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<p>[QUOTE="Numismat, post: 2339526, member: 15019"]There was one time I bashed.. not the coin, but the seller.</p><p><br /></p><p>I went to this spot in Manhattan called Plaza 57. Asked to view their world coins. Waited about a half hour to be handed a bucket of $5 per pound modern junk. Made it clear I was interested in more high end material. Another 20 or so minutes later someone brought out several long boxes of coins in flips.</p><p>I looked through them, pulled out a few coins I was interested in, as well as a few modern fake Spanish colonial 8 reales in a separate pile and informed the guy that they were cheap and crude fakes. He put the fakes right back into the box and even took the effort to mix them in rather than putting them back all together. Then he said he would give me a good deal at $999. I had picked out maximum $400 worth of coins.</p><p>At that point I knew there was no sale, but just out of curiosity I singled out a 1925 Canada 5 cent coin, a key date, but this coin was heavily worn and scratched up. A $25-$30 coin on a good day. He looked at it and said, well it's an EF and easily a $200 or more coin.</p><p>At that point I told him rather loudly, and in front of the 15-20 other customers in the shop, that grossly overpricing coins and selling fakes is a bad business model.</p><p><br /></p><p>He also had this odd and probably illegal policy where you could not leave the store until he gave his door man permission to buzz you out.</p><p><br /></p><p>Horrible place and experience.[/QUOTE]</p><p><br /></p>
[QUOTE="Numismat, post: 2339526, member: 15019"]There was one time I bashed.. not the coin, but the seller. I went to this spot in Manhattan called Plaza 57. Asked to view their world coins. Waited about a half hour to be handed a bucket of $5 per pound modern junk. Made it clear I was interested in more high end material. Another 20 or so minutes later someone brought out several long boxes of coins in flips. I looked through them, pulled out a few coins I was interested in, as well as a few modern fake Spanish colonial 8 reales in a separate pile and informed the guy that they were cheap and crude fakes. He put the fakes right back into the box and even took the effort to mix them in rather than putting them back all together. Then he said he would give me a good deal at $999. I had picked out maximum $400 worth of coins. At that point I knew there was no sale, but just out of curiosity I singled out a 1925 Canada 5 cent coin, a key date, but this coin was heavily worn and scratched up. A $25-$30 coin on a good day. He looked at it and said, well it's an EF and easily a $200 or more coin. At that point I told him rather loudly, and in front of the 15-20 other customers in the shop, that grossly overpricing coins and selling fakes is a bad business model. He also had this odd and probably illegal policy where you could not leave the store until he gave his door man permission to buzz you out. Horrible place and experience.[/QUOTE]
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