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Frustrated with coin shops!!!
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<p>[QUOTE="jlblonde, post: 1220614, member: 32000"]Since silver and gold have gone up over the past few years, coins shops have become nothing more than bullion traders and junk jewelry buyers. They are melting down foreign coins by the bag full. When they do sell silver foreign they sell it to you at 90% most of which are only 30~50% silver. </p><p><br /></p><p>They don't even want to see base metal foreign anymore. On top of that they don't even check it's value they just purchase it at a few cents a coin or by the pound. When they do sell valuable foreign coins it's usually at full retail value. There's no negotiation in both buying and selling. I know they have over head costs and the like, but really come on now!</p><p><br /></p><p>What really ticks me off is when I hear them talking about how they purchased a collection by the pound and then picked out the key date and rare issues, but never mentioned it to the seller. They laugh!</p><p><br /></p><p>I don't know, just venting.[/QUOTE]</p><p><br /></p>
[QUOTE="jlblonde, post: 1220614, member: 32000"]Since silver and gold have gone up over the past few years, coins shops have become nothing more than bullion traders and junk jewelry buyers. They are melting down foreign coins by the bag full. When they do sell silver foreign they sell it to you at 90% most of which are only 30~50% silver. They don't even want to see base metal foreign anymore. On top of that they don't even check it's value they just purchase it at a few cents a coin or by the pound. When they do sell valuable foreign coins it's usually at full retail value. There's no negotiation in both buying and selling. I know they have over head costs and the like, but really come on now! What really ticks me off is when I hear them talking about how they purchased a collection by the pound and then picked out the key date and rare issues, but never mentioned it to the seller. They laugh! I don't know, just venting.[/QUOTE]
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Frustrated with coin shops!!!
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