Never Say These 2 Things To Coin Dealers When Selling Coins - Don't Get Ripped Off

[@sonofhal9245]

So frustrating dealing with most coin dealers. Years ago, one guy immediately pointed out my 1928 Philadelphia Peace dollar amongst five other coins and said "hold onto this one, it's a good date". He offered me $250. and even showed me his markup. Two more dealers looked at it and slid it aside with the other common dates and offered me $25. a piece. Even with a beautiful cased 1883 CC Morgan w/box, I had a guy say "these are everywhere", and offered me $75. I called the guy out and he admitted the coins were worth much more and had no excuse for lowballing me. There should be somewhere to report unscrupulous dealers that belong to the Numismatic Assoc.

[@treysgloent]

Where do you even sell coins?

[@UnderWorldOfDarkness]

Dude, we have enough laws on the books that are not getting enforced. We don't need a law for everything. How about they make a law that we the people can't walk into a coin shop unless we have a certificate saying we took a coin collecting class for 3 months? See what I'm getting at? Where in your dispute with those coin dealers do you think that YOU have a personal responsibility in understanding the very materials that YOU are bringing into a coin shop? You are responsible for your own personal education. Rule #1 in everything and all situations .... if you don't educate yourself on your situation, sooner or later someone will take advantage of you. To avoid getting taken advantage of, .... LEARN YOUR BUSINESS before talking to someone about giving you MONEY for what you own. ...

[@sonofhal9245]

@@UnderWorldOfDarkness I didn't say anything about a law. This is not about the public educating themselves. This is about a reputable organization not policing their members, which reduces their credibility. The ANA is a voluntary organization that requires members to sign a code of ethics. What good is that if they have no system for evaluating and monitoring the members? All I'm suggesting is for them to have a system for investigating and monitoring their members who use their status as a member to enhance their business. How does that not make sense?

[@timber72]

@@UnderWorldOfDarkness Hear, hear!

[@timber72]

Doesn't pass the smell test.

[@pmh1nic]

Key statement, "there are a lot of dishonest coin dealers". I was shocked to hear this.

[@stephenlane5409]

why the truth hurts

[@edwingarretson4129]

Now there's a shop

[@edwingarretson4129]

See how organized he is talking a lot but not saying nothing

[@SweetLeavesXbox1]

Alot dishonest people in general. One day our AC went out. Simple fix but I didn't kno it at the time. I'm no Heating and Cooling guy so I wouldn't kno if it was a simple fix or not. First 2 companies I called told me "your unit is not repairable, you'll have to buy a brand new unit". Both said the same crap trying to get me to spend 10k. Btw, had to pay 100$ per service call just to be lied to. The 3rd company said "An animal or something chewed threw a wire". Literally a 20$ fix. About 100 all together including the service call. Glad I called around before I got a loan for 10K$ I never needed thanks to some jerks that belong in Hell. Make sure to talk to multiple experts besides 1 guy behind the counter buying your metals. To him, your clueless, that means your an easy way to make money. He wants something rare? "Il sell him this 20$ coin and say it's worth 120$". That happens EVERYDAY! Please check your metal/product before letting someone take advantage. When 1 person gets fked over, that effects everyone who shops at said store. Not good for business.

[@sonder2164]

🤣😂

[@rjsledz]

That's because you're an honest man and that's very rare

[@masterofcents.8175]

I have been a numismatic and specializing in errors and varieties for over three decades. I think you hit the nail right on the head. Good job man.

[@daneikiss3278]

I have a possible Extremely rare coin ( estate collection) is there a chance I can send you some pictures to you see what you think of it ?

[@KeithJakala]

Thank you for the great material in video. I am new to collecting and have amassed a fortune in coins and now I know what to do.

[@trapchronicles_tv1187]

I have rare coins don’t know what to do with them

[@Raylee543]

I have slots of errors need to be looked at

[@martythorton7106]

thanks you for being a fair coin dealer TT! We appreciate that so much sir!

[@timstiles9026]

Agreed... Sir it's rare to find a truthful person these days... I'd feel more apt to taking less from a coin if I felt the dealer was telling me the truth... I've held on to my coins just because I have so many that I don't want the coin dealer to "do as u said in the video" and offer me said amount for one or two and say $50.00 for the rest... U helped me fins motivation to look through my coins in sections so I can be prepared... God bless u and please be safe...

