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<p>[QUOTE="bkozak33, post: 1758023, member: 30309"]I placed an ad, stating I was looking to buy coins. I received a call, spoke with him a bit, and drove out to see the guy at his house. He had a rather large assortment of us and foreign coins in which he had zero clue of what he had. They were passed down to him, and the previous collector did him no favors in storing them(random coins stored in old yogurt cups). LOL. It was a blast for me opening and searching these cups, for one cup would have old foreign coins, peace dollars, wheat cents, v nickels, etc.</p><p> </p><p>I started going through his coins and telling him, what I would be interested in buying. He then started to become stand offish, telling he would not sell to me today, he would think about it. I was a little peaved, as I drove a bit to get to him. So I decided to just teach him about what he had. I explained which coins had silver in them, which coins were key dates, and the basics of grading.(trying to explain a very good grade coin is not very good, was challenging. I think I helped him out greatly.</p><p> </p><p>After about an hour with him, he said, that he would sell the coins to me that I wanted. I offered him very fair prices, and he was happy. </p><p> </p><p>Question. </p><p>1. How do dealers handle someone who has about 500 old foreign coins? do dealers look up each coin, or just stay away?[/QUOTE]</p><p><br /></p>
[QUOTE="bkozak33, post: 1758023, member: 30309"]I placed an ad, stating I was looking to buy coins. I received a call, spoke with him a bit, and drove out to see the guy at his house. He had a rather large assortment of us and foreign coins in which he had zero clue of what he had. They were passed down to him, and the previous collector did him no favors in storing them(random coins stored in old yogurt cups). LOL. It was a blast for me opening and searching these cups, for one cup would have old foreign coins, peace dollars, wheat cents, v nickels, etc. I started going through his coins and telling him, what I would be interested in buying. He then started to become stand offish, telling he would not sell to me today, he would think about it. I was a little peaved, as I drove a bit to get to him. So I decided to just teach him about what he had. I explained which coins had silver in them, which coins were key dates, and the basics of grading.(trying to explain a very good grade coin is not very good, was challenging. I think I helped him out greatly. After about an hour with him, he said, that he would sell the coins to me that I wanted. I offered him very fair prices, and he was happy. Question. 1. How do dealers handle someone who has about 500 old foreign coins? do dealers look up each coin, or just stay away?[/QUOTE]
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