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<p>[QUOTE="brg5658, post: 1252335, member: 29751"]I'm not interested in playing the quasi-investment metals game. I agree with the original poster, the mad rush of non-collectors to sell off their PM has really put the true hobby on the back burner at local coin shops. I don't consider stock piling and hoarding PMs as a hobby. And for those of us who dabble in or collect seriously foreign coins, it is truly sad that so many are being destroyed by clueless dealers.</p><p><br /></p><p>There is one small coin shop in the city where I live (population 100,000). I used to frequent the place until about 2 years ago. I witnessed what I would call unethical practices involving elderly folks who were not being fairly remunerated for what they were bringing in, IMO. I went back to this little shop for the first time in 2 years last weekend. The place was teeming with people; all selling, not buying. There were four guys behind a small counter, running around and weighing jewelry, and shouting things back and forth about "14 Karat" vs. "22 Karat". Frankly, it was a zoo, and the only thing the cases with coins were getting used for was a counter-top to line up all of the junk PM. Long story short, if this is what my "local coin shop" is going to be, then for all I care they can go out of business. That, or take down your shingle and put up a new one with the name "Metal Exchange".</p><p><br /></p><p>PS -- When you type in <b>ALL CAPS</b> in a forum setting, it is implied that you are <b>SHOUTING</b>. We can get your point just fine without the letters being larger.[/QUOTE]</p><p><br /></p>
[QUOTE="brg5658, post: 1252335, member: 29751"]I'm not interested in playing the quasi-investment metals game. I agree with the original poster, the mad rush of non-collectors to sell off their PM has really put the true hobby on the back burner at local coin shops. I don't consider stock piling and hoarding PMs as a hobby. And for those of us who dabble in or collect seriously foreign coins, it is truly sad that so many are being destroyed by clueless dealers. There is one small coin shop in the city where I live (population 100,000). I used to frequent the place until about 2 years ago. I witnessed what I would call unethical practices involving elderly folks who were not being fairly remunerated for what they were bringing in, IMO. I went back to this little shop for the first time in 2 years last weekend. The place was teeming with people; all selling, not buying. There were four guys behind a small counter, running around and weighing jewelry, and shouting things back and forth about "14 Karat" vs. "22 Karat". Frankly, it was a zoo, and the only thing the cases with coins were getting used for was a counter-top to line up all of the junk PM. Long story short, if this is what my "local coin shop" is going to be, then for all I care they can go out of business. That, or take down your shingle and put up a new one with the name "Metal Exchange". PS -- When you type in [B]ALL CAPS[/B] in a forum setting, it is implied that you are [B]SHOUTING[/B]. We can get your point just fine without the letters being larger.[/QUOTE]
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