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<p>[QUOTE="Vroomer2, post: 1180856, member: 80251"]In<b> "Random Order":</b></p><p><b><br /></b></p><p><b>1</b>: Save your money for "bigger" purchases. Do odd jobs: mow grass, lifeguard, part time summer job, etc.</p><p> </p><p><b>2</b>: <b>Bring cash</b> to the dealer/shows. Go to shows. By the end of the show, all the "major" money has traded hands already and it's time for the dealers to go. Some don't stick around the full last day. You can bargain better with someone who doesn't want to take coins back. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" /> (If you bring a check book and the dealer doesn't know you, you will get the coins after the check clears.)</p><p> </p><p><b>3</b>: Don't be afraid to walk form a coin or purchase.</p><p> </p><p><b>5:</b> Find a local dealer to <b>establish a relationship</b> with. Large or small, dealer remember regular customers. "That's so-and-so. He's into silver. That's Mr. Vest. he's a Vest-pocket-dealer. That's the bust halves kid." Now, some are like that. However, you'll get on a 1st name basis eventually.</p><p> </p><p><b>4:</b> Get an "old" grey sheet. Carry it. Glance at it a little. Ask that dealer you have established a relationship with if you can get the one from last week or a few weeks ago. (When you can afford it and need it, get the 2 year subscription.)</p><p> </p><p><b>6:</b> <b>ALWAYS</b> ask for a better price. When you get your relationship with a dealer, you will get to know when it is appropriate to ask for a better price and when it is not. In buying common MS65 Morgans at my local dealer, I don't ask. They are near bid/ask, or lower, already. For a coin over $500, I will always ask. Don't be afraid to ask a dealer: "What are you in for this one? And how much do you want to make?" You are asking him what he paid for it and how much he wants to profit. A business needs to make money to stay in business and you are helping by paying a little more than what they got the coin for. I do not consider this rude. Supply (the dealer) meeting demand (the collector).</p><p> </p><p><b>7:</b> <b>Educate yourself.</b> I'm going to assume you are the coin collector in the family. Get smart on your own. Go to the library and check out books on counterfiets and grading. There are free resources on the internet. USE THEM. You cannot afford to buy a $2.50 Liberty Head Quarter Eagle, sight unseen (bought by my little bro. he had eyes on), submit it to the PCGS, and get it back in a body bag as counterfiet.</p><p> </p><p> </p><p>So. To sum up: Bring cash, bring a grey sheet, ask for their best price. Walk if you need to. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>
[QUOTE="Vroomer2, post: 1180856, member: 80251"]In[B] "Random Order":[/B] [B] 1[/B]: Save your money for "bigger" purchases. Do odd jobs: mow grass, lifeguard, part time summer job, etc. [B]2[/B]: [B]Bring cash[/B] to the dealer/shows. Go to shows. By the end of the show, all the "major" money has traded hands already and it's time for the dealers to go. Some don't stick around the full last day. You can bargain better with someone who doesn't want to take coins back. :) (If you bring a check book and the dealer doesn't know you, you will get the coins after the check clears.) [B]3[/B]: Don't be afraid to walk form a coin or purchase. [B]5:[/B] Find a local dealer to [B]establish a relationship[/B] with. Large or small, dealer remember regular customers. "That's so-and-so. He's into silver. That's Mr. Vest. he's a Vest-pocket-dealer. That's the bust halves kid." Now, some are like that. However, you'll get on a 1st name basis eventually. [B]4:[/B] Get an "old" grey sheet. Carry it. Glance at it a little. Ask that dealer you have established a relationship with if you can get the one from last week or a few weeks ago. (When you can afford it and need it, get the 2 year subscription.) [B]6:[/B] [B]ALWAYS[/B] ask for a better price. When you get your relationship with a dealer, you will get to know when it is appropriate to ask for a better price and when it is not. In buying common MS65 Morgans at my local dealer, I don't ask. They are near bid/ask, or lower, already. For a coin over $500, I will always ask. Don't be afraid to ask a dealer: "What are you in for this one? And how much do you want to make?" You are asking him what he paid for it and how much he wants to profit. A business needs to make money to stay in business and you are helping by paying a little more than what they got the coin for. I do not consider this rude. Supply (the dealer) meeting demand (the collector). [B]7:[/B] [B]Educate yourself.[/B] I'm going to assume you are the coin collector in the family. Get smart on your own. Go to the library and check out books on counterfiets and grading. There are free resources on the internet. USE THEM. You cannot afford to buy a $2.50 Liberty Head Quarter Eagle, sight unseen (bought by my little bro. he had eyes on), submit it to the PCGS, and get it back in a body bag as counterfiet. So. To sum up: Bring cash, bring a grey sheet, ask for their best price. Walk if you need to. :)[/QUOTE]
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