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<p>[QUOTE="hiho, post: 880854, member: 21869"]I have been collecting coins since I was 12 years old with the help of my father. He taught me how to grade and buy coins and pick honest dealers. His best advice was to return a coin once in awhile if I wasn't satisfied to test the dealer who sold it. If a dealer wouldn't allow a reasonable return it was time to find a new dealer.</p><p> </p><p>When I was in my mid 20's I hit upon some hard times and had to sell a nearly complete collection of Mint State Mercury dimes, most with full split bands. These were purchased by mail from Harold B Weitz in PA, he had amazing coins and was honest and pleasant. </p><p> </p><p>I checked the phone book (this was way before the internet) and went to five local coin dealers to see what they offered.</p><p> </p><p>I acted dumb and found that two dealers totally low balled me and wanted to give me no more than the silver price. Ten cents on the dollar perhaps. Two other dealers gave me a better offer, maybe 25 cents on the dollar. The fifth and final dealer offered me almost 50 cents on the dollar. I sold him the coins and after I got back on my feet I made it a point to buy something from him every week until I moved back to New York.</p><p> </p><p>The saddest part was one of the worst dealers worked out of a Catholic church thrift shop. I can only imagine all of the unfortunate widows he ripped off with no remorse while saying "God Bless you". Thou shall not lie!</p><p> </p><p>There have been and always will be good coin dealers and bad coin dealers. Ignore the bad ones and support the good. And never judge a book by its cover...[/QUOTE]</p><p><br /></p>
[QUOTE="hiho, post: 880854, member: 21869"]I have been collecting coins since I was 12 years old with the help of my father. He taught me how to grade and buy coins and pick honest dealers. His best advice was to return a coin once in awhile if I wasn't satisfied to test the dealer who sold it. If a dealer wouldn't allow a reasonable return it was time to find a new dealer. When I was in my mid 20's I hit upon some hard times and had to sell a nearly complete collection of Mint State Mercury dimes, most with full split bands. These were purchased by mail from Harold B Weitz in PA, he had amazing coins and was honest and pleasant. I checked the phone book (this was way before the internet) and went to five local coin dealers to see what they offered. I acted dumb and found that two dealers totally low balled me and wanted to give me no more than the silver price. Ten cents on the dollar perhaps. Two other dealers gave me a better offer, maybe 25 cents on the dollar. The fifth and final dealer offered me almost 50 cents on the dollar. I sold him the coins and after I got back on my feet I made it a point to buy something from him every week until I moved back to New York. The saddest part was one of the worst dealers worked out of a Catholic church thrift shop. I can only imagine all of the unfortunate widows he ripped off with no remorse while saying "God Bless you". Thou shall not lie! There have been and always will be good coin dealers and bad coin dealers. Ignore the bad ones and support the good. And never judge a book by its cover...[/QUOTE]
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