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<p>[QUOTE="Detecto92, post: 1329057, member: 75105"]This summer a "hotel buyer" set up shop in a local hotel.</p><p><br /></p><p>They had a huge full color ad in the paper.</p><p><br /></p><p>At the time, silver coins had a value of about 30x face. </p><p><br /></p><p>It said in the ad, "Up to 8 times face value for your silver coins".</p><p><br /></p><p>Yup, 80 cents for a dime, $2.00 for a quarter, $4.00 for a half, and $8 for Silver dollars.</p><p><br /></p><p>I go to yard sales quite a bit in the summer, often asking people if they had any old coins.</p><p><br /></p><p>Many times, "Oh I took them to that coin shop in the hotel".</p><p><br /></p><p>My heart sunk.</p><p><br /></p><p>You will not believe how many older people have coins. Many know little of their value. </p><p><br /></p><p>As a coin buyer, yes you cannot pay full value, because you have to make money off of it.</p><p><br /></p><p>But to pay so little, is unethical.</p><p><br /></p><p>Your taking advantage of people by doing that.[/QUOTE]</p><p><br /></p>
[QUOTE="Detecto92, post: 1329057, member: 75105"]This summer a "hotel buyer" set up shop in a local hotel. They had a huge full color ad in the paper. At the time, silver coins had a value of about 30x face. It said in the ad, "Up to 8 times face value for your silver coins". Yup, 80 cents for a dime, $2.00 for a quarter, $4.00 for a half, and $8 for Silver dollars. I go to yard sales quite a bit in the summer, often asking people if they had any old coins. Many times, "Oh I took them to that coin shop in the hotel". My heart sunk. You will not believe how many older people have coins. Many know little of their value. As a coin buyer, yes you cannot pay full value, because you have to make money off of it. But to pay so little, is unethical. Your taking advantage of people by doing that.[/QUOTE]
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