Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
The "Deal Shopping" Mentality - Helpful Insights for the New Collectors
>
Reply to Thread
Message:
<p>[QUOTE="Catbert, post: 689917, member: 12718"]I agree with what you've written.</p><p> </p><p>I think that many collectors view coin dealers similar to used car dealers.....not to be trusted and enter a potential transaction assuming that they will be taken advantage of.</p><p> </p><p>Knowledge is power and, for a satisfying transaction, being armed with previous sales data on that particular type and grade is helpful. However, in the car business, I suspect that a Chevy is pretty much always a Chevy and a Mercedes is always a Mercedes unless there is a car repair history that says otherwise. However, in the coin biz, not every 1877 Indian Cent is the same in terms of eye appeal. To expect to apply rigidly prior sales transaction info to acquiring a coin with great eye appeal is naive at best.</p><p> </p><p>Anyway, one can't blame collectors for not wanting to be ripped off and there are stories we all hear of this happening. So, to me, it isn't just about the price versus eye appeal issue, it is also who one is dealing with. Buying from the right dealer is also a factor in having confidence in what one is getting and having recourse if the deal backfires.</p><p> </p><p>Those are my two cents![/QUOTE]</p><p><br /></p>
[QUOTE="Catbert, post: 689917, member: 12718"]I agree with what you've written. I think that many collectors view coin dealers similar to used car dealers.....not to be trusted and enter a potential transaction assuming that they will be taken advantage of. Knowledge is power and, for a satisfying transaction, being armed with previous sales data on that particular type and grade is helpful. However, in the car business, I suspect that a Chevy is pretty much always a Chevy and a Mercedes is always a Mercedes unless there is a car repair history that says otherwise. However, in the coin biz, not every 1877 Indian Cent is the same in terms of eye appeal. To expect to apply rigidly prior sales transaction info to acquiring a coin with great eye appeal is naive at best. Anyway, one can't blame collectors for not wanting to be ripped off and there are stories we all hear of this happening. So, to me, it isn't just about the price versus eye appeal issue, it is also who one is dealing with. Buying from the right dealer is also a factor in having confidence in what one is getting and having recourse if the deal backfires. Those are my two cents![/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
The "Deal Shopping" Mentality - Helpful Insights for the New Collectors
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...