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<p>[QUOTE="Arizona Jack, post: 344509, member: 9308"]OK, all rested up and ready to cap off my Saturday.....</p><p> </p><p>In a very reflective mood, you will see why. I'll get the buying out of the way quick. Added a bunch of stuff to my pockets, both raw and plastisized, yes, I bought a bunch of slabbers today. Spent my money again, not going back tommorow, seen it all 3 times and whats left I have no interest in.</p><p> </p><p>I could not help but notice the amount of "general public new/no -bies" lining up the supply table buying Whitman folders, 2x2's, standing in line to buy state quarters, kids eyes wild with excitement looking at the displays, carrying around the YN treasure hunt forms.....collecting is healthy, a good sign. The Pres Dollar booth ( I think it was the actual mint booth, not sure ) had a constant line of traffic and generated ALOT of interest.</p><p> </p><p>I saw the 1913 Liberty Nickel again today. Yep, it's a nickel. Thats what I got out if, same as last time. I felt cheated, lol....where's the thrill...</p><p> </p><p>Had a good 15 min with David Lange during a slow time at the NGC booth, actually all the Big4 TPG's looked slower today than yesterday. I can announce with pride and joy...my avatar passed the muster, Lange called it a true GEM 65RD, and urged me to submit it, saying the show light is misleading ( see, an expert agrees with me ) and original color " could" be an issue on these early Lincolns....but he said mine should be no prob a gem slabber for sure. Awesome. A true Ebay cherry pick story.</p><p> </p><p>Now , on to the "meat" of my Saturday.</p><p> </p><p>I brought with me a bunch of raw Morgans, about 8 decent coins in flips, ungraded and no inserts with "my" grade or price. Raw as raw gets. What soon followed scared the "H" out of me.</p><p> </p><p>I will have to say, it was an experience I will not soon forget, and that EVERYONE needs to do on occasion. I will admit, it has been ages since I have tried to sell to a dealer across the table, and when I read the threads about how healthy it is to keep you "grounded in reality", I would think to myself " bahhh humbuggg" selling coins for profit is easy, whats the big deal?</p><p> </p><p>Well, the first thing I learned ( and I'm being a tad sarcastic here ) is: ALL raw coins are junk. Spend em. Melt them. They are so worthless, why do you even own them? Something is wrong with them or you would have SURELY had them slabbed !!!</p><p> </p><p>Ok, enough of that. Now, there are several ways a dealer can buy across the table or decline to buy. The gentleman way to pass on avg 63 Morgans, common as dirt, would be the " No Thank You, these are not what I handle" or " There is nothing special here, I would not be a strong buyer on these". I did get a cpl responses like that. I had a few that tempted my patience and made me bite my tongue. Some outright rude. I will not name names.</p><p> </p><p>I was lucky enought to get from them about 80% of what I paid, because I had took them in a package deal and paid a percentage of bid myself.</p><p> </p><p>The experience really opened my eyes to the fact that one day, perhaps my daughter will be in those shoes, and THATS what scared the H outta me.</p><p> </p><p>One needs to understand, when you are selling, knowledge is king and be prepared to get SOOOO lowballed it borders on criminality. My daughter will get RIPPED when selling my collection IF I DO NOT PROPERLY prepare her or leave preperations FOR her. I tend to believe a blind walkin to a B&M will offer same results.</p><p> </p><p>This is where consignment auctions are the obvious choice. The fee and costs associated will GREATLY raise the chance that the coins will sell for close to what they are worth. Of course, if you have junk, it will not really matter, but you folks with nice collections, carefully assembled and with an eye for quality, really need to consider this.</p><p> </p><p>I spent the rest of the day with many thoughts in my head. It's a dog eat dog arena, and today I think the score is " Lions 1, Christians 0 " LOL, I saw alot of folks getting hurt unknowingly, as the general public really wandered in with their little jars and bags full of coins to sell. Like dumping a bag of goldfish in my aquarium full of Cichlids....I felt the pain. $20 silver and $1000 gold really helps to get them folks down to the show, yannow?</p><p> </p><p>Having spent myself broke again, a bit of dissapointment set in after my experiment gave me a whack of reality to the side of the head, my lack of wonder and awe looking at a 1913 Lib nickel from 6 inches away, and seeing piles after piles and stacks ( no pun, Stacks had some nice stuff ) of generic Morgans and gold in plastic ( alot of them with stickers) , it was time to leave.</p><p> </p><p>The biggest coin show in my Arizona lifetime was over for me, I grew mentaly more in 2 days than I have in 5 years of coin clubs, local shows and as a VP dealer on the bay. With the money show winding down, the spring warming up, and the thrill of the weekend fading, I drove home in a very reflective mood. I made some new friends, met some great Cointalkers, Monkeyman, Magman, GDJMSP, Jd White, Mark Feld, THANKS to all of you for making my weekend one to long remember.</p><p> </p><p>Bring on the summer Arizona heat, bring the dust back to our little town, the dealers will pack up and will move on to the next show, and Phoenix will return to normal. I will look forward to April and a trip to Michigan, the big MSNS show,oops, I mean family vacation... just a coincidence I choose that week......ya think?</p><p> </p><p>EDIT: I cannot finish this thread without thanking and giving a high 5 to the Mesa Coin Club and the ANA. Smooth and flawless...well done folks, I am proud to be a member of both.[/QUOTE]</p><p><br /></p>
