Are Coin Dealers Crooks? How To Handle A Coin Dealer - How To Act In A Coin Shop
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- Опубликовано: 10 июл 2019
- Are coin dealers crooks? I venture to say there's crooks in every business, and anyone can be a jerk. I just think most coin dealers are wrongfully accused of being a crook. I base the opinion on the fact that some people are just jerks with dealers expecting them to be crooks, and because they have over-valued their own coins, or paid too much for their coins and think the dealer is trying to rob them.
Watch my other videos on this subject linked below:
How Much Should A Coin Dealer Make? • How Much Do Coin Deale...
How To Deal With A Coin Dealer • How To Sell Your Coins...
Wholesale Retail Coin Dealer • Difference Between Who...
Insider Coin Dealer Secrets Part 1 • Make Money Like A Coin...
Insider Coin Dealer Secrets Part 2 • Insider Coin Dealer Se...
I always thought my local coin dealer was a jerk (Who is also my wifes dad) till after spending some time at his shop and seeing all the bs he goes through all day.
From the old guys who come in, sit on a stool and talk for hours about their lives pretending to be looking at buying coins, only to walk out not spending a single dime, to the guy that comes in with a 1972 circulated ike and gets mad when told it's not worth the $55 his asking, to the flippers who come in and cherry pick the store and then the bullion guys who want everything you have for less than spot even though it has numismatic value. And then me, the son in law who comes in with the grandkids that pretty much break anything they touch, while I show him some stupid peace dollar I got on Ebay.
I get it now. 😂🤣🤐
LOL
Stay true to God, your righteousness and he will continue to bless you.
In the County I live in, a shop opened in the early 70s when I was a kid. Another one of MANY coins shops in the county. But he was a nice man and you felt, even as a kid, that you were being treated fairly. Eventually his son took over running the business (his dad still comes in a day or two per week) and followed his father's example. They are the only remaining shop in the county and are still a pleasure to deal with. The guys playing to long game are the ones to deal with.
Amen
UNFOURTANLY IF YOU TAKE YOUR COINS TO A PAWN BROKER YOU'LL GET SKINNED EVERY TIME. I KNOW THIS FROM EXPERENCE. FROM NOW ON I ONLY DEAL WITH COIN DEALERS. THANKS DANIEL. KEEP UP THE GOOD WORK.
Great video. For years there was a coin shop just off the public square in Springfield mo. As a high school kid i walked into his shop one day with my book of Roosevelt dimes. He took his time not to sell me coins or steel mine, but to educate me into grades, rarities and enjoyment of the hobby. A good dealer, a great teacher and a fine gentleman for a teen to know. A friend for many years.
Daniel, loved this video and your speaking the truth. You look and speak in the same direction, I've thought that since I seen your first video. I trust you more than anyone on this earth, when it comes to coins. Your honest, sincere, and it shows. Awesome video.. 😎💰
Yeah my lcs is amazing I told him I was a new collector looking for ASE and Benjamin Franklin's and 64 Kennedys. He showed me what he had and only charged me $5 a peice for the 64 Kennedys and Franklin's and $18 for a nice ASE
Thank you Daniel. It's good to hear what it's like on the other side.
Great video Daniel. I purchased silver and gold bullion 45 years ago from a coin dealer. I have been studying numismatics for 2 years now i'm 63 and I inherited 2 collections from my great aunt and grandparents, I didn't have a clue what to do with them. When I walked in again I'm sure he thought I was a crook, i'm disabled and have the shakes pretty bad at times among other physical problems. He's a fantastic person with a great deal of experience and knowledge. He was carrying a Glock along with his other family members who work there I was almost afraid, I carry too, just not often and not in a coin shop. I broke the ice with small talk and purchased a Franklin half and a full set of silver war nickels (all bu toned) the next time 2 morgan dollars (now a few morgans on hold) he was wearing a Harley Davidson shirt and it happens my sister owns a Harley shop so we had some common ground along with coins. He is a fantastic person and I have a great deal of respect for him and his family. Being disabled I'm uneasy in some situations, after I told him why I was jittery he relaxed some and every time I go in now he remembers me, my name, and the different things I collect, it's great I couldn't ask for anything more. Anybody and everybody should have this attitude and it sounds like you are the same way with your customers. So thankfully they didn't shoot me and they understand my dilemma with the disability. From my experience with coin dealers, they are personable and just top notch people who are loving a hobby and the people involved in it. I've been burned by some sellers mostly ebay and a few others, I think it's unavoidable as a new collector unless you study a lot, look at as much reference material as you can and talk to people who are experienced and watch videos like this and all of yours and others before you ever buy a coin. This hobby has so much information to help you and it is a difficult hobby to learn in a short time. I am usually a loyal customer especially with local grass roots businesses like his and mine used to be. I hope he doesn't retire soon, it would be a loss for me. Keep up your great work it's valuable to many I'm sure.
