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<p>[QUOTE="National dealer, post: 10008, member: 487"]Every so often these motel buyers will come into various cities and run major ads in the newspapers offering to buy coins and collectibles. They run ads stating that they buy all old coins at 3 times face or better. Many sell their coins at such events because they have no idea of where else to sell. The woman that rolled up her seated half, just did not have any idea of how much they were worth or that people actually bought such things. </p><p>Too often, these are older people that get taken advantage of in every aspect. </p><p>Tradernick could be right. A few vest pocket dealers/flea marketers will make these low offers hoping that they can make their profit margins grow. </p><p>One of my hopes is that one day I will be able to tell someone that they own a very valuable coin. Mr. Montgomery formally of Bowers and Merena had that opportunity at the ANA show in Baltimore. He was the one that got to inform the family of the 1913 Nickel that "yes, they own a million dollar coin". I think that it would bring me as much joy as it would the owner of the coin to do just that. </p><p>Now there aren't any missing million dollar coins any longer, but rare and valuable pieces are just waiting to be discovered.[/QUOTE]</p><p><br /></p>
[QUOTE="National dealer, post: 10008, member: 487"]Every so often these motel buyers will come into various cities and run major ads in the newspapers offering to buy coins and collectibles. They run ads stating that they buy all old coins at 3 times face or better. Many sell their coins at such events because they have no idea of where else to sell. The woman that rolled up her seated half, just did not have any idea of how much they were worth or that people actually bought such things. Too often, these are older people that get taken advantage of in every aspect. Tradernick could be right. A few vest pocket dealers/flea marketers will make these low offers hoping that they can make their profit margins grow. One of my hopes is that one day I will be able to tell someone that they own a very valuable coin. Mr. Montgomery formally of Bowers and Merena had that opportunity at the ANA show in Baltimore. He was the one that got to inform the family of the 1913 Nickel that "yes, they own a million dollar coin". I think that it would bring me as much joy as it would the owner of the coin to do just that. Now there aren't any missing million dollar coins any longer, but rare and valuable pieces are just waiting to be discovered.[/QUOTE]
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Need your opinions, RE: Coin Deal
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