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<p>[QUOTE="Owle, post: 927537, member: 22004"]The few coins I have seen bought or not bought, involved bringing in an expert who knew about the rare coin or note, and gave a fair estimate. That is the way it should be. These pawn shop buyers are not competant as coin graders or valuers--but this does wonders for their credibility where I am sure that they did not call the expert in the past but gave the desperate seller 10 cents on the dollar as most pawn shops do. There was a case where a fellow came in with a one of a kind rare note, I think going back to the 1700's. Rick called the classic Americana expert in who said the item would bring big, big money at auction. Rick said he had to sell it to him because he had gone to all the trouble of bringing in the expert. I felt bad for the guy who was getting more money than he expected, but a lot less than the note was worth very likely. All of us have had the experience of the critical analysis or the hard-nosed buyer, who will not take no for an answer. </p><p> </p><p>I would like to see a similar show addressing the selling of jewelry to several buyers in the trade. This is going on big time and I am sure the sellers of heirloom jewelry are not getting the right percentage of melt. I have seen the refiner's ads aimed at high volume coin and gold buyers, and I would like to see people get top dollar for their jewelry. You could do an undercover operation, checking out the full range of prices offered for jewelry at various shops. Of course, the pawn shops tend to offer a lot less than the coin shops.[/QUOTE]</p><p><br /></p>
[QUOTE="Owle, post: 927537, member: 22004"]The few coins I have seen bought or not bought, involved bringing in an expert who knew about the rare coin or note, and gave a fair estimate. That is the way it should be. These pawn shop buyers are not competant as coin graders or valuers--but this does wonders for their credibility where I am sure that they did not call the expert in the past but gave the desperate seller 10 cents on the dollar as most pawn shops do. There was a case where a fellow came in with a one of a kind rare note, I think going back to the 1700's. Rick called the classic Americana expert in who said the item would bring big, big money at auction. Rick said he had to sell it to him because he had gone to all the trouble of bringing in the expert. I felt bad for the guy who was getting more money than he expected, but a lot less than the note was worth very likely. All of us have had the experience of the critical analysis or the hard-nosed buyer, who will not take no for an answer. I would like to see a similar show addressing the selling of jewelry to several buyers in the trade. This is going on big time and I am sure the sellers of heirloom jewelry are not getting the right percentage of melt. I have seen the refiner's ads aimed at high volume coin and gold buyers, and I would like to see people get top dollar for their jewelry. You could do an undercover operation, checking out the full range of prices offered for jewelry at various shops. Of course, the pawn shops tend to offer a lot less than the coin shops.[/QUOTE]
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