Antique shop

Discussion in 'Coin Chat' started by eric6794, Mar 9, 2017.

  1. eric6794

    eric6794 Well-Known Member

    So I was out of town today and seen a little antique shop and I decided to stop and see what they had, well the first thing I ask when I go to antique shops is if they have any coins or paper money and the guy I asked today say I have some and pulls out a little sandwich baggy that looked dirty and had a mixture of wheats, foreign coins a 1907 V nickel and a ground find 1936 buffalo nickel. I picked the 2 best wheats the V and the buffalo and asked how much thinking a buck or 2 but when the guy said $15 I was almost floored lol. The wheats were common dates the V was barely readable and the buffalo was a ground find, the guy said his "buddy" said the V nickel was worth around 25-30 dollars but he'd let me have it and the other 3 for 15 I politely said i'll pass and explained to him that the V was a fairly common coin and even in nicer conditions it probably wouldnt bring that much but he was firm. I know it's his coins to sell for what he wants but sheesh.
     
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  3. bdunnse

    bdunnse Who dat?

    seen?
     
    eric6794 likes this.
  4. -jeffB

    -jeffB Greshams LEO Supporter

    Did he haul out a cloth and start polishing them for you? :rolleyes:

    Sometimes shop owners who don't know what they're doing price coins much lower than their actual value. Sometimes they price them much higher. Guess which ones tend to accumulate in the store, and therefore, are easier to find...
     
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  5. Michael K

    Michael K Well-Known Member

    Prices at antique stores and flea markets are usually very high for common coins in poor condition. They don't really know coins and think what they have is valuable, and if they use a book to price them they go all the way to the right columns regardless of grade.
    Oh sometimes deals can be had. But 95% of the time you will always do much better at an LCS or a coin show. They have better inventory, better grades and the coins are usually priced appropriately.
     
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  6. coincollector197

    coincollector197 ANA Platinum member since 12/9/15

  7. eric6794

    eric6794 Well-Known Member

    "saw" sorry the hillbilly in me came out there lol
     
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  8. doug444

    doug444 STAMPS and POSTCARDS too!

    I have made spectacular finds at flea markets and estate sales; every visit is a new adventure with infinite possibilities. But you lose the initiative when you march in and start talking coins right off the bat; the price just doubled.

    You look around, you study items that don't interest you in the least, you tell the bored shopkeeper how much you love antiques, you do NOT tell him/her your grandma had one just like that one, they've heard that story a thousand times.

    When they ask what you're looking for, you hide coins in the middle of your answer, something like, "Oh, Indian artifacts, ball cards, postcards, coins, old keys -- just small collectibles..."

    And never buy Indian artifacts* at an antique shop...!

    Or "explain" how the owner's "wrong" on this or that; they don't want to hear it, you're wasting your breath.

    *something else the Chinese have become masters at counterfeiting; see http://tinyurl.com/hgbvg6e
    as an example. One of hundreds of manufacturers.

    This one happens to be in India, and thus they can sell legitimate "Indian" artifacts, if anybody cares.
     
    Last edited: Mar 10, 2017
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