Great story. Thanks!
I agree with you. I got into coins as a child and still have my first set. I do it as a hobby, because I love coins, not to make a profit. I keep my hobby Separate from my stacking.
Well said, coin collecting is a labor of love(not that it cant be profitable too), but I like the history of coinage and also, I keep my stack/collection separate from my coin collection.
@@slicksilver9441 True, Thank You, always remember the first coin I found an Indian head penny, I still have it.
I've been trading, selling, buying coins for over 30 years. In my experience dealers in NY, brick and mortar, are lowballing customers who walk in their stores. I've seen it over and over again. I once had my sister walk into LCS with a to get an estimate to sell on one hundred 2015 ASE, at the time soot price was 18 to 19 dollars year 2016. She was told they are a year old and the 2016 are out. She was offered 14 dollars a coin. He told her, he will be sitting on these for awhile and is taking all the risk if they sell. That's what I deal with from different dealers. I'm not saying they're crooks, just want to make more profit. Oh, and I'm not over estimating what I think they where worth, I was expecting at least 17 to 18 dollars a coin.
You said NY, NYC or upstate?
You said NY, NYC or upstate?
@@firecrest3325 NYC and Westchester
Good morning Dan. People need to be educated, great video. 👍
Thanks again Daniel! Very well thought out presentation and perspective. Also a great topic to discuss with us. You are awesome.
One coin dealer near me likes people to call in advance so they can be prepared to bring inventory from the back to sell. They are very busy and one of the largest bullion dealers on the East Coast. Also calling them lets you know they'll pay for bullion. If you get to know a coin dealer they'll allow you to pay by personal check.
Thanks again Dan the Man! Your integrity is obvious and I so appreciate it, your Pop must be proud! Keep it up pal! 👍
Thank you
Thank you so much for showing this video. You have a wonderful day and as always, Enjoy. CI
I love your educational videos! Another great video Daniel!
Thank you
I love your honesty! Great video.
Thanks for the video Daniel. It's very true that the dealer is thought of as the crook a lot when buying coins from a customer. I was guilty of it in the beginning of building a relationship with him but that's because I wasn't educated on business yrs ago. Now it's just like you described in your video, goings on of a small town shop. 😁
These are excellent points. Probably why people trust you. Your videos always say 1 thing Everytime, you talk to people who come in your shop rather than talk at them. Today, so many people have overblown egos, it's surprising anyone gets along anymore. Next time I'm in Circleville or Chillicothe, I'm going to bop down to Portsmouth.
I hope you do stop in and thanks!
@@CoinHELPu oh I will,. Sporting a Michigan State shirt of some type😁
Nice video Dan, I have dealt with good and not so good shops! Thanks man.
yes because its (GREED)in the eyes of men...ppl dont try to help and direct ppl in the right direction to recieve the best price or deal for their coins....
wayne c brown Selah “Amen”
Not all! Just a few of the ones I think who have lost interest in the hobby.
that is so true
This is the video. I've never seen you do a video this great. You got it Daniel. Thank You
Thank you
Stay Honest my friend and thanks for Sharing
Thank you
Very thoughtful treatment of this subject. I'm a "vest-pocket dealer" on weekends at a local swap meet - and have consistantly listened to complaints from my customers about the "crooks" at the only brick-and-morter coin shop in our small city. I dropped into that shop today for the first time in years to pick up some odd-size air-tites, and watched them at work for about an hour. They worked diligently trying to educate several walk-in customers on grades and values - and I noted that their buying and selling prices were very fair, with a reasonable margin. I departed the shop with much less cash and more coins than I entered with. I will never again listen to complaints about "the crooks" without voicing my opinion!
