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<p>[QUOTE=&quot;The Penny Lady®, post: 1097344, member: 16948&quot;]Some of this is answered above.&nbsp; And to clarify, I am discussing an experienced &quot;collector&quot; rather than dealer.&nbsp; </p><p><br /></p><p>An experienced buyer will know exactly what he is looking for, what his budget is and/or what he is willing to pay, what the value of and/or market is for the coin, but most importantly, an experienced buyer will KNOW HOW TO GRADE COINS!</p><p><br /></p><p>An experienced buyer will ask to see a coin he is seriously interested in, examine it carefully under good light, then if he is interested in it, will ask me what my &quot;best&quot; price is.&nbsp; Sometimes I have room in a coin, sometimes I don&#039;t.&nbsp; Sometimes the experienced buyer will counter, but when I give a price, that&#039;s usually what I want for the coin.</p><p>&nbsp;</p><p>As for inexperienced buyers, personally for me, here are some things I think you should NOT do:</p><p><br /></p><ul> <li>Don&#039;t ask to see a bunch of coins unless you are serious about buying</li> <li>Don&#039;t ask me to show you coins just so you can compare them to your coin</li> <li>When I give you a price, don&#039;t tell me what the Grey sheet (wholesale) price guide says that coin is worth - I already know that</li> <li>Don&#039;t tell me what you&#039;ll pay for the coin (my coins are all clearly priced)</li> <li>Don&#039;t counter me with an insulting grossly low price - this will end any further negotiating</li> <li>Don&#039;t point out all the flaws of a coin or tell me why the price is too high</li> <li>Don&#039;t tell me that you can buy that coin cheaper from the dealer down the aisle, I will simply tell you that you should go buy that coin</li> </ul><p>By the way, ask if I take credit cards or checks before negotiating for a coin.</p><p><br /></p><p>p.s.&nbsp; Let me just add something.&nbsp; I had a guy this weekend come up to me, tell me that he had a bunch of later date Lincoln cents that he picked out of rolls and each had something &quot;interesting&quot; or unique like an extra shadow on the back, or what looked like doubling on the motto, etc.&nbsp; He then asked me what I thought he should do.</p><p><br /></p><p>Ok, that may sound like an easy question to answer, but it&#039;s not.&nbsp; I have no idea what he means, why he saved these - does he mean how should he store them, does he want to sell them, should he keep looking for more, should he hold onto them, does he want me to grade them and appraise them?</p><p><br /></p><p>This guy had no idea what he wanted to do and wanted me to tell him, but I felt it wasn&#039;t up to me to decide that for him.&nbsp; After a lot of prodding and questioning, I finally gathered that he wanted to know if what he was saving was valuable so he could sell them (they were not).&nbsp; </p><p><br /></p><p>So my point is, know what you want to do before you approach a dealer -&nbsp; don&#039;t go in blindly with no idea what your intention in showing a dealer&nbsp; coins.&nbsp; A dealer doesn&#039;t usually have the time to be your coin psychiatrist![/QUOTE]</p><p><br /></p>

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