[@karolalbert6735]

@@timstiles9026 I won't be so sure he is so honest

[@karolalbert6735]

It is not him honest , it is people like you being very naive

[@RealAntek]

I’ve sold to my coin dealer many times and with success. Sometimes he even gave me way more than the coin is worth lol... but I won’t complain about that!

[@TreasureTownCoins]

That is awesome! There are definitely honest ones.

[@dhhenry7558]

There are NO honest ones where I live. And the one that really screwed me over was PSCG listed Dealer in NC? So I can tell you I have not found one yet in four years+.

[@yosquidd242]

@@dhhenry7558 Soon there will be fewer honest ones anywhere. Dumps in Denver are growing and cheating harder than a used car dealer. Why do they risk pissing off newbies grieving the loss of a loved one?

[@arethaboddy7490]

I guess it depends where you go

[@jmp.t28b99]

If he gave you more than the coin is worth, he is not very smart.

[@johngroves8015]

Thanks! You are such an honest/ethical person. It is so refreshing.

[@johnwaas7958]

Probably best to sell your collection before you die or when there is a bubble so your kids don’t get ripped off.

[@aloksrivastava7938]

It is even better to teach your kids about metals from an early age.

[@garrythompson2110]

Nowadays, with the internet, most people have no excuse for not finding the rough value of coins. People that I work with, have asked me about lots of coins. I will research them as best I can, however, I recommend a coin dealer that I have known for years and all of them have come back to me and thanked me for helping them. As I said earlier, it doesn't take a genius to get at least, some basic details about their coin/ coins. There you go, I've had my say.

[@calzonemaniacsvideocorner0804]

Also, at least with U.S. coins, the Red Book only costs $15 at the most, and it has everything you could ever want to know about U.S. coins.

[@raymondbrown940]

I think you did a great job at nicely letting folks know what they're in for. I've been a coin collector for 50+ years. And, I probably would have been a little more straightforward. The challenge with coin dealers is that they are much closer a flea market / garage sale business model than they are to a normal retail store model. So, you're dealing with honest dealers who are looking to score on a good "flea market" type find, which will include even ethical dealers. Plus, you're dealing with dishonest dealers who will do and say anything they can to lowball you. And, oftentimes, the person selling the coin is not a collector and not familiar with what they have. So, there are a number of factors going against you. I think the key is 1) get to know the other person, check reviews, and establish a personal relationship. This will allow you to weed out those in the latter category. Then, 2) educate yourself by doing some research and talking with multiple experts, especially those that you do not plan to sell to. You covered all of these very well in your video. Thank you.

[@polarbearsrus6980]

Thanks for sharing.

[@billybob77100]

Thank you so much. I have gotten a coin collection from my fathers estate and need to sell it for the estate. Great information for me

[@exmarine268]

I would never sell my gold or silver bullion for less than spot price. I would call multiple LCS and be willing to drive 4 hours or more to get best price. If none offer spot, then I become their competitor and sell on Craigslist etc. I do not trust anyone.

[@stewart5284]

Yeah waste gas driving to get spot.🙄

[@exmarine268]

@@stewart5284 - Four hour drive is only about $35 in gas. I don’t see an issue. I wouldn’t make such a drive to sell 1 oz only. Duh.

[@DrMatey215]

A 4 hour drive to get the best price? Waste of time and gas for a couple bucks.

[@exmarine268]

@@DrMatey215 - Wrong. Depends on how much is being sold. How much is 5 oz of gold worth? Difference in offer could he $hundreds. 4 hour drive is one $40 tank of gas. You gave no thought to this.

[@DrMatey215]

@@exmarine268 okay Jarhead, whatever you say.

[@kevincharles1983]

I inherited a cc Morgan dollar and sold it off for probably less then half is worth. Sucks. Needed money and didn't know what i know now. The guy definitely got me

[@starstacker1]

Never act desperate like you have to sell it.

[@coincollectingfun]

Big like number 135! Highly valuable information! Thank you so much for navigating us away from serious pitfalls!