Thanks for that, those people just didn't hear what they wanted to hear or was believing someone's lie.
Thank you sir for another great video, I needed to watch this... 👍👍
You rock Daniel!!! Glad I can learn from you
Thank you Daniel. This is a great video. I'm learning so much from you! Have a wonderful day 🙂
You too
Thanks again for another great video! Plus for being a honest dealer. Keep the videos coming!
Thank you and you're welcome
Great Video!!! I think it is important to realize there are different kinds of coin dealers. We are all people, but many of us have different jobs. Some serve the selling public, some serve retail customers, and some are wholesale only and serve marketers and retailers. Some have more time than others to chat with their customers, just because a coin dealer doesn't seem talkative may not mean he is not friendly. His job may just be different than you realize. Thank you for taking the time to post this :)
Thanks for you comment
I came across your videos quite by accident only recently, and I love what your doing! Keep up the good work, because education is key no matter what.
I am a long time collector and consider myself fairly knowledgeable about coins. I have to say that most dealers are honest, but there are some out there who are definitely crooks...who unfortunately get the majority of attention and for all the wrong reasons.
This reminds me of something that I experienced, and thanks to my knowledge it helped prevent me from being ripped off. Many years ago when I was fresh out of high school, I bought a 1916 Canada 10 cent coin (I live in Canada) from the first dealer I ever started going to when I first began collecting. He had graded it as a MS-60, and I believed it was under-graded. I thought it MS-63, so I bought the coin. Fast forward about 6 and a half years, I brought it into another dealer just to show him (didn't have any intention of selling and told him as much). He looked at the coin and graded it as a MS-63, confirming my initial thought from years before.
Fast forward about another 5 years, and I was looking to downsize my collection. I brought it into the dealer I just mentioned for an offer, including the very same 1916 dime he had seen. Long story short, when I was looking to sell, his opinion of the grade of my dime all of a sudden dropped from MS-63 to AU-50! Needless to say I didn't sell anything to him because of this. Later that year I submitted my dime (along with some other coins) to PCGS, and guess what? PCGS assigned a grade of MS-63 to this dime! I still have this coin in my collection to this day.
Great story and thanks for commenting.
Daniel, you are truly a font of information and I very mich appreciate your videos. My wife and I plan to come see you in person soon, we are close by in WV and have an inherited hoard we are dealing with. Thanks again and keep it up, your videos are very informative and useful.
Hope to see you soon! Thanks!
Awesome video thank you for sharing
Who do you recommend in Denver Colorado? I had to call out of state, because, the dealers i have called do not deal with error coins, or even modern coins.
I don't know if any. Call the ANA they're in the same city.
If there is more than two dealers in a small area I would go to the one that has been in business longer. They are more likely to be honest (with some exceptions). That does not mean the newer shop is NOT honest but I would tend to the more "experienced" shop first. Also, price comparison is easier. Where there is only ONE shop in an area I would tend to go to another area. Thanks Daniel.
I'm 48 to, I'm old school. I'm known at local coin shops as " the hagler" because I'm always looking for a deal.
Never take the first offer you get. If the dealer is being straight he/she will encourage you to get a second opinion.. if they are being deceitful, they will be upset with the idea.
Looking to get pcgs membership don't know which one to pick bc I want to grade a few coins that are legit but not worth tons but enough. Like some bullion silver eagle's in Ms 69 or 70. Also if I clean a old penny or something like that denomination what should I use or should I do it at all? Is a cotton swab a good thing to rub dry on a coin bc I did it too two old Penny's that had Gunk I wanted to remove that came in a coin roll. I was also wondering if I should use pcgs restoration process.
