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<p>[QUOTE="jfscmedic, post: 2706491, member: 82941"]On the weekends I sell buy and trade coins at a local flea market. My prices are VERY fair and I pay good prices for the coins I buy. This weekend I picked up a 1888 Indian Head Penny that I think will grade MS-63 RB a 1875 Chile Un Peso in VF/XF condition and a 1834 Peru 8 Reale with a 1841 Type IV Guatemala Counterstamp. I sold a number of Slabbed and Raw Morgans as well as some Gold and Silver Bullion at just over spot.</p><p><br /></p><p>At the table next to me was a young man who was selling some tools and household items. He told me he had recently bought some coins from a dealer at another market down the road and asked if I would take a look at them. I told him I would be glad to look at them. First he showed me 8 Low grade common date Indian Head Cents...some with corrosion and damage..one had been very harshly cleaned to try and make it look "New". He said the man charged him $15 and told him he was giving him a great deal at that price. Next he showed me a circulated 1964 Quarter. I told him the silver value was around $3.25 He said the guy charged him $10 for that coin. The rest of what he had was foreign coins and "Pocket change" Two 1976 Circulated Bi-centennial Quarters (One covered in corrosion) Some dimes and nickels from the 70's all circulated and a Kennedy Half Dollar from the 80's. I didn't have the heart to ask what he paid for that. I told him that before he bought any more coins he needed to learn what he was buying and find a reputable dealer to buy from. I gave him the web addresses to several sites to help him learn more about coin collecting. Maybe the guy selling them didn't have a clue what he was selling but I am afraid he knew he was ripping him off.</p><p><br /></p><p>scmedic[/QUOTE]</p><p><br /></p>
[QUOTE="jfscmedic, post: 2706491, member: 82941"]On the weekends I sell buy and trade coins at a local flea market. My prices are VERY fair and I pay good prices for the coins I buy. This weekend I picked up a 1888 Indian Head Penny that I think will grade MS-63 RB a 1875 Chile Un Peso in VF/XF condition and a 1834 Peru 8 Reale with a 1841 Type IV Guatemala Counterstamp. I sold a number of Slabbed and Raw Morgans as well as some Gold and Silver Bullion at just over spot. At the table next to me was a young man who was selling some tools and household items. He told me he had recently bought some coins from a dealer at another market down the road and asked if I would take a look at them. I told him I would be glad to look at them. First he showed me 8 Low grade common date Indian Head Cents...some with corrosion and damage..one had been very harshly cleaned to try and make it look "New". He said the man charged him $15 and told him he was giving him a great deal at that price. Next he showed me a circulated 1964 Quarter. I told him the silver value was around $3.25 He said the guy charged him $10 for that coin. The rest of what he had was foreign coins and "Pocket change" Two 1976 Circulated Bi-centennial Quarters (One covered in corrosion) Some dimes and nickels from the 70's all circulated and a Kennedy Half Dollar from the 80's. I didn't have the heart to ask what he paid for that. I told him that before he bought any more coins he needed to learn what he was buying and find a reputable dealer to buy from. I gave him the web addresses to several sites to help him learn more about coin collecting. Maybe the guy selling them didn't have a clue what he was selling but I am afraid he knew he was ripping him off. scmedic[/QUOTE]
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