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I'm done buying coins at an auction. If you never been to a coin auction, read this!
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<p>[QUOTE="buddy16cat, post: 1489859, member: 37356"]I tend to think that you can have issues no matter where you buy coins from. I have got fair deals from Ebay but see coins, especially silver coins going for way to much. I read that flea markets and antique shops are good but encountered a dealer at an antique flea market grossly overcharging. I got deals at coin shows but did see a dealer who was a Graysheet Gary who wants to pull out the sheet even when selling junk silver. I got really good deals from a local PM dealer but last time I went I took two coins back because I thought I was overcharged and one coin was a problem coin and was sold the wrong sized airtights. Another dealer though charged higher for everything sold by this PM dealer. I think though from what I encountered dealers fit those categories you talk about, you have Graysheet Gary's, collectors who know a fair price, and PM dealers. If I was buying silver coins, the PM dealer will give you the best deal but may not have that many quality coins. I got my best deals from a bullion dealer. The collector is always best to deal with when buying because they would have quality coins and know what to charge for them. The Redbook Ron's or Graysheet Gary's are the worst. They want the listed price which is often higher than the coins true value. I do think though some coins go for higher at auctions while different coins go for their true value. I would never get the price I got for some coins at the PM shop or at a show from a collector on Ebay on some coins where I know I paid less on Ebay than at a coin show or shop. I have only been buying coins since March so I am concerned about overpaying. I believe I overpaid once on some foreign coins at a flea market but was taking a chance that they were silver kind of like those unsearched rolls.[/QUOTE]</p><p><br /></p>
[QUOTE="buddy16cat, post: 1489859, member: 37356"]I tend to think that you can have issues no matter where you buy coins from. I have got fair deals from Ebay but see coins, especially silver coins going for way to much. I read that flea markets and antique shops are good but encountered a dealer at an antique flea market grossly overcharging. I got deals at coin shows but did see a dealer who was a Graysheet Gary who wants to pull out the sheet even when selling junk silver. I got really good deals from a local PM dealer but last time I went I took two coins back because I thought I was overcharged and one coin was a problem coin and was sold the wrong sized airtights. Another dealer though charged higher for everything sold by this PM dealer. I think though from what I encountered dealers fit those categories you talk about, you have Graysheet Gary's, collectors who know a fair price, and PM dealers. If I was buying silver coins, the PM dealer will give you the best deal but may not have that many quality coins. I got my best deals from a bullion dealer. The collector is always best to deal with when buying because they would have quality coins and know what to charge for them. The Redbook Ron's or Graysheet Gary's are the worst. They want the listed price which is often higher than the coins true value. I do think though some coins go for higher at auctions while different coins go for their true value. I would never get the price I got for some coins at the PM shop or at a show from a collector on Ebay on some coins where I know I paid less on Ebay than at a coin show or shop. I have only been buying coins since March so I am concerned about overpaying. I believe I overpaid once on some foreign coins at a flea market but was taking a chance that they were silver kind of like those unsearched rolls.[/QUOTE]
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I'm done buying coins at an auction. If you never been to a coin auction, read this!
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