As stated in the video, I have a video for all these questions. Thanks
In my eyes & heart i don't feel that your that way i can trust you to do right by the people in society...your not greedy for capital your just what you stand for& you're sincere from your heart..thank you for that
Thank you
Love your attitude! Thanks Daniel
Excellent video Daniel.. First i like thank Daniel for all his work , videos and knowledge he shares with us. I've been around coins off and on for a long time. I'm no expert by a long shot. A coin shop is a business, just like grocery stores,clothing stores and so on.How many of us have went shopping,looking at prices, and say, that is highway robbery, i can get it cheaper down the road.Yelp, we have all said that. Example.... Two coin shops in same town.First coin shop pays 3500 a month in rent 1200 in electricity. You take your coin in to sell. You get a low offer, you get mad and leave and and go second coin shop. This coin shop pays 1500 in rent, 700 in electricity. He gives you better deal. then we say that other coin shop tried to rob me. No not at all.All business have different expenditures, even coin shops. So saying they are crooks, l say. no. There will always be a shady character somewhere.
I had a bad experience at a little coin shop the guy had a bowl at the counter with low grade silver coins . I found a 2001 buffalo dollar with a hole drilled in the top and had been beaten up. I ask how much for it ( silver was going for about $20 Oz ) and he looked up in the red book the price of a Ms 70 and told me he wanted $400 . I told him to keep because I felt it was only worth the one oz silver price and left the store never going back.
Love your videos Dan. Is there a professionl coin dealers association and listings for cities?
Yes there is but i can't remember the name but it doesn't list them all. Google search is just as good.
Thanks for your candor appreciate your integrity
I need your help. I just pulled 3 pennies from grandfathers hoard of 5,000. All the same year in rolls new from the bank in the 50s. All three of these pennies graded ms67 from NGC. I don’t want to kill the market. Do you suggest I only have a few graded at a time? NGC only shows 31 graded this high and one higher. I’m not trying to corner the penny market. What would you do? Thank you for any input you can give.
Are they already graded?
CoinHELPu yes, all three I sent in all graded NGC MS67 RD. NGC Cert#4737855-7. 8,and 9 Cert#3170372-001 These are all 1959P.
Now it’s showing a value of $400. I guess I messed up the mkt by adding three MS67Red to the count for a total of 34 NGC graded.
Great video. Where's your coin shop at? My local coin shop the guy is kind of quiet and standoffish a little bit. It's taking me about six months to really get to know him and he's cut me some good deals because he seems like he's happy to see me now. I feel like I've built a good relationship with him and we take care of each other on cells to each other and to me. And he's not afraid to tell me the value of my coin and be honest with me and a lot of people can't take that. But I appreciate it
Portsmouth, Ohio
Question : In the case when a layperson takes a coin to a shop unaware of value of said coin , whats coin dealers responsibility to tell layperson of true value and grading of said coin ?? And if they don't is that fraud ??
Extremely helpful videos. A+
I REALY LIKE YOU DAN. YOUR HONEST. YOU ALWAYS THINK ME FOR MY REMARKS. I REALY APPREACATE THAT. A LOT OF YOU TUBER HOSTS DON'T EVEN ACKNOWLEDGE ME.
Thank you. I do try. I don't always.
Great video, thanks for your educational work
Thanks
new to the hobby I have a coin dealer near me...Met him once....a very good guy...Lee's Coins will be my guy!...
Hmmmm. 🤔🤔🤔 When I saw this video you made me laugh... Great Video my FRIEND...
There are bad actors in every endeavor. Great video.
