Crack The Dealer Price Code

Discussion in 'Coin Chat' started by Agilmore01, Jul 1, 2015.

  1. Agilmore01

    Agilmore01 Well-Known Member

    So as I cruised the coin show last weekend and asked dealers for prices on certain coins, most tended to refer to their sticker on the back which had a secret price code known only to them. My grandpa put one on the back of each 2x2 flip ro remember the price he paid and the date when he bought it. His was very simple: each letter stood for a number such as A=1, B=2, etc. So he may have EC on one, which meant he paid $53.

    There are some crazy codes I have seen out there. I am sure many are unique to each dealer, but what kind of codes have you seen out there. What do you use that works? I personally list a set 6-7 numbers, and put the paid price in the middle. 5417363 would mean I paid $173. Can you crack the dealer codes?
     
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  3. afantiques

    afantiques Well-Known Member

    The most common is a ten letter word with no repeated letters. Easy to remember your word and substitute the letters for numbers. Pretty elementary cryptography to study the letter codes and starting with guessing some letters (0,1,2 and 5 should be easy to get) all you need is a good vocabulary to fill in the blanks. You can then read that dealer's letter code,and some words are common among many dealers.
     
  4. Agilmore01

    Agilmore01 Well-Known Member

    Can you give an example? I can't seem to wrap my head around your explanation.
     
  5. okbustchaser

    okbustchaser I may be old but I still appreciate a pretty bust Supporter

    One dealer I know uses the word (as a hopeful outcome ;))

    PROFITABLY
    1234567890
     
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  6. Ken Walker

    Ken Walker Member

    Think of a Town or State with 10 different letters, so the first letter is (1) and the last (0) then any combination = price paid
    Still won't make the coins cheaper even if you crack the code.
     
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  7. Agilmore01

    Agilmore01 Well-Known Member

    Ok, I get this. You just have to be good at remembering your numbers that match your letters.
     
  8. doug5353

    doug5353 Well-Known Member

    The phrase "Extra Coins" contains 10 different letters; works for me...sometimes I add a Y or Z just to confuse people.
    0 e
    1 x
    2 t
    3 r
    4 a

    5 c
    6 o
    7 i
    8 n
    9 s


    aoysc = $46.95
     
    Last edited: Jul 1, 2015
  9. Bedford

    Bedford Lackey For Coin Junkies

    I will sometimes throw Greek Delta's ,Theta's & Omega's into my code to throw people off. I use a few different numbers as repeaters too.
     
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  10. kazuma78

    kazuma78 Supporter! Supporter

    Sometimes I use egyptian hieroglyphics and Maya script to throw people off
     
  11. afantiques

    afantiques Well-Known Member

    Sometimes I just throw people off.

    Don't go on a ship with me.
     
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  12. cpm9ball

    cpm9ball CANNOT RE-MEMBER

    To be honest, I really don't care what code a dealer uses. All that matters to me is whether or not his asking price is fair for that particular coin.

    Chris
     
  13. Bedford

    Bedford Lackey For Coin Junkies

    In my circle of dealer's that I wholesale with it's kind of an inside joke/task that some of us try to figure out what they or I paid for items. I really don't want them in particular to know & they feel the same way . I don't worry about the public & codes .
     
  14. jfreakofkorn

    jfreakofkorn Well-Known Member

    an interesting way in breaking the code

    but I bet that each dealer may have their own method in coding their price(s), I dont know really
     
  15. Teddydogno1

    Teddydogno1 Well-Known Member

    Cuneiform?

    Rob
     
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  16. derkerlegand

    derkerlegand Well-Known Member

  17. buddy16cat

    buddy16cat Well-Known Member

    Elliptic curve algorithm.
     
  18. Kirkuleez

    Kirkuleez 80 proof

    I use "chamber pot" as my code because it has ten unique letters. C is zero. If I ever sell a coin you will know what I paid for it.
     
  19. bdunnse

    bdunnse Who dat?

    Why is there a need for a code?
     
  20. coin_analyst

    coin_analyst Member

    I keep inventory on my tablet and can look it up if need be. I don't like cluttering holders with stickers. I leave that to CAC. :happy:
     
  21. Teddydogno1

    Teddydogno1 Well-Known Member

    If you know what someone paid for something, you have a leg up in negotiating. If the other guy is a good haggler, or just plain obstinate, then it doesn't help.

    Rob
     
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