, I think those prices are $2 high on each. IMHO common halves should be more like $12 for good, and AG at junk.

 

not really a local coin shop

More of a precious metal dealer. I think the owner gives good deals but this guy, he was doing everything from some piece of paper. The halves he was showing me, some were in pretty bad shape and he told me $14 and was doing everything by this guide.

 

Just wanted to add.

If the owner gives you better prices then you should deal only with the owner. With no disrespect to the other guy, politely ask to talk with the owner. If he's not there ask the other guy to hold the coins for you. The shop I go to is run by husband and wife, one person always gives me better prices and I deal exclusively with that person. Just don't say anything disrespectful if asked why.

 

id keep them although you over paid by a little bit i wouldnt make a big deal of it to be honest. you live and you learn.

cody

 

I am going to take these back.

I am going to return them, I might get a better deal if I ask for a $1 worth of junk silver and ask to exchange them. I may just ask for a refund and try other shops in the area or just bid on Ebay since I can always control what I am willing to pay by place a max bid.

 

don't understand that. you always control what you pay. you buy something at a given price or you don't. i wouldn't go back to return something over a couple of bucks. you agreed to the price when you bought them.

 

I am not knowledgable to know what a good deal is or not.

I am not that knowledgable about coin prices and values so it is difficult to go into a shop and get a fair price since some like the guy I was talking to like to exploit this lack of knowledge. At least on the Internet there are guides like coinstudy.com. I am just going to return it and tell them I decided I didn't want them. I don't see how this is an issue, I know if I shop anywhere I can usually return items for any reason I see fit. It is common for people to shop somewhere, realize they overpaid for something and then return it. I don't see how coins are any different. I think that in any business customers should feel like that they received good value.

 

I am getting VG10 for the Barber quarter.

The barber quarter has more liberty showing than VG 08. The amount of leaves showing is closer to F12.

 

I think your main mix up here is that you think all purchases no matter what, are returnable. Collectibles like coins are a very sensitive area, you don't return them unless you're very close with the dealer. I'm not even sure if they will take it back if they don't know you, and even if they do expect them to probably not let you back into their store in the future.

 

Exactly. Why would you screw up a relationship over a few bucks?

 

I buy things I like all the time, only to realize that I may have overpaid a bit. The same goes the other way too though, sometimes I pay under what it's worth - in the end it all works out and I paid what I thought were fair prices for the items. If you were ok with the prices when you bought them, I don't see why you would return it. We're talking about a few dollars - its not worth the effort in my opinion.

 

That sounds a little harsh, but some coins stores might do that.

If I did that in my local coin store, I don't think they'd care at all, since we're only talking about $16. Now if I bought $1,000 worth of bullion and tried to return it the next day after a decent price drop, then I'd probably lose some respect and bartering ability in the future.

If I looked at your situation from an economic perspective, since you mention the owner gives you good deals, returning the coins might result in slightly higher prices for you in the long run. It might be in your best interest to just accept the possibility that you might have overpaid by a few bucks...

 

Unless you live within walking distance it will cost you more (in gasoline) to return the coins than you overpaid.

You only overpaid a very small amount. If I were you I would consider that as a partial tuition payment for my numismatic education.

 

Buyer’s remorse?

I agree with silverfool. You didn't buy the coins sight-unseen. The shop offered you a price & you accepted it. IMO you should keep the coins.

If you find that one or both don't fit your collection then sell them someplace or ask the shop what they might give you in store credit.

 

Everybody is right! You had full control over the purchase. You've seen the product, you knew the price, and there was even that slight pause between YES and the cash register ringing for you to back out.

Coin shops are so few and far between these days that a good relationship is important. It's not worth the hassle to return if there's a chance you'll burn an important, if not informative bridge.

 

I would keep them. For that amount of money, it's not worth the bother. Think first next time.