I have a couple of shops I go to & when I 1st came in checking around, the one dealer out of nowhere told me, you like “Morgan Dollars” that got me!!! It was like WHOA🎈He was right! Hahahaha The dealer John took his time was very honest what really got me was, I didn’t say a word to John when I came into his Shop!! All I could do was laugh!! 🎈Daniel Thank you for sharing this Great Video! Very important 💕🎈💕👍🎈V
Thank you
Fantastic video, thank you for the insight. You’re a gentleman and an educator Daniel, you’re in this business for the right reasons. Do you list and sell your coins online? I’d like to purchase from you. I’m a new collector in Southern NJ/Philly area. The coin shops i’ve encountered seem to be “grumpy old Men” with a “what do you want?” attitude. As a new collector, I like to browse, get advice, recommendations and get a feel for what’s available. Truthfully I don’t know what I want, I’m purchasing what catches my attention and has potential. I’ve walked out of a few shops for that attitude. However, I have a couple of private collector/sellers that I purchase. They take their time, teach me about collecting, answer questions, explain the potential of the coins I’m purchasing and have very reasonable pricing. We’ve become friends and that’s the reason I’ve spent 15K plus with them within 4-5 months. You’re 100% correct it’s about building relationships/friendships and educating each other (each one teach one).
Yes our website is portsmouthcoinshop.com Thanks!!
Great video Daniel , I have a question , what happened to your website ? 😳😳 tried to log in and is gone !!
It's back. It happens sometimes for maintenance and updates.
If anyone has ever run any kind of a business, they know that there is a whole lot to making that business successful. Hard work is just one aspect that makes a business work. Customer service and relations are a few others.
But no business can succeed if they cannot make enough money to cover expenses. These expenses cover operating costs such as all the things needed to make sure that mail orders get proper care, cost of the rent, insurance, all of the various business permits and licenses, all the various supplies needed to provide for creature comforts for both employees and customers, administrative supplies, and a myriad of other necessities. Don't forget that the owner needs an income just like you and I. He/she also needs money in the bank in case of some kind of unforeseen problem that affects the business, and most importantly, the owner needs to save money for his or her future (retirement). All of this costs money, so the business owner has to come up with a profit margin that will fulfill all these expenses.
Too many of use who have never had to run a business forget that business owners are people like you and I. They have a lot that costs them money. Also remember that many have families with all the necessary monetary requirements to support one. I could go on and on, Just remember that running a business is very difficult. You have to be a Jack or Jill of many things to make it succeed. So don't go whining about how much things cost when you do not understand what running a business entails. Be happy you have a local coin shop to go to. The closest one I have is about 100 miles away.
Though I never have run a business, I did run a snack stand in the office when I was in the US Air Force. I provided a lot to the aircrews and other military personnel to get them through the day. I had to decide what my profit margin would be in order to allow our shop to have two picnics per year. Believe it or not, deciding just how much to charge per item was difficult, and we didn't even have any expenses other than the food items we purchased. But I recognise just how difficult keeping the customers satisfied can be, so that they keep coming back.
Sorry to be long winded, but I just thought I would put in my two cents worth in defence of the majority of business owners, those who actually put their customers first.
Good comment and thank you!
Daniel, will you be at the ANA Chicago show this August? I live in the Chicago suburbs and plan on attending.
I am not sure. I hope I can but not likely at this point. Thanks
Ive know alot honest ones like You. Ive dealt with a few Crooks in my Day. Crooked dealers Super Lowball ya. I got longhair, they thought I was Stupid when I was young. I went on vacation to Bismarck ND. There's a Super Nice Coin Shop there!
After I was done on my Wife's family tree at the main Cincinnati library I would walk to a dealer on Fountain Square. I had to watch the money and couldn't buy coins from him. He still took time to chat with me. I missed him when he retired.
DEAR Mr. Malone. Good afternoon. "You my friend " have made an enourmas point. "I" have personally learned from you that KNOWLEDGE is pertinent in your field. THANK YOU for helping me to understand that a COIN dealer ( Well mine is Mr.Stienmetz) loves...to know you as the seller does have some KNOWLEDGE cause I believe the buyer and seller can have an EXCECTIONAL friend ship . It's not always about the money. The gentleman dealt with my son and acknowledges me when I call to speak with him. I never meant such a gentle soul that said to me call before you come so he can spend the time to learn me. You...my friend taught me the KNOWLEDGE to ask for help and also have an idea as to what your selling.THANK YOU MR.MALONE. ❤
It’s on a seller to do some research. With the info available these days there is no excuse. A dealer has a right to get the most out of any deal.