[@tbird730]

Thank you so much for your education of the how interact with dealers.

[@BorniaPerez]

Thanks treasuretown host+viewers for needful coin info! NewYorkCity

[@SHAWNDAVIS-rh9ic]

Coin dealers are some of the stingiest people on earth. I saw I guy at a coin show arguing over the price of a coin with a customer who wanted to sell. The dealer wouldn't come up 5 bucks on a 100 dollar coin, all while drinking his $4 bottle of coke from the concession stand.

[@kelseycurtis1546]

Just one incident doesn't make it a reality for every deal. I have good friends at coinshows.I sell to people out of state and on the phone also.I deliver the coins and get paid well from dealers at coinshows.

[@AlbertLukas-tf9jc]

😊​@@kelseycurtis1546

[@williamallen7836]

Has to pay for that coke somehow. If the guy could get $5 more somewhere else, he should have just gone there. More then likely no one else was willing to pay that extra $5 either. The guy is running a buisness. Most coins are going to sit for 6 months or more. The longer they sit the higher the overhead that coin costs. Getting 80% for a coin that moves quickly is pretty much the average you will get, 50% to 70% for one's that take a while to move. People have a hard accepting this. Your choice is to accept it, sell it yourself & absorb the associated costs, or don't sell it.

[@kelseycurtis1546]

Never tell a dealer that you want to sell your coins to a friend but just want to know what they are worth. I always tell them then it's no longer a buy offer but an appraisal. $50 an hour .However , if you sell the coins or some to the dealer he may help you out ,but he's not there to help your friend and you do a private deal.

[@timber72]

That's 100% correct.

[@BruceGordon925]

Buying silver a little below spot and selling it to stackers for a few dollars over spot has made a good living for me. Tube videos have sold metal for me. So many people willing to lose money thinking they are investing. Thanks for the videos.

[@mikmik9034]

What it comes down to is: The Store has to make a profit. EASY to buy, "precocious metal" & Coins. Not so easy to SELL! So much for investing. The Market Value is what the seller sells for, that means the Store has to make enough to Profit, pay the rent, pay the utilities, pay the security, pay the employee and TAXES all around. There may even be a "kickback" to government employees (Donations to Elections, feed the inspectors kids, etc.)

[@PugDaddy-ze2gt]

Wish that I had a friend like you. It's going to come to the point one day where I'm going to have to sell off my old coins for my survival that my father & grandparents left me. It's troubling knowing that the wrong coin dealer could rob me blind from my retirement that I will have to depend on in my final years. I so worry for my future, I pray it works out for me in the end.

[@djtall3090]

Thanks for the heads up. I'm trying sell my dads collection, i think i will research a few, then get estimates from a few Buyers to help figure who's honest and who's not.

[@jrpcoins]

Like an idiot I sold my parents collection of 300+ Morgan's when I was younger to a coin shop in town and he was buying them at 30 - 60 a coin with 2 coins he paid 2500 for at the time..I highly regret it to this day.... Now that I'm into coin collecting I know he was just paying me spot and more than likely low balled me on those 2 coins. But then again they have a business to run. That's why I don't really like watching videos on Morgan's because it reminds me of the terrible mistakes I've made in my past. That doesn't mean avoid coin dealers just do your research before you go in and be fair, they'll do the same.

[@Yonder27]

One satisfied customer may earn you two future customers and one dissatisfied customer will lose you twenty. Pretty simple stuff.

[@richjones7815]

Never take coiins to pawn shops they will rip you off

[@Luweezy]

where should I take them then

[@richjones7815]

@@Luweezy coin shop i got two pawn shops near me, they lowball you dont get ripped off coin shop not pawn shops

[@BarefootBill]

Everytime!

[@parrotsandmore7446]

An hour or two reasearching coins🤣😂🤣. I just started looking at my old change that I stashed away, and I’ve been “researching” for three solid weeks

[@polarbearsrus6980]

Right, they are rare... butt has been melted into my chair for 2 weeks.

[@BorniaPerez]

Thanks treasuretown host+viewers for quality info! Needful...!

[@matteosternato2309]

this is a really helpful video, thanks for posting it!!!

