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<p>[QUOTE="Moen1305, post: 51128, member: 2544"]I know people that have robbed their fathers collection to go to the carnival. I saw it happen. I once was in a coin shop in downtown Chicago just browsing when a seedy looking character came in and started pulling slabbed coins out of his filthy jacket. The guys behind the counter would give him a couple of bucks and he'd go outside and get some more from his friend. The dealers shuffled their new purchases into the back room and never questioned where the two street people came by such fine coins. They didn't care that these were almost certainly stolen because they were making a killing. I lost all respect for coin dealers that day and haven't been able to trust them since. My local dealer is selling bison coins for 6 dollars a roll. I get them from the bank for two dollars. I know that they are in business to make money and giving out too much information to ignorant people can cost them plenty but nothing says that I have to help them by buying or selling through them. I have a much better method of collecting coins that doesn't screw anybody. In the want ads, I offer to buy entire collections that have coins I want that have either been left by a dead family member or just people that need the money. I tell them to go the the local dealer and get an offer in writing and I'll pay more than he offers them. He offers about 50% of value, I pay 60%. I get rid of the coins I don't need and keep the ones that I do need. It almost pays for itself and everyone is happy. I am simply undercutting the local guy who pretty much screws the local collectors. I don't seem to mind screwing the local deals at all.[/QUOTE]</p><p><br /></p>
[QUOTE="Moen1305, post: 51128, member: 2544"]I know people that have robbed their fathers collection to go to the carnival. I saw it happen. I once was in a coin shop in downtown Chicago just browsing when a seedy looking character came in and started pulling slabbed coins out of his filthy jacket. The guys behind the counter would give him a couple of bucks and he'd go outside and get some more from his friend. The dealers shuffled their new purchases into the back room and never questioned where the two street people came by such fine coins. They didn't care that these were almost certainly stolen because they were making a killing. I lost all respect for coin dealers that day and haven't been able to trust them since. My local dealer is selling bison coins for 6 dollars a roll. I get them from the bank for two dollars. I know that they are in business to make money and giving out too much information to ignorant people can cost them plenty but nothing says that I have to help them by buying or selling through them. I have a much better method of collecting coins that doesn't screw anybody. In the want ads, I offer to buy entire collections that have coins I want that have either been left by a dead family member or just people that need the money. I tell them to go the the local dealer and get an offer in writing and I'll pay more than he offers them. He offers about 50% of value, I pay 60%. I get rid of the coins I don't need and keep the ones that I do need. It almost pays for itself and everyone is happy. I am simply undercutting the local guy who pretty much screws the local collectors. I don't seem to mind screwing the local deals at all.[/QUOTE]
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Survey results from PAST "unsearched" lots...
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