Your a stand up man Daniel 😉
Thats some good information, thankyou. Hey Daniel i live in Anderson Indiana and i would like to visit your coin shop and i was wondering if you would tell me what town your shop is in and give the address so i can come to your shop.
We're located in Portsmouth, Ohio and you can get directions from my website at portsmouthcoinshop.com Thanks!
Ok, thankyou very much.
CoinHELPu p
Great Video
I enter every coin transaction looking for the dealer to rip me off, and before I buy, I research, research, research. It's smart business.
Tbh I have 2 main LCS that I frequent. Now, one of the shops arent the friendliest but i do not care about how they treat me as long as the price is right and fair, that's fine with me
Early in my coin collecting I do feel I was taking by coin deals.The person did tell me the coins were war time nickels over 10 of them! I do remember one coin a 42 small s and 43 small s not a big S.Do you think it was unfair to get a dollars each for these coins? They were from my moms coins.
Depends on when you got a $1 and what condition, there's not small or large S for these.
CONGRATULATIONS on 1 Year and 4 Days 🎉👏❣️
Keep on Keeping ON 😃
Thank you
I've been to many shops in a 300 -500 mile radius. I have found some very good and honest ones and some that rip people off.. every shop is different there's good and bad ones.. you just have to shop around and look at the reviews for an idea of what they're like, but I have one in town and puts fake reviews to get people to come and they are the worst ones in town..
great video
🌄 Good morning Daniel my brother you couldn't have done a better job describing 'both sides of the coin' (ya see what I did there) I was gonna wait as an experiment in sociology and see what kinda com you were gonna get b/c most of us who have been collecting for at least a few decades will no doubt have experienced both. I couldn't agree more everyone lives in dif parts of the country, and will more than likely have bad exp in the city imho, but I've been friends w/a collector- dealer that I grew up with and can trust 100 percent ! And like you said we're all human + have good + bad days, and communication is the Name of the Game✌💰🍻🎶🎸🌟🤘🎵💸😎✨
Thank you
@@CoinHELPu 🌄 U R very welcome, Keep up the GREAT work brother 💸🍻💰🎵✌😎✨
You have a great educational channel. It's nice to look through the eyes of a dealer. Do you have a Instagram?
Yes but rarely use it. I prefer Facebook.
Have you ever seen a 2013 $20 bill with a gray blue star on it like on the $50 bill but smaller up under the serial number
Modern notes unless it is a dramatic error have no premium.
Dont cofuse dealers with pawnshops.
Get quotes. Some dealers may have 10 and others maybe looking for one.
Love your videos, keep up the good work!
it is very hard to find on ebay ,who is pawnshop or dealer
Good Morning Dan. I have a large collection that I need to get some current prices for. Could you take a look at it for me?
I need to see coins in person to appraise. If you have a bunch of 90% I can help or just s common date silver dollars, but any Mint state coins or key dates I need to see in person.
@@CoinHELPu okay where are you located?
@@CoinHELPu your in Portsmouth Ohio? I could swing by tomorrow if your available.
@@carlr9869 We're closed on Saturday for coin shows. Sorry. We're open M-F.
@@CoinHELPu I could meet you at a coin show?
Hi Daniel, Eddie here in lreland, it's a pity your across the pond. Would love to visit your coin shop and see if I'm holding one of those holy grail coins. 😊 Is it difficult to get coins checked out for grading over here, would like to know if you have any connections in Ireland. Thanks your really genuine person.
Thanks but don't know anyone your way. Sorry.
@@CoinHELPu it was worth a try. Thanks Daniel, look forward to seeing your next you tube presentation. Could you explain why some Lincoln penny's show a VDB or VOB at the bottom of Lincoln's shoulder. Thanks Eddie
@@1valette They put it there starting 1918 and since it's close to the rim and the edge of a design element it can be effect by die wear and damaged. So some don't look strong and some are not there. The missing VDB could be caused from a mint employee removing die clash marks.
@@CoinHELPu I have only noticed the few I have has this mark. Thanks for explaining this to me. Eddie
@@1valette You're welcome
There are a lot of bad dealers in this world ones who only want to make a dollar they are not really interested in their customers or helping build collections
How do one once maple leaves go up in value?
