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<p>[QUOTE="BooksB4Coins, post: 1778568, member: 36230"]If a so-called "deal" is your main focus, I fear that sooner or later you will be in for a big disappointment. The following is only meant as friendly advice, so feel free to take it as you wish.</p><p> </p><p>I, of course, cannot speak for every antique mall, but cabinets in those locally are (or were) all rented by dealers and were a great place to dump junk and/or problems for above average prices, even after paying rental fees and commission. Such places are more geared towards novelty and impulse buyers as opposed to knowledgeable collectors, and achieved prices often show this. From my own experience I can tell you that the best coins were almost always overlooked for those that seemed a “deal”; often more popular coins and dates would sell very quickly, even if problems were noted on the holder, as long as they were priced below common retail guides. While some sellers would claim grades above what a coin really was, others would leave it up to buyer knowing full well that most people cannot grade and will focus more on price, but either way the point was to squeeze the most money possible out of coins that elsewhere would sell for somewhat to substantially less. The same can go for antique shops; I am close to an antiquing area and used to handle coins for a number of them. Overwhelmingly, the best sellers were dreck sold to people who wanted the novelty of something “old” or were thinking they were getting a deal. Of course there are and were exceptions, but I urge you not to assume that because an establishment may not appear to have an “expert staff”, it is ripe for the picking. Please understand that I am not saying that you avoid these venues, but I do suggest that you take it slow (no matter where you buy) until you become more familiar with proper grading, valuation, and problem identification as a whole. Again, this all is meant only as friendly advice and food for thought.[/QUOTE]</p><p><br /></p>
[QUOTE="BooksB4Coins, post: 1778568, member: 36230"]If a so-called "deal" is your main focus, I fear that sooner or later you will be in for a big disappointment. The following is only meant as friendly advice, so feel free to take it as you wish. I, of course, cannot speak for every antique mall, but cabinets in those locally are (or were) all rented by dealers and were a great place to dump junk and/or problems for above average prices, even after paying rental fees and commission. Such places are more geared towards novelty and impulse buyers as opposed to knowledgeable collectors, and achieved prices often show this. From my own experience I can tell you that the best coins were almost always overlooked for those that seemed a “deal”; often more popular coins and dates would sell very quickly, even if problems were noted on the holder, as long as they were priced below common retail guides. While some sellers would claim grades above what a coin really was, others would leave it up to buyer knowing full well that most people cannot grade and will focus more on price, but either way the point was to squeeze the most money possible out of coins that elsewhere would sell for somewhat to substantially less. The same can go for antique shops; I am close to an antiquing area and used to handle coins for a number of them. Overwhelmingly, the best sellers were dreck sold to people who wanted the novelty of something “old” or were thinking they were getting a deal. Of course there are and were exceptions, but I urge you not to assume that because an establishment may not appear to have an “expert staff”, it is ripe for the picking. Please understand that I am not saying that you avoid these venues, but I do suggest that you take it slow (no matter where you buy) until you become more familiar with proper grading, valuation, and problem identification as a whole. Again, this all is meant only as friendly advice and food for thought.[/QUOTE]
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