Coin Shop Chronicles 01-13-09

[nattybumppo]

:shock: Here is a first for me. Today I offered $10,000 for a (1) silver coin. These people need the money too, and they were thinking "It might be worth more in 50 years." I kid you not, that is exactly what they said. I told them, "You can buy thousands of coins and have thousands of ounces of silver, but if you keep this coin, then you have just one; less than an ounce of silver, single coin." They kept it. :shock:

[moestooge]

I've been around the coin business for more than 20 years, and I've heard similar stories before. If you had been a total sleaze and offered them $500, they would have jumped at it.

[hatch]

so wat kind of coin was it natty? i'd be interested to know.

i'm always tellin my nephew that it's sometimes the pocket change that's worth the money.

respectfully,
hatch

[nattybumppo]

1700's Dollar

[hatch]

that's cool, natty. i'm going to have to try and pull some photo's up now.

as older people in my family have died, i have gotten the change box or can or whatever they put it into. most of the coins are in circulated condition, but still a 100 year old coin is just plain fun to hold.

since i am childless, my nephew and neice know to go thru my stuff very carefully. i have told them there might just be treasures there, you never know.

when i was a child i would go with my father metal detecting for civil war relics ( we live in the south). one of the things we found was an 1856 half dime. that was the beginning for me. i became fasinated by coins and their history. still have that half dime, btw. sold a lot of other things thru the years, but not that.

respectfully,
hatch