[@TreasureTownCoins]

Thanks!

[@richconroy5559]

I have been going to a shop in New Jersey for close to 12 or 13 years now and they have always been very fair with me whether I am selling or buying.

[@TreasureTownCoins]

That's awesome!

[@TreasureTownCoins]

The long history with them definitely helps.

[@jameslittle265]

Im in New jersey may i ask the name of the place you go to ?

[@richconroy5559]

@@jameslittle265 Yeah, sure! Jersey Coin in Hazlet.

[@jaysantos536]

Coin dealers are notorious for paying a $0.05 on a dollar if they can get away with it.

[@TreasureTownCoins]

True!

[@UnderWorldOfDarkness]

@@TreasureTownCoins My local coin dealers here in Tucson, AZ mostly deal with gold coins from around the world worth 10's of thousands of dollars. They don't want to deal with pennies unless they're Wheat Penny varieties. And they go strictly by the coin error books. If it's not a listed variety, they don't want your coin, even if it's clear you have found a new variety that hasn't been discovered yet. If I have a 1940 wheat penny with no errors on it, but it's in great shape, they will only offer me between .03 cents and .07 cents. Which means I would be losing money because it would cost me $2.00 in gas to get to the coin shop. They say no one buys those kinds of pennies. If that's true, then I can see their side of it. Which makes me think, if I don't have a $10,000 coin, it's not worth my time to even try to sell it. As for me, I'm not looking to become filthy rich. I have some coins that I'm willing to let go of for .10 cents on the dollar, to make a fast sale for health food store supplements. Not only are my local coin dealers not interested .... they're rude and snarky about it. That's the worst part. Getting talked down to from these coin dealers like they think their some upper class elites and I'm just some unwashed peasant who deserves to be treated like a snot rag because I'm not walking into their store with a $23,000 solid gold coin from Egypt or something. ..

[@RobertBallMagician]

Some great pointers. Definitely check out several dealers, and research the coins that can give you the most value.👍👍

[@TreasureTownCoins]

Thanks!

[@gemmanicolas2102]

I have lots of different old coins but where I can sell it?

[@gloriakiss5823]

If you don't get the price you know is your worth Just say goodbye

[@hoodiedee4828]

Thank you for your Time and Info, it was very helpful. Have a blessed day and don't forget to Enjoy Life. From Bridgeport CT.

[@TreasureTownCoins]

Thank you! You too!

[@flybone100]

Fine line between selling yourself and doing the work, or, in effect, pay someone to do the work for you. How much is your time worth, how fast do you need the money, etc.

[@marcosgoldenvoice]

Thanks for the information! I watch your videos avidly! 😁👍

[@rebeccakephart2195]

oh hello I had a question I've been watching your site and a lot of what you're saying applies to me and I was wondering is it not customary to give a receipt for the coins that were taken and purchased an itemized receipt And the whole thing about bumping up the other coins that are set aside is a total reality thank you for your channel

[@lizamackenzie5414]

Thanks so much. That was so helpful. Good to see you Christian.

[@-BigMike-]

I've been VERY fortunate with my local coin shop.. Here in west Texas, there are not very many coin dealers. The one legitimate coin shop within a 150-mile radius is a well-known, well-respected member of the community. My biggest takeaway from getting to know him is that you can't put a price on honesty. He started with 1 shop in '82. He now owns several shops all over west Texas and has a thriving business. That's what happens when you play it straight and are more than fair (almost to a fault)

[@TreasureTownCoins]

That is awesome!!

[@tomjones4472]

BigMike, I'm pretty sure that you and I shop at the same place (I'm in Midland). If so, I absolutely agree that he's the most honest dealer that I've ever dealt with

[@bc_usa]

Or maybe that's what happens when there's no competition? 🤔

[@marshasedunov5488]

Would like to send a pic of my coins to him.. what is the shop?

[@marshasedunov5488]

Which shop?? Can't find a honest guy in town.😢

[@doylecole]

Thank you for talking about this! Great video!

[@EmilyTienne]

If you’re not keen on getting ripped off selling your dad’s collection, why not just keep it? You’ll have something to remember him by, and over time, you just might pick up a new hobby!

