Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
Is anybody noticing?
>
Reply to Thread
Message:
<p>[QUOTE="clembo, post: 394723, member: 8033"]Well said JeanKay.</p><p><br /></p><p>I really see my share of seniors cashing in coins these days. I hate it every time honestly - especially when it's stuff like circulated Ikes and Bicentennials. I hand these back as spendable or we buy them at face so they don't have to carry them around.</p><p><br /></p><p>There is really no market for those from a dealers view folks, believe me. We recently dumped $600 worth of BiCentennial quarters at the bank for face value. We do this as a favor basically.</p><p><br /></p><p>My boss is going to be 65 next week as it is. He's been a shop owver for 40 years and I'm sure it bothers him even more.</p><p><br /></p><p>We buy the silver coins, wheats, class rings from the 30s, pocket watches, crap they bought on TV, and the list goes on.</p><p><br /></p><p>We are a business after all and if we don't buy it someone else will and probably at a much lower rate. </p><p>What got me into the shop in the FIRST place was buying supplies so I could sell to make ends meet. This at the ripe old age of 46!</p><p><br /></p><p>Anyone that thinks the economy is fine right now should spend a few hours in a shop. It's VERY sobering believe me.</p><p>I'll guarantee the boss spent over $10,000 today on walk ins. Tomorrow he'll be conectrating on moving big lots wholesale so he can buy more.</p><p><br /></p><p>Crazy folks and a seemingly never ending cycle right now.[/QUOTE]</p><p><br /></p>
[QUOTE="clembo, post: 394723, member: 8033"]Well said JeanKay. I really see my share of seniors cashing in coins these days. I hate it every time honestly - especially when it's stuff like circulated Ikes and Bicentennials. I hand these back as spendable or we buy them at face so they don't have to carry them around. There is really no market for those from a dealers view folks, believe me. We recently dumped $600 worth of BiCentennial quarters at the bank for face value. We do this as a favor basically. My boss is going to be 65 next week as it is. He's been a shop owver for 40 years and I'm sure it bothers him even more. We buy the silver coins, wheats, class rings from the 30s, pocket watches, crap they bought on TV, and the list goes on. We are a business after all and if we don't buy it someone else will and probably at a much lower rate. What got me into the shop in the FIRST place was buying supplies so I could sell to make ends meet. This at the ripe old age of 46! Anyone that thinks the economy is fine right now should spend a few hours in a shop. It's VERY sobering believe me. I'll guarantee the boss spent over $10,000 today on walk ins. Tomorrow he'll be conectrating on moving big lots wholesale so he can buy more. Crazy folks and a seemingly never ending cycle right now.[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
Is anybody noticing?
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...