Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
Coin shop etiquette
>
Reply to Thread
Message:
<p>[QUOTE="BooksB4Coins, post: 2339976, member: 36230"]I guess we have different interpretations of what "etiquette" means.</p><p><br /></p><p>Of course dealers are interested in making money... after all, that's what businesses do, but the same people who act as if this is some terrible thing are often the same ones who don't think twice about patronizing other businesses or purchasing at the marked price without thinking they're being ripped off. Instead of putting a fear of dealers (intentionally or not) into new collectors, it would be much more beneficial if people spoke more about how truly valuable, and how much of an asset a good and knowledgeable dealer can be. This aside, if people concerned themselves more with actually learning of the coins they wish to purchase instead of worrying about the guy selling them, the latter would become a non issue.</p><p><br /></p><p>The idea of "NEVER" paying a coin's value or retail may be fine, although limiting, for experienced/knowledgeable collectors/buyers, but focusing too much on it is a fine way for the new or inexperienced to end up with a bunch of dreck. Of course this would logically take us into what "value" really is; it's one thing to intelligently determine a realistic retail value for the individual coin in question, and something else altogether to (in most cases) simply reference a "guide". The fact is that for a great number of coins, valuing them is more of an art than science. Buying even certified coins back of supposed retail doesn't automatically mean it was some great deal. Certain coins, sometimes referred to as "hot potatoes", will often sell at discounts because they're dogs, fairly often ending up with newer collectors looking for that deal, and who don't quite understand what it is they actually purchased. In this hobby and/or business, knowledge is key, and those who don't have it are and will always be at a disadvantage to those who do.[/QUOTE]</p><p><br /></p>
[QUOTE="BooksB4Coins, post: 2339976, member: 36230"]I guess we have different interpretations of what "etiquette" means. Of course dealers are interested in making money... after all, that's what businesses do, but the same people who act as if this is some terrible thing are often the same ones who don't think twice about patronizing other businesses or purchasing at the marked price without thinking they're being ripped off. Instead of putting a fear of dealers (intentionally or not) into new collectors, it would be much more beneficial if people spoke more about how truly valuable, and how much of an asset a good and knowledgeable dealer can be. This aside, if people concerned themselves more with actually learning of the coins they wish to purchase instead of worrying about the guy selling them, the latter would become a non issue. The idea of "NEVER" paying a coin's value or retail may be fine, although limiting, for experienced/knowledgeable collectors/buyers, but focusing too much on it is a fine way for the new or inexperienced to end up with a bunch of dreck. Of course this would logically take us into what "value" really is; it's one thing to intelligently determine a realistic retail value for the individual coin in question, and something else altogether to (in most cases) simply reference a "guide". The fact is that for a great number of coins, valuing them is more of an art than science. Buying even certified coins back of supposed retail doesn't automatically mean it was some great deal. Certain coins, sometimes referred to as "hot potatoes", will often sell at discounts because they're dogs, fairly often ending up with newer collectors looking for that deal, and who don't quite understand what it is they actually purchased. In this hobby and/or business, knowledge is key, and those who don't have it are and will always be at a disadvantage to those who do.[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
Coin shop etiquette
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...