[@UnderWorldOfDarkness]

Perhaps their father abused their them, so their children don't want anything to remind them of him. Perhaps they want to get rid of the bad memories, but at the same time, want to make sure when they sell it off, they get the right price. ... being afraid of getting ripped off is remedied by educating yourself, which is the point of these videos. ..

[@EmilyTienne]

@@UnderWorldOfDarkness Hey, we could all using some growing up. But you’re right…not all dads were good to their kids.

[@Eric-dd8bk]

@@UnderWorldOfDarkness You need to get your mental state diagnosed buddy. You are going around thread to thread spamming the same thing and even slandering a certain group of people. Help yourself first before you can help any cause.

[@UnderWorldOfDarkness]

@Eric-dd8bk What group of people am I slandering? If you have something to say, then say it. Stop with the riddles. If you want to have a conversation with someone, try posting a complete thought. Oh, that's right. You really don't want to have a conversation, you just want to talk down to people right?

[@karakiraly3013]

I wish I still had my dads. We started one as a family & my sister pawned it when he died without me knowing for god knows what. I have almost every coin we had by searching every day since.

[@fireball133]

My local coin dealers are super nice and do a lot of business!

[@TreasureTownCoins]

Awesome!

[@gustavolamas-xm1cr]

You r the first one, to really be HONEST. I have many LINCOLN CENTs, from 1937 to 2009 I would like to SELL THEM ALL. I'm a RETIRED MARINE CORPS SNYPR. Can you HELP?

[@theyuha]

30% cut means many will always lose money on coins. Ebay fees are quite high. After watching this makes you want to never buy rare coins at all unless you can get significantly below list. On top of this Ebay charges tax on everything which is unfair. Silver and gold should not be taxed. In Russia they do not tax gold and silver because they know gold and silver is money. Plain bullion is a better bet, less expense and can move faster. You give some realistic good advise though.

[@yamaha226]

Isn't that the truth.

[@silvertopaz509]

Question: Would you say, most coin value in the Red Book are 1/3 over priced. In the last 1.5 years the going prices on ebay have gone up 10 to 15 % or more. This is U.S. coins. Have you also noticed this or is in just me? Take care. Always enjoy your videos and the info you provide.

[@allancolegrove2874]

Good information

[@TreasureTownCoins]

Has been a very strong market recently - I think the sold eBay prices are a way better judge than Redbook.

[@silvertopaz509]

@@TreasureTownCoins Thank you. Need to find out how to view that.

[@dwrutsgnt4225]

Thanks for the info! You are spot on

[@TreasureTownCoins]

Glad it was helpful!

[@deepseadiver57]

So, if I send in a very valuable coin with some other coins into be graded, how do you know the coin grading company won't cheat you out of it by sending you back a different coin?

[@TreasureTownCoins]

They won't - too much on the line and they have video cameras covering every step of the process.

[@Yonder27]

If by chance that happens and it is Very rare they will bend over backwards to make it right. Like the man says too much on the line.

[@e.g.flores2819]

You can beat a video camera everytime even if they open it on camera and seal the box. When they are off camera they open the box again put the another coin in, reseal the box and bingo they got you.

[@quarter-py4nr]

I only deal with PCGS. I have never heard of any issues with them. If you deal with major grading services you shouldn’t have any problems. If you are worried about it take good quality pictures of it. They make magnified camera adapters that fit your cell phone. Most all coins have some distinctive marks on them.

[@dennisshaw5454]

Exactly, and if you do that your not very bright. Business has no honor anymore.

[@bahapanties]

Don't invest in precious metals with money that you're going to need for everyday living expenses. When it comes time to sell its better to come from a making profit angle than a " I have to sell it" angle and sell under your purchase price.

[@indivisibleman8596]

The reason I would say I don't know about these coins is to gain some knowledge from the coin dealer about the coins. Maybe they will say something I don't know already.

[@anthonyiocca5683]

FYI Collectors creed; Value is realized by what the owner is willing to part with the item, and what the buyer is willing and able to pay. Possession is worth 9/10th; Anything is not worth as much when you “want” or “need” to sell it. When you want to buy anything it’s value rises depending on how bad you want it, or how bad others want it.

