Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
What is a great dealer worth?
>
Reply to Thread
Message:
<p>[QUOTE="Kirkuleez, post: 1749778, member: 36864"]Outside of going to shows, I have always been very loyal to a few dealers. But I do this for very good reason. These few dealers, I have learned over the past thirty years, are honest, willing to answer any questions, sell at reasonable (sometimes great) prices and are just good guys in general.</p><p> </p><p>I sometimes set out on a quest to do very tricky sets of coins, whether it is an attempt to do a proof set of three cent pieces, Trade dollars or a date run of gold, my favorite dealers are always there for me. I make decent money, but I really don't have the means to go after some of these collections. Most of the time these sets will take me years to complete. Really though, this is the way that I like it. The pursuit of difficult collections, to me, is the best way to learn about the coins, designers and history. My favorite dealers know that I am not really a wealthy guy, yet they will give me the first shot of owning some magnificent pieces.</p><p> </p><p>Yesterday, I walked into my absolute favorite shop in the world. Ran by a good guy named Robert, it is a small shop just outside of New Orleans, it has stacks of boxes and old folders everywhere, may be the least organized business in the world and has the best prices. Nothing prepared me for what Robert would casually toss in my direction. An absolutely stunning 1877 PCGS PR-64 CAM twenty cent piece that he had just purchased as part of a collection. I looked it over and realized that I bid on this exact coin during a Stacks auction some years ago. The price at the time went WAY over what I could or would be willing to spend on the coin. I asked if he was holding it for anybody, and he said yes. My heart sank because I realized that the next time I would see the coin, it would be much more expensive. He paused and said "I've been holding it for you for two months". Usually I try to keep a poker face while trying to negotiate a price of a coin, but there was no bluffing on this day, I and everybody else there knew I had to have it. He tells me the price, and it is well below what I was expecting him to say, in fact, it was less than I bid for it some years ago and less than half of the final auction sale price. So I ran to the bank (which to my demise is just next door to the shop) and withdrew some cash for my prize. This absolutely gorgeous 20c now resides in my proof 7070 set.</p><p> </p><p>[ATTACH=full]274997[/ATTACH][ATTACH=full]274998[/ATTACH]</p><p> </p><p>The moral of the story is be loyal to your dealers and they will reward you.</p><p> </p><p>Please share your favorite dealer stories.</p><p> </p><p>PS, Although I mention only one dealer in my story, there are more than a few very honest dealers here on CT with tons of experience and have great reputations.[/QUOTE]</p><p><br /></p>
[QUOTE="Kirkuleez, post: 1749778, member: 36864"]Outside of going to shows, I have always been very loyal to a few dealers. But I do this for very good reason. These few dealers, I have learned over the past thirty years, are honest, willing to answer any questions, sell at reasonable (sometimes great) prices and are just good guys in general. I sometimes set out on a quest to do very tricky sets of coins, whether it is an attempt to do a proof set of three cent pieces, Trade dollars or a date run of gold, my favorite dealers are always there for me. I make decent money, but I really don't have the means to go after some of these collections. Most of the time these sets will take me years to complete. Really though, this is the way that I like it. The pursuit of difficult collections, to me, is the best way to learn about the coins, designers and history. My favorite dealers know that I am not really a wealthy guy, yet they will give me the first shot of owning some magnificent pieces. Yesterday, I walked into my absolute favorite shop in the world. Ran by a good guy named Robert, it is a small shop just outside of New Orleans, it has stacks of boxes and old folders everywhere, may be the least organized business in the world and has the best prices. Nothing prepared me for what Robert would casually toss in my direction. An absolutely stunning 1877 PCGS PR-64 CAM twenty cent piece that he had just purchased as part of a collection. I looked it over and realized that I bid on this exact coin during a Stacks auction some years ago. The price at the time went WAY over what I could or would be willing to spend on the coin. I asked if he was holding it for anybody, and he said yes. My heart sank because I realized that the next time I would see the coin, it would be much more expensive. He paused and said "I've been holding it for you for two months". Usually I try to keep a poker face while trying to negotiate a price of a coin, but there was no bluffing on this day, I and everybody else there knew I had to have it. He tells me the price, and it is well below what I was expecting him to say, in fact, it was less than I bid for it some years ago and less than half of the final auction sale price. So I ran to the bank (which to my demise is just next door to the shop) and withdrew some cash for my prize. This absolutely gorgeous 20c now resides in my proof 7070 set. [ATTACH=full]274997[/ATTACH][ATTACH=full]274998[/ATTACH] The moral of the story is be loyal to your dealers and they will reward you. Please share your favorite dealer stories. PS, Although I mention only one dealer in my story, there are more than a few very honest dealers here on CT with tons of experience and have great reputations.[/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
>
What is a great dealer worth?
>
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...