Is it just me or have most of you experienced this in buying or selling World coins, I understand want and desire, supply and demand, greed and envy, I swear 80% of coin shoppes don't have a clue, example Congo free state 1887 5 Franks mntg 100. 98% of shoppes offered melt to 25. almost no one wanted to pay even something of it's value, now considering the Belges Horrifying history of this area, o.k., sorry folks even 90% don't know what a Krause is, so west coast to east coast, NY, EURO buyer, not $15-25, $8200.
Would you care to rephrase that into something meaningful? i have no idea what you are talking about.
Yeah, but there is a Krause guy behind it. What do you think the K in KM# stands for? Unfortunately he died last year. Mishler (the M of KM) is still going strong and writes a weekly column for Numismatic News. Unfortunately it is usually very boring.
I knew what the KM stood for and that the Krause guy died. sad. I did not know of the weekly column thought.
What you're saying is that most coin dealers don't care much about foreign coins. I think that's the case for most dealers except those who specialize in this field. As mentioned though, I think it helps the savvy world coin collector a lot more than it hurts. You can always sell your coins online to knowledgeable buyers, but you can find a lot of deals from clueless dealers when you're buying. You have to look at their perspective. They're running a business and obviously they don't have a lot of customers asking for world coins. When I'm at my favorite dealer, 4 out of every 5 customers who come in are just buying gold or silver bullion. I'm just glad you can still find coins to buy and not just silver rounds.
sold it.? why do you think I went to the east coast? It was a question.. the coin has long been sold.. nobody but one got the gist of this question..
I think most people understand your frustration, but where you see obstacles, other see opportunities.
Why would you expect a random coin dealer to have expertise with every issue from every country? That's what it would have taken for the dealers you contacted to understand your coin. I wouldn't hold it against you if your knowledge of arcane Morgan Dollar varieties did not match mine; we have differing specialties. And so do dealers, even the generalists. Now, the unwillingness to do due diligence and discover the nature of what you were offering, well, that we can agree on. But people are lazy, and that has nothing to do with ethnocentrism. Nor does a given dealer's knowledge of whether or not he could easily flip a high-dollar foreign issue even if he did know what it was.