[@b.anonymous8120]

Great advice ... coin dealers are market makers and your tips will help owners get a reasonable result

[@TreasureTownCoins]

Absolutely!

[@hackmedia7755]

dont go to a coin dealer. Go to a PCGS show and ask people there to certify your coins. Get your true worth.

[@glennsaulsbury9177]

Look around when you want to sell your coins. I had some very nice red brown Lincoln cents late 20's early 30's. One dealer looked at them I'll give you 20 dollars for them. I said,' I'll keep them. Another dealer said, I'll give you 83.00 dollars for them, 9 coins total I figured I may have lost 15.00 on them but way better than the first guy.

[@TreasureTownCoins]

Smart! Sounds like you used good discernment.

[@nisahoji5495]

I will say they take advantage and they communicate with each others

[@IOSALive]

Treasure Town, amazing

[@WvhKerkhof]

I do it different, if i buy from a dealer i tell him i have to pay costs like Ebay 10% and then I negotiate about the price if he doesnt ask a price 20-30% under the value, I buy nothing. If there is a bullmarket i do it different but nowadays, i pay less and if i want to sell i still can make a profit, there is always a dealer who needs cash.

[@yetanotherjohn]

If there is any chance a coin is worth more than say 500, getting it graded might be a good idea, especially if selling it on eBay!!

[@MEDIADIPPP]

Thanks alot how can I follow you on social media. I have 2 JFk dollar coins from 1964 where his hair is obviously accentuated and I think I'm sitting on some pretty valuable coins from my collection

[@tweetybird3597]

Honesty is the best policy, but is more rare than the coins.

[@silvadelshaladin]

Of course you can also try to sell at your local flea market. If you went to a dealer and they said your coins were worth $1500 and you disagreed, you could even try to sell them as a group. Worst that happens is you spend 4 hours and find out that dealer was actually giving you a passable deal, possibly gaining some knowledge as people try to parcel your stuff out. Middle case you end up selling them for say $1700, and you got paid for your time. Best case, someone comes in almost immediately with $2,000 cash for the coins and you are done.

[@TreasureTownCoins]

Good point!

[@hackmedia7755]

go to a coin grading show. Like PCGS or NGC asks experts there to find out which coins you have are rare then pay to grade your coins. Then go to a coin auction like heritage auctions.

[@KevinFinnerty-c4n]

Worst case you get robbed. Flea markets have nonexistent security and a team of thieves can easily ruin your day

[@TammyJensen-k6x]

I have a 1967 Nickel in what I would say is 66 or better grade. (I’m being modest) I have not gotten it graded yet. Now what makes my nickel rare is that it has full steps. This coin is absolutely beautiful. I’m interested in selling it. Could you direct me to someone that would be interested in buying this? Would be happy to show you pictures.

[@LawrenceSowa]

Thanks for explaining that!!

[@scottmedinski4519]

All something is worth is what someone is willing to pay, basically what it comes down to. The value of a collectable item comes down to many factors in play, supply and demand, weither it's a common item, extreme rarity, how many are produced (mintage as example), condition (new, mint like or worn, wear and tear as examples), metal composition types (precious metals involved), etc. It is human nature to make money and profit by buying low and selling high. Keep in mind a collectables dealer weither its coins, stamps, sports cards and memorabilia, etc., or even a pawn shop owner is running a business for their livelihood and must make money and profit on every transaction they conduct on a daily basis. They have many bills to pay and operating costs associated with running a business such as rent, employees, heat and electricity, supplies, taxes, etc. Also many collectors and dealers may only collect or specialized in a certain categories such as precious metals, extreme rare varieties as in minting errors, or the brave souls who try and collect everything in a coin decimal series, etc. Keep in mind a price guide is only a guide for a collectibles price, a dealer will only pay you a fraction or percentage of that and thats only if they are interested, as they need to flip that collectible in order to make money. If you are a new or novice collector looking to sell, hope this advice helps.

[@irisaponte8688]

I just received a huge bucket of coins I’m getting ready to go through ❤❤❤

[@dhhenry7558]

There are too many crooks, I have not had any contact with a good coin dealer? I lost tens of thousands from selling it too crooked coin dealers. Almost all my massive collection is gone and not for the money it should have. So I say beware!

