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<p>[QUOTE=&quot;Player11, post: 1291437, member: 26725&quot;]A lot of shops make their money by buying coins &quot;right&quot; in other words getting a good rip. I am surprised the guy did not toss you out considering such a huge rip. Perhaps he was scared of some kind of trouble with the law.</p><p><br /></p><p>A guy at a show (Karl) told me he got a really good rip on some nice sabbed common date Morgans he got at melt from someone who answered his ad off Craigs List. He was going around the show flipping them, common dates in 64 and 65 but he really cleaned up. Perhaps the seller he bought them from was a thief who stole them (ignorant of coins) either way this guy meets the sellers like at a McDonalds, pays cash, and leaves. Karl will try to feel them out to see what they know. He says getting a good description over the phone is critical in seeing if it is worthwhile to meet. Most of the callers reject his low ball offers but the ones who don&#039;t he says it pays off big time for him. He says &quot;I was getting clobbered by the recession at shows and the ebay buyers won&#039;t pay anything unless its some auction starting at 99c so I started doing this. Only way to really make money in the coin business nowadays is bullion uptick or getting a good rip&quot; I don&#039;t know if he was bragging or confessing LOL.</p><p><br /></p><p>Not many dealers will brag about something like this, I was surprised he was so candid.[/QUOTE]</p><p><br /></p>

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