Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Ancient Coins
>
Who's going to NYINC?
>
Reply to Thread
Message:
<p>[QUOTE="Andrew McCabe, post: 8157197, member: 90666"]Correct. This is exactly what happens. One has a priority list of the dealers who tend to have non-internet-advertised high quality coins and there's a rush. If two or more people hit their table at the same time, the etiquette is once someone has chosen a tray to look at then that's their tray which you can't touch til they cede it, but a dealer likely has several trays of interest. Purchases are price-agreed very quickly sometimes within a minute or two, dealer puts the coin aside for later payment, you cede the tray and either choose another tray or rush to the second dealer on the list and repeat. Because of the tray etiquette - once you are examining a tray no one else can pick a coin from that tray - it doesn't feel as rushed as it sounds. And as for pricing it's relatively easy. A coin is priced at $1500, you ask "will you take $1400 for cheque or cash" they say yes or propose a different number and it's done. Gotta have your wits about you but once you are in control of a good tray with new material, don't rush, take the necessary time to consider quality and value.</p><p><br /></p><p>Obviously much of the good new material that is not on the internet is sold (but perhaps not paid for) within the first couple hour of the $125 early bird day, but don't despair: dealers buy material also over the counter, and may get material they bought cheaply from auctions earlier in the week, and sometimes dealers one isn't expecting e.g. US dealers may have some ancients, may have surprises</p><p><br /></p><p>for foreigners like myself who cannot pay by US cheque nor can practically carry cash, work out how you will manage payments in advance: be prepared to pay 3.5% credit card fee or be able to "phone a friend" by which I mean, know others on the bourse who would front - or just guarantee - your purchase in exchange for a separate transaction between you and your temporary banker buddy[/QUOTE]</p><p><br /></p>
[QUOTE="Andrew McCabe, post: 8157197, member: 90666"]Correct. This is exactly what happens. One has a priority list of the dealers who tend to have non-internet-advertised high quality coins and there's a rush. If two or more people hit their table at the same time, the etiquette is once someone has chosen a tray to look at then that's their tray which you can't touch til they cede it, but a dealer likely has several trays of interest. Purchases are price-agreed very quickly sometimes within a minute or two, dealer puts the coin aside for later payment, you cede the tray and either choose another tray or rush to the second dealer on the list and repeat. Because of the tray etiquette - once you are examining a tray no one else can pick a coin from that tray - it doesn't feel as rushed as it sounds. And as for pricing it's relatively easy. A coin is priced at $1500, you ask "will you take $1400 for cheque or cash" they say yes or propose a different number and it's done. Gotta have your wits about you but once you are in control of a good tray with new material, don't rush, take the necessary time to consider quality and value. Obviously much of the good new material that is not on the internet is sold (but perhaps not paid for) within the first couple hour of the $125 early bird day, but don't despair: dealers buy material also over the counter, and may get material they bought cheaply from auctions earlier in the week, and sometimes dealers one isn't expecting e.g. US dealers may have some ancients, may have surprises for foreigners like myself who cannot pay by US cheque nor can practically carry cash, work out how you will manage payments in advance: be prepared to pay 3.5% credit card fee or be able to "phone a friend" by which I mean, know others on the bourse who would front - or just guarantee - your purchase in exchange for a separate transaction between you and your temporary banker buddy[/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
>
Ancient Coins
>
Who's going to NYINC?
>
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...