[QUOTE="Arizona Jack, post: 344509, member: 9308"]OK, all rested up and ready to cap off my Saturday..... In a very reflective mood, you will see why. I'll get the buying out of the way quick. Added a bunch of stuff to my pockets, both raw and plastisized, yes, I bought a bunch of slabbers today. Spent my money again, not going back tommorow, seen it all 3 times and whats left I have no interest in. I could not help but notice the amount of "general public new/no -bies" lining up the supply table buying Whitman folders, 2x2's, standing in line to buy state quarters, kids eyes wild with excitement looking at the displays, carrying around the YN treasure hunt forms.....collecting is healthy, a good sign. The Pres Dollar booth ( I think it was the actual mint booth, not sure ) had a constant line of traffic and generated ALOT of interest. I saw the 1913 Liberty Nickel again today. Yep, it's a nickel. Thats what I got out if, same as last time. I felt cheated, lol....where's the thrill... Had a good 15 min with David Lange during a slow time at the NGC booth, actually all the Big4 TPG's looked slower today than yesterday. I can announce with pride and joy...my avatar passed the muster, Lange called it a true GEM 65RD, and urged me to submit it, saying the show light is misleading ( see, an expert agrees with me ) and original color " could" be an issue on these early Lincolns....but he said mine should be no prob a gem slabber for sure. Awesome. A true Ebay cherry pick story. Now , on to the "meat" of my Saturday. I brought with me a bunch of raw Morgans, about 8 decent coins in flips, ungraded and no inserts with "my" grade or price. Raw as raw gets. What soon followed scared the "H" out of me. I will have to say, it was an experience I will not soon forget, and that EVERYONE needs to do on occasion. I will admit, it has been ages since I have tried to sell to a dealer across the table, and when I read the threads about how healthy it is to keep you "grounded in reality", I would think to myself " bahhh humbuggg" selling coins for profit is easy, whats the big deal? Well, the first thing I learned ( and I'm being a tad sarcastic here ) is: ALL raw coins are junk. Spend em. Melt them. They are so worthless, why do you even own them? Something is wrong with them or you would have SURELY had them slabbed !!! Ok, enough of that. Now, there are several ways a dealer can buy across the table or decline to buy. The gentleman way to pass on avg 63 Morgans, common as dirt, would be the " No Thank You, these are not what I handle" or " There is nothing special here, I would not be a strong buyer on these". I did get a cpl responses like that. I had a few that tempted my patience and made me bite my tongue. Some outright rude. I will not name names. I was lucky enought to get from them about 80% of what I paid, because I had took them in a package deal and paid a percentage of bid myself. The experience really opened my eyes to the fact that one day, perhaps my daughter will be in those shoes, and THATS what scared the H outta me. One needs to understand, when you are selling, knowledge is king and be prepared to get SOOOO lowballed it borders on criminality. My daughter will get RIPPED when selling my collection IF I DO NOT PROPERLY prepare her or leave preperations FOR her. I tend to believe a blind walkin to a B&M will offer same results. This is where consignment auctions are the obvious choice. The fee and costs associated will GREATLY raise the chance that the coins will sell for close to what they are worth. Of course, if you have junk, it will not really matter, but you folks with nice collections, carefully assembled and with an eye for quality, really need to consider this. I spent the rest of the day with many thoughts in my head. It's a dog eat dog arena, and today I think the score is " Lions 1, Christians 0 " LOL, I saw alot of folks getting hurt unknowingly, as the general public really wandered in with their little jars and bags full of coins to sell. Like dumping a bag of goldfish in my aquarium full of Cichlids....I felt the pain. $20 silver and $1000 gold really helps to get them folks down to the show, yannow? Having spent myself broke again, a bit of dissapointment set in after my experiment gave me a whack of reality to the side of the head, my lack of wonder and awe looking at a 1913 Lib nickel from 6 inches away, and seeing piles after piles and stacks ( no pun, Stacks had some nice stuff ) of generic Morgans and gold in plastic ( alot of them with stickers) , it was time to leave. The biggest coin show in my Arizona lifetime was over for me, I grew mentaly more in 2 days than I have in 5 years of coin clubs, local shows and as a VP dealer on the bay. With the money show winding down, the spring warming up, and the thrill of the weekend fading, I drove home in a very reflective mood. I made some new friends, met some great Cointalkers, Monkeyman, Magman, GDJMSP, Jd White, Mark Feld, THANKS to all of you for making my weekend one to long remember. Bring on the summer Arizona heat, bring the dust back to our little town, the dealers will pack up and will move on to the next show, and Phoenix will return to normal. I will look forward to April and a trip to Michigan, the big MSNS show,oops, I mean family vacation... just a coincidence I choose that week......ya think? EDIT: I cannot finish this thread without thanking and giving a high 5 to the Mesa Coin Club and the ANA. Smooth and flawless...well done folks, I am proud to be a member of both.[/QUOTE]
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