[@TreasureTownCoins]

There are some... but they also need to make money. A matter of how much you value your own time.

[@dhhenry7558]

@@TreasureTownCoins I know they need to make money but to totally screw someone? I will tell you, I had a completed Blue Book of pennies, it had ALL the 1909 varieties plus a beautiful 1955 DD in really good shape? He was looking at books and papers so I thought he knew what he was doing? He gave me 1.1K for WHOLE book. I just heard a 1955 DD went for 30K and a 1909S VBD in decent shape goes for about $800? So I took a royal screwing on that one? And I have run into plenty more like him, in fact I have not run into an honest one yet? They have taken over the bottom of the barrel from Car Dealers?

[@Luweezy]

@@dhhenry7558 ah damn, yeah u got ripped off

[@dhhenry7558]

@@Luweezy Yes I was screwed with my pants up.

[@OgMoonMist2410]

Let's break some new known high ms 🎉 love your stuff man I really hope you like what I got for you listed cuz your going to absolutely love these 60s and 80s

[@Deathmetal104]

I hate going to local coin dealer shops, I've had some bicentennial quarters that were in great conditions and we're worth thousands, they only wanted to give me $20 for all of them.

[@homerfry9234]

So sell them for thousands elsewhere

[@Deathmetal104]

@@homerfry9234 That's what i'm trying to do lol

[@b-man1232]

Wait, bicentennial quarters worth thousands.......whaaaaat?? Most raw one's are worth......a quarter.

[@Deathmetal104]

@@b-man1232 yeah i've seen some being sold for $1000 to $3500, and I was trying to get at least $1250 for a few that I had but they only wanted to give me $20

[@profenew9640]

With old coins its more difficult. New coins are usually straightforward... pay near the spot price of silver or gold.

[@jamesgoertler133]

I have some Quarters that I've kept for years that I'd like to sell. 1985 p stamp, 1977 no stamp, 1967 no stamp, 1974 no stamp. All look in good shape to me. Thanks, Jim

[@Larry-wz5kf]

Graded coins. Are. Worth. More ?

[@rickdavis1782]

You at least know what they are!

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[@oliviabaker6548]

I've got up to $300k returns since I came across Amelia Nova my financial life has completely changed thanks to her🤗

[@aaronjeremy]

Please I'm very much interested how can I get in touch with expert Amelia Nova?

[@Conoralen]

I'm new here and really want to know some important things about her. Does she also offer mentorship, lectures and tutorial? How do I reach her please help

[@kallepetterilampi5480]

Main problem is people take Red Book's "values" as 100% true and written in stone. Try looking actual happened and sold auction prices which tell somewhat authentic values ( That is if purchase situation is not intentionally manipulated or buyer substantially overpaid. ).

[@rdptll]

Whenever you sell anything to a store or a retailer...you are not going to get the best price.

[@patrickwelch1010]

Interesting . I bought a coin collection in the 1970's. It's been sitting for some fifty years in my safe. I think I know what I have just by seeing what others have sold for. I've list each . About 200 are 1921-1935. The total 400 Morgans pretty much every year . I need to pay to have about 140 graded. I bought them very fine . In Phoenix not really looking to sell just get all graded.

[@alanrose4827]

Britannia Coins told me my collection is just the junk they sell at £3 a kg. As a tradesman I know copper scrap is far more valuable. However, their loss my collection includes a 1943 silver 3D, Baldwins sold one for 5 figures! So, avoid such rip-off attempts!

[@jayamansinghani3118]

EASY to BUY but not EASY to SELL thanks you sir have a nice work day 🌿🌿🌿🙏🏿

[@shadowtiger2363]

Had a bunch of old coins some had some value the dealer would only offer small money the coins are now dumpted 😂😂😂 sometimes knowing someone else didn't profit from a quick sale makes things better even if the coins are gone.

[@jerrytaylor8713]

Is it wrong to try and clean old coins with a pencil eraser?

[@pennycoleman9908]

Very good info. Thank you.

