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Recycled Article No. 1: Coin Show Etiquette
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<p>[QUOTE="Vegas Vic, post: 1985072, member: 58810"]To each his/her own. Some here enjoy and value their relationships with dealers. I have nothing disparaging to say about this idea.</p><p><br /></p><p>What I do have to say is a relationship with a dealer is not necessary in today's world. I have posted many of my coins here. All but two were purchased on line.I feel no need to collect any specific coin or series and thus I am not bound to "need" any particular coin and thus need no specific dealer. To get my money, every collector selling and every dealer selling on line must compete with everyone and their mother who is online for my money.</p><p><br /></p><p>By no means am I claiming to be an expert. I have made some mistakes. But if i, a self admitted non expert has bought coins that a dealer immediately offers 98-100% of the purchase price on some to many of my coins the it proves two things.</p><p><br /></p><p>1. The deals are out there on line if you have the time and motivation you can buy really nice coins for great prices. The fact that I was able to proves not that I am talented but that it is there for anyone to get.</p><p><br /></p><p>2. While it can be useful to some, any relationship with a dealer is now optional, not manditory. I feel that my personal collection proves this. Many people on this site like my coins. All but two were obtained online. Many for good prices. The only ones I paid a significant mark up were some of my coinfacts coins. I pay a stupid premium for the right to see my coin on the coinfacts website. I have definately made my share of mistakes in coins but they grow fewer as my buying advances.</p><p><br /></p><p>I have nothing against coin dealers. They provide a necessary function. Or at least they used to. But look at it like this. Before people would meet in a bar.</p><p>Now one in about three romantic relationships is arranged totally online. Bars still sell beer and people still meet there. But there are fewer people there because options are available today that didn't exist yesterday. Everything is moving on line. I buy tons of stuff from Amazon because their prices are great and with prime I get free two day shipping. Why in the world would the coin market be sheltered from the Information Age when almost every other aspect of our lives has been changed by connectivity?</p><p><br /></p><p>Coin shows are great and coin dealers for the most part great. I still don't understand why this category of people in sales has one of the highest percentage of rude salesmen but that is nether here nor there. But while yesterday 100% of all transactions went through a coin dealer, this percentage slips daily as more and more old school collectors exit (polite term for dying) the field and guys like me and the geek and more importantly our money takes their place.</p><p><br /></p><p>Proper coin show behavior is nice but the entire need for a coin show lessens daily.</p><p><br /></p><p>Like I posted before a guy tried to get $310 from me for a pcgs thick Norse white 63. While standing in front of his table but not being obvious or rude about it I bought the exact same coin for $210 on ebay and even used ebucks to do it. Just one but a perfect example of the point I am making.</p><p><br /></p><p>In today's world, to get my money and others on this forum who share my ways, you have to have a better price then literally everyone else selling a coin on line. And as tomorrow becomes yesterday this will only become the rule as today's rule becomes tomorrow's exception.[/QUOTE]</p><p><br /></p>
[QUOTE="Vegas Vic, post: 1985072, member: 58810"]To each his/her own. Some here enjoy and value their relationships with dealers. I have nothing disparaging to say about this idea. What I do have to say is a relationship with a dealer is not necessary in today's world. I have posted many of my coins here. All but two were purchased on line.I feel no need to collect any specific coin or series and thus I am not bound to "need" any particular coin and thus need no specific dealer. To get my money, every collector selling and every dealer selling on line must compete with everyone and their mother who is online for my money. By no means am I claiming to be an expert. I have made some mistakes. But if i, a self admitted non expert has bought coins that a dealer immediately offers 98-100% of the purchase price on some to many of my coins the it proves two things. 1. The deals are out there on line if you have the time and motivation you can buy really nice coins for great prices. The fact that I was able to proves not that I am talented but that it is there for anyone to get. 2. While it can be useful to some, any relationship with a dealer is now optional, not manditory. I feel that my personal collection proves this. Many people on this site like my coins. All but two were obtained online. Many for good prices. The only ones I paid a significant mark up were some of my coinfacts coins. I pay a stupid premium for the right to see my coin on the coinfacts website. I have definately made my share of mistakes in coins but they grow fewer as my buying advances. I have nothing against coin dealers. They provide a necessary function. Or at least they used to. But look at it like this. Before people would meet in a bar. Now one in about three romantic relationships is arranged totally online. Bars still sell beer and people still meet there. But there are fewer people there because options are available today that didn't exist yesterday. Everything is moving on line. I buy tons of stuff from Amazon because their prices are great and with prime I get free two day shipping. Why in the world would the coin market be sheltered from the Information Age when almost every other aspect of our lives has been changed by connectivity? Coin shows are great and coin dealers for the most part great. I still don't understand why this category of people in sales has one of the highest percentage of rude salesmen but that is nether here nor there. But while yesterday 100% of all transactions went through a coin dealer, this percentage slips daily as more and more old school collectors exit (polite term for dying) the field and guys like me and the geek and more importantly our money takes their place. Proper coin show behavior is nice but the entire need for a coin show lessens daily. Like I posted before a guy tried to get $310 from me for a pcgs thick Norse white 63. While standing in front of his table but not being obvious or rude about it I bought the exact same coin for $210 on ebay and even used ebucks to do it. Just one but a perfect example of the point I am making. In today's world, to get my money and others on this forum who share my ways, you have to have a better price then literally everyone else selling a coin on line. And as tomorrow becomes yesterday this will only become the rule as today's rule becomes tomorrow's exception.[/QUOTE]
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