When silver goes up
thank u...u r the best of bestest...
Thank you
My coin dealer has to order in just about anything Newer that I'm looking for, or collecting supplies and he's basically buying it online at the price I could be buying at online myself so I pay his 30+% markup if I go with him on anything, and most of the time he doesn't order what I'm looking for and a week later he doesn't have it still and I'm told maybe next week.
I don't go there anymore and just buy what I want online. That's the reality of it. If I get a vibe that a dealer doesn't care of they make money or not then I will just do my business elsewhere. They guy makes it hard to walk in and spend a couple hundred bucks and get out. I'd be still waiting for a national parks quarter album from him if I didn't give up on it 3 months ago. Just poor customer service. I don't expect my butt kissed for a couple hundred bucks but I do expect some level of service from a place when I'm trying to spend $500 a month on stuff he should have just sitting around. It's not like I'm walking in asking for pristine 1909S VDB cents (which he also wouldn't have) nothing I'm looking for is extremely difficult to find he just doesn't want to do business I guess and would rather hang out all day with the retirement crew that's always there hanging around drinking coffee and reading the paper . There's all kinds of dealers out there, I'm sure there are some good ones but as a collector if you come across bad ones it gets you set that that's how they all run their business.
I went to a mechanic and the owner of the small shop preferred to watch a video on his computer and make me wait 10 minutes for it to finish before he'd ask what I was even there for. I waited gave him a hard time with a bunch of questions just to waste his time in return then went to a different mechanic shop.
Some business owners need to realize they are doing business, not doing people favors. Customers can go somewhere else. I'd like to have a local coin shop to go to and purchase what I want, but it's like some people don't even want to be in business and I'm not gonna beg someone to take my money. Lol end of rant.
Every lcs I've been to has always acted like I'm making them go put of their way by shopping there. Their crap attitude coupled with their crap selection and crap prices have me just buying online
@@yootoobactnameyoo5221 I pretty much have to agree with your point of view from your experience. It's been my experience also. It's like the know it all comic book store owner that think you're not worthy. Lol.
I think a lot of it is that they are collectors first and businessmen 2nd , and have a hard time parting with their inventory to just anyone that walks in.
You touched on this and I think its a real factor in a lot of the " theyre crooks" opinion. MY EXPERIENCE has been that I cant think of another collectable item where the "dealers" come off as miserable, egotisticle, uninterested, or are just plain D#"K H#@&S as any other type of collectable or bussiness IVE had experience with. With that said, I can totally understand why that might be, having some experience with them. That demeanor is USUALLY softened pretty quick if you show them your there to do business. But to the newcomer or someone with less experience, I cant understand how MORE dont walk out the door. The attitudes may be justified but dont do them any favors. Thats just MY experience with MANY but not all and is not meant to offend anyone. Great video Dan!!!! Thanks!!!!
No reason to be like that but you have that in all businesses to some degree.
I am very trusting. I got screwed by dealers at coin shows because I trusted them. :-(
Splendid Channel and Perfect Video World from YF in YTube of Morocco
Hi where is your store?
Portsmouth, Ohio
This is danny love watching your videos i would love for you to look at my coins i have several what I call error coins they are nice but I have not found some of them get close coins like 95 an 96 memorial 1cent coins with no copper on them an is what i call ddo wish some one like you lived close dan,o vidalia la.
You can post images and question in our help community here coinauctionshelp.com/forum/index.php
I think as a whole they are not crooks but a lot of them are insensitive when someone who comes in with a collection from a love one who passed away don`t explain why the value of the is what it is with some compassion especially when they tell you how they obtain the coin or collection. Coin dealers need to explain on basic to those who are not collectors the value vs inventory and demand so they would have a better understanding why the coin is value the way it is. Keep making videos sir
I agree
Wish coin dealers were more like CoinHelpU. I have never met one who is friendly and not intimidating.
I met a bunch
Pawn shops will not give you a fair price, whether ur buying or selling. I’d lean toward coin shops that have been in business for @ least 5 yrs, longer the better. Treating customers with courtesy & fairly will reward the merchant in the long haul. Unfortunately, many “fly-by-night” types are only interested in ur business if they can make a big score.
