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<p>[QUOTE=&quot;jhinton, post: 1244403, member: 24410&quot;]<font size="3"><span style="color: #000000"><font face="Calibri">As I posted in another thread a couple of days ago, I purchased and read a book titled:</font></span></font></p><p><font size="3"><span style="color: #000000"><font face="Calibri">Tales from the Bourse by David Lawrence. It’s a collection of short stories written about his experiences as a coin dealer and the crazy times during the 80’s. I have heard all sorts of stories from other dealers about their “tales from the bourse” as well. The dealer that I apprenticed with told me that during the “good times” there were weeks that that he had a line out of his shop every day and they were weighting silver bullion and dumping it into garbage cans there was so much. He said it was nothing for someone to come, sell 20-30k worth of bullion and someone standing in line behind him walking up and buying it right back. He also told me of dealers who were making so much money at the time that they would take private jets to different coin shows. I have also read stories of people walking up to dealers, giving them 10K and saying buy me something nice. I myself have not seen anything that crazy yet. At one show there was a rare National Bank note that a dealer wanted $5000 for. Everyone agreed that it might be underpriced because of the rarity but no-one wanted to take a chance on it. Well when the dealer I was with heard about it, he walked right over; pulled out 5K and bought it. He told me “If you ever come across anything rare, you should buy it. Don’t hesitate cause it won’t be there when you go back” Sure enough, about two hours later 3 other dealers came by our table and told him they had just went to buy that note and found out he had bought it. I followed his advice about 3 months later and ended up with the finest know national bank note for a small town in Alabama. I bought it from an out of state dealer, tripled the price, put it in my case and sold it within the hour! I would very much like to hear any of your “Tales from the Bourse”.</font></span></font>[/QUOTE]</p><p><br /></p>

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