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<p>[QUOTE="medoraman, post: 1340903, member: 26302"]Great story Matt. </p><p><br /></p><p>Listen, I know everyone wants bargains, its human nature. But coin collecting is also a learning curve. Starting the curve you REALLY need the help of a good dealer to show you a good coin versus a bad one, how to buy, etc. They may SEEM high, but that is the value of a good coin. Once you get a few years under your belt, then you can go to places like you describe. Trust me, when you go back to a lot of these places you will instantly see how much of what they sell is junk, and you would not even consider buying them at any price. Yes, occasionally you can get a good coin, but I have walked in to local coin auctions, spent 5 minutes looking at lots, and just walked out. This was a 350 lot auction, and simply nothing there I wished to own. Other times I got lucky and few people showed up, and they were nice original coins, so I bought most of them. Those kinds of auctions are RARE. Most are the first variety.</p><p><br /></p><p>Point is, Matt is on target. This seller skipped the part of learning to know good coins, and simply led face first with his wallet. Many people do the same, thinking they don't need to "overpay" at a dealer. I had told this story before, but my favorite dealer growing up had a standing order with a local auctioneer. He bought about 2 rolls of crummy silver dollars, a scattering of "problem" type coins, and a cheap, crummy gold coin. This was EVERY SINGLE WEEK. The prices back then were about $5 per silver dollar, (they were really crummy). I went to the auction one time and all of them sold for between $10-15. The dealer knew this was going on, but told me, "Its not my problem people want to overpay. I cannot educate anyone if they refuse to buy from me".</p><p><br /></p><p>I know this advise is repeated OP, its just we are trying to help. I have a bunch of crummy, cleaned coins I bought when I was younger because they were "deals". Well, today they are still crummy coins that I don't like, and never will. I did buy some good coins from that dealer, and I still cherish them.[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 1340903, member: 26302"]Great story Matt. Listen, I know everyone wants bargains, its human nature. But coin collecting is also a learning curve. Starting the curve you REALLY need the help of a good dealer to show you a good coin versus a bad one, how to buy, etc. They may SEEM high, but that is the value of a good coin. Once you get a few years under your belt, then you can go to places like you describe. Trust me, when you go back to a lot of these places you will instantly see how much of what they sell is junk, and you would not even consider buying them at any price. Yes, occasionally you can get a good coin, but I have walked in to local coin auctions, spent 5 minutes looking at lots, and just walked out. This was a 350 lot auction, and simply nothing there I wished to own. Other times I got lucky and few people showed up, and they were nice original coins, so I bought most of them. Those kinds of auctions are RARE. Most are the first variety. Point is, Matt is on target. This seller skipped the part of learning to know good coins, and simply led face first with his wallet. Many people do the same, thinking they don't need to "overpay" at a dealer. I had told this story before, but my favorite dealer growing up had a standing order with a local auctioneer. He bought about 2 rolls of crummy silver dollars, a scattering of "problem" type coins, and a cheap, crummy gold coin. This was EVERY SINGLE WEEK. The prices back then were about $5 per silver dollar, (they were really crummy). I went to the auction one time and all of them sold for between $10-15. The dealer knew this was going on, but told me, "Its not my problem people want to overpay. I cannot educate anyone if they refuse to buy from me". I know this advise is repeated OP, its just we are trying to help. I have a bunch of crummy, cleaned coins I bought when I was younger because they were "deals". Well, today they are still crummy coins that I don't like, and never will. I did buy some good coins from that dealer, and I still cherish them.[/QUOTE]
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