I am working for the welfare of stray animals for the past 19 years. Now after retirement, I find it too difficult to care for my animals. I have coins, British, American, Phillipinos and Mughal. I do not know where and how to sell. Could you please guide me? My animals will benefit.
Watch this video ruclips.net/video/I8jHpfsQZf4/видео.html
Where is your store located at
Portsmouth, Ohio
OK I may come and seeing you when I get a bunch of coins gathered
Coinhelp also where are you located?
In Portsmouth, Ohio
So I Watched.I need to clarify. I didn't mean that 30% are crooks. I was referring to them not being like us. I put myself in because I'm not gonna cheet, my momma said to not say something if you know it and you say" well they dident ask" then you a crook. Over half of the shops I've been to (over 100) have that pre 1950 coin roll that's posted as unserched. Some say A never searched. If that dealer Isn't over 70 then I think that he can't know for sure. So the (Never) shop I just look around and Leave. Now the (unsearched) shop I ask them. If that means by them or forever? If they say forever I Excuse myself. The 4 that say by us I don't know for sure. That's my shop. Listen to go mamma!! Your great Bradda. It's good to be back state sids!!
In a sense, they are telling the truth but eliminating part of the story. A roll should be labeled as "Unsearched (by me within the last five minutes) Roll".
"than they thought they was gonna git for their coins"....Not from NYC are you ?? *~XD* Avoid all coin galleries on Billionaire's Row in NYC. You can find great numismatic stuff in the outer boroughs . Do your homework. *~;)
Why wouldn't a coin shop want to over a small discount on junk silver
I thought they did, we do, but when we do that people want to pick out the best looking coins. So maybe that is why some don't?
David Lawrence = yes
Offered well below gray sheet value. Ended up selling for more on Ebay.
Dealers will offer below Gray Sheet, that is common but doesn't make them a crook.
@@CoinHELPu $20 per coin for coins ranging in value between $60 and $125?
@@jgc3434 Where did you determine these coins were worth $60 to $125? Graded? What denomination? Precious metal content?
@@CoinHELPu graded seated half dollars. Value based on grade, gray sheet, and recent Heritage sales.
@@jgc3434 And he offered only $20 each? Hum...
I am selling a beautiful penny 1969,s how can I send you a picture of my coin, maybe you can give me any idea of how much it worth,,🤔😕
Not raw. It will only sell for decent money if it grades MS67 or higher and I can't tell you the grade based on images. I actually have a roll of uncirculated and they're just not worth that much.
@@CoinHELPu sorry sir, I don't want bother you again, but some one, was, offering me 59'000,,,, it is crazy 😕😕🤔🙄👍
You can buy rolls of BU for dollars, so it must be doubled die. The person must think it's a doubled die.
@@CoinHELPu the man interested in my penny was really shure,,it is DD, I hope he contacts me again,, thanks sir, God bless you, I like your honesty 👏👏👍
This guy should have been a teacher.
I really want to stop by your shop one day. I do appreciate you. Can I please have the address to your shop? Thanks.
Our website is portsmouthcoinshop.com Thanks
CoinHELPu It’s 27 hours drive from AZ. I guess I won’t be able to bring my coins to you for now. Is it possible if we could be friend on Facebook so I can show you what I have? Facebook: Jessie Tran (Asian woman).
@@meocon218 No way do I have time on FB to look over your coins. I need to see coins in person. Sorry but that is how it works.
Bradda!! I'm commenting before I watch. So I can say this. About 1 out of 10 is as Honorable as you are. Now that being said. I Hope your gonna say some goog good story. But Bra. I'm island 9 Right now(Las Vegas) And I have to come here to get fair deals. A Big. Bunch of Shark 🦈 on the other 8 Island. I'm sorry there is the one guy on Kauai, but he doesn't count because he's my cousin. In my 50 + years I have found it to be worse than 30% but if you count the ones on the web that number gets bigger then Mona Loa bra!!. Ok I gonna go see.