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Beware of people selling coins at flea markets. Lots of counterfeits.
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<p>[QUOTE="omahaorange, post: 1337419, member: 28199"]there's nothing wrong with buying coins at a flea market, as long as you're careful and do your research. I have purchased many common date coins for my collection from a couple vendors. First, I would not blindly buy a high-end coin from a flea market, any more than I would buy a rolex from the trunk of somebody's car. I won't go into how I started collecting (inheritence) but I frequent the local flea market every weekend. I usually have breakfast at the small kitchen inside (they start cooking my order when I walk through the door), then make my rounds. I made friends with one vendor, a nice guy in his 60's, retired mail carrier, and long time collector. I purchase from him pretty much every week. He knows what I want, and will look for this stuff. He also knows most of the other vendors, and will steer me to the one who has what I may want, and has already checked it out (they have a system, like coin shows, where the vendors visit each other and buy and selll at "dealer prices" before the crowd gets there). I have discussed items sold by other vendors, and even outside vendors, with him before I purchase. Point is, it took me a while to develop these relationships. This, I think, is the key. I am lucky in that I found this resource, but as always, you can find some good deals if you know what your're looking at. And the old adage still holds true: <b>If it seems to good to be true, it probably isn't</b>.[/QUOTE]</p><p><br /></p>
[QUOTE="omahaorange, post: 1337419, member: 28199"]there's nothing wrong with buying coins at a flea market, as long as you're careful and do your research. I have purchased many common date coins for my collection from a couple vendors. First, I would not blindly buy a high-end coin from a flea market, any more than I would buy a rolex from the trunk of somebody's car. I won't go into how I started collecting (inheritence) but I frequent the local flea market every weekend. I usually have breakfast at the small kitchen inside (they start cooking my order when I walk through the door), then make my rounds. I made friends with one vendor, a nice guy in his 60's, retired mail carrier, and long time collector. I purchase from him pretty much every week. He knows what I want, and will look for this stuff. He also knows most of the other vendors, and will steer me to the one who has what I may want, and has already checked it out (they have a system, like coin shows, where the vendors visit each other and buy and selll at "dealer prices" before the crowd gets there). I have discussed items sold by other vendors, and even outside vendors, with him before I purchase. Point is, it took me a while to develop these relationships. This, I think, is the key. I am lucky in that I found this resource, but as always, you can find some good deals if you know what your're looking at. And the old adage still holds true: [B]If it seems to good to be true, it probably isn't[/B].[/QUOTE]
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Beware of people selling coins at flea markets. Lots of counterfeits.
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