[@memoryrinehart]

So shouldn't the owner of coins want to make a profit on their collection too? What's the sense of selling at a loss?

[@CatsMeowPaw]

People don't realize it takes a long time to sell the coins. Sometimes years on eBay. One option I see people take is going to estate auction sellers and putting their collections there. My local auction houses take 20% from the seller, and the auction prices are actually pretty close to retail. I doubt any coin shop is going to give you retail minus 20% for your coins. The one exception I would make is selling bullion. Never send it to auction. I see lots of gold and silver bars being sold at auction. The seller gets 20% less, and the buyer has to pay a 16.5% premium, so it makes no sense to sell there. Take bullion to a bullion dealer where you should get the melt price.

[@clarathomas3219]

I got a couple coins I'm trying to get rid of some have Dye Damage and I got a 1955 Penny with double dye on the 55 and a 1963 black beauty

[@antonschulte9150]

If you are a coin collector or if you invest in physical precious metals, please makes sure you leave notes about wich coins you have and how to determine their value. If your family knows about the value of your stack / collection or they know about your notes and where to find them, they are way less likely to sell the coins way below their actual value if you pass away or if you should be involved in a accident/ long term illness wich leaves you unable to sell your assetts / deal with your affairs on your own in a situation of need.

[@FayeHingaia-je9iw]

I have a 1977, 1 cent Libraty is it worth holding on to, I’m wonting to sell it , if it worth anything.

[@Shadowmaster82311]

Forget the coins, tell us about those sealed MTG and Pokemon booster boxes

[@pmh1nic]

Folks that have never run a business in many cases don't understand the cost involved in just keeping the doors open. That business has to pay to expenses AND pay a home mortgage, a car payment, food to feed the wife and kids, etc. If you could consistently make 30% on every deal that would be great but in some cases it's going to be lower which means in other cases it has to be higher. As you said, people come in with false expectations and get insulted by an offer that is 10% below the retail price they paid.

[@terrancenorris9992]

Get a Redbook of U.S. COINS or an authoritative Book on Foreign Coins and DO YOUR HOMEWORK with your coins using the books!.

[@paulyang9590]

Never invest on gold coins again, when we bought the gold coins, always buying over spot price. But when we try to sell gold coins, we only get 95-99 % of spot price for it. Sometimes, only get melting metal price. What a rip off. Who are making the money? Never has

[@mariaesperanzaghahramani653]

Thank you for the information, ❤

[@junoj2836]

insightful and proper, good channel. helpful host. Please continue.

[@simolari67]

i ve got a 1943 copper its said 40 are circulated only 13 verified found its worth 250,000 id sell it for 125,000 any takers its very rare

[@KevinFinnerty-c4n]

Is it certified?

[@ajaibkhana-5999]

thank you !

[@Landman1369]

That’s true! All the Best in 2024.

[@marcofsw]

Try saying ”I just polished all my silver coins” see how they react.

[@JoniSmith-n1t]

Are 1943D and 1944 pennies worth anything? I have many but the prices are all over the place. They are in fair condition, thanks

[@CharlieMontoya-ti4wn]

what can ONE do to ensure THIER coin is not switched by appraiser s when getting graded & how go about knowing some how it's your same coin

[@DrMatey215]

Some dealers are con men. Worse, than pawn brokers. You always have the right to say no.

[@mski435]

Very much appreciate your honesty and candor. So refereshing. You would not happen to live in northern California?

[@mariaesperanzaghahramani653]

Hi, I have couple of different coins I want to sell . We’re should I go to do that? Thank you in advance for your help.

[@annafinocchio6498]

I have a 1937 buffalo nickel , what is it worth, and what do I do now..

[@SmouseHouseHobbies]

There is no coin shops near me and I friends aunt wanted to sell a relatives coin collection and asked if I would be interest. Well I am VERY interested but told them that I'm still new and don't know the value of a lot of coins because of the grades and also I don't know rarer years off hand. So I recommend to them, to wait a month and take it to the coin show so they can have multiple dealer look at it at one place.

[@TreasureTownCoins]

Sounds like a good idea. I would definitely check it out and make an offer!

[@monarene44]

Just go on the Internet and look up the value of a few coins at a time.