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<p>[QUOTE="Gregg, post: 2882295, member: 90419"]Silver,</p><p>I went into a local coin shop the other day shopping for heavily worn (near cull) peace dollars. The owner showed me a box with a couple of dozen beat up coins and offered them for $22 each. I offered $19 for a Peace Dollar, common date, in good condition. </p><p><br /></p><p>He said <i>'No'</i>.</p><p><br /></p><p>So I logged onto eBay and bought a common date <i>uncirculated</i> Peace Dollar for $25.00 (no shipping costs). I received the coin on Tuesday and it was a fantastic specimen, no damage, not cleaned - one of my more beautiful coins so far. That dealer on eBay will be getting thousands of dollars of my business over the next few years as long as the quality holds.</p><p><br /></p><p>On the other hand, I'll likely never visit <i>that</i> local coin shop again.</p><p><br /></p><p>I don't know much about the travails of being a coin dealer; however, I do know that in this day and age dealers that are unaware of the opportunities that internet has opened up for collectors can hang onto their $22 culls. This is a really good time to be a collector; however, I can see how it would really be hard to be a dealer, especially an old school dealer if you are accustomed to ruling your 'territory' with an iron fist.</p><p><br /></p><p>Thank God for them internets.</p><p><br /></p><p>-Gregg[/QUOTE]</p><p><br /></p>
[QUOTE="Gregg, post: 2882295, member: 90419"]Silver, I went into a local coin shop the other day shopping for heavily worn (near cull) peace dollars. The owner showed me a box with a couple of dozen beat up coins and offered them for $22 each. I offered $19 for a Peace Dollar, common date, in good condition. He said [I]'No'[/I]. So I logged onto eBay and bought a common date [I]uncirculated[/I] Peace Dollar for $25.00 (no shipping costs). I received the coin on Tuesday and it was a fantastic specimen, no damage, not cleaned - one of my more beautiful coins so far. That dealer on eBay will be getting thousands of dollars of my business over the next few years as long as the quality holds. On the other hand, I'll likely never visit [I]that[/I] local coin shop again. I don't know much about the travails of being a coin dealer; however, I do know that in this day and age dealers that are unaware of the opportunities that internet has opened up for collectors can hang onto their $22 culls. This is a really good time to be a collector; however, I can see how it would really be hard to be a dealer, especially an old school dealer if you are accustomed to ruling your 'territory' with an iron fist. Thank God for them internets. -Gregg[/QUOTE]
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