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<p>[QUOTE="TonyCoin, post: 2231206, member: 75639"]Recently, I had taken in some coins to a local, numismatic certified dealer. Very high end jewelry/coin store.</p><p><br /></p><p>They advertise on their site that they pretty much interested in buying most american coins and currency, but when I bring it in to show them the items. For instance, I brought in some 1929 depression era currency that can bring in like 30 to 50 bucks a pop depending on their condition.</p><p><br /></p><p>I was told to go ahead and keep those particular items as the market isn't really in demand for them.</p><p><br /></p><p>Same thing happened with the Indian Head $2.50 coin, it fairs a good amount online, but they won't take it because of the "market." for them.</p><p><br /></p><p>Am I safe to assume that this dealer ONLY purchases based on what that particular store can flip? I was able to sell Wheat Pennies to them no problem as it is high in demand, but if that store doesn't think it can turn it over for a profit or they KNOW that no customers have been coming into the store asking for it, they won't even buy it.</p><p><br /></p><p>Am I right in thinking this?[/QUOTE]</p><p><br /></p>
[QUOTE="TonyCoin, post: 2231206, member: 75639"]Recently, I had taken in some coins to a local, numismatic certified dealer. Very high end jewelry/coin store. They advertise on their site that they pretty much interested in buying most american coins and currency, but when I bring it in to show them the items. For instance, I brought in some 1929 depression era currency that can bring in like 30 to 50 bucks a pop depending on their condition. I was told to go ahead and keep those particular items as the market isn't really in demand for them. Same thing happened with the Indian Head $2.50 coin, it fairs a good amount online, but they won't take it because of the "market." for them. Am I safe to assume that this dealer ONLY purchases based on what that particular store can flip? I was able to sell Wheat Pennies to them no problem as it is high in demand, but if that store doesn't think it can turn it over for a profit or they KNOW that no customers have been coming into the store asking for it, they won't even buy it. Am I right in thinking this?[/QUOTE]
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