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Daniel, you were more than fair. You wanted to show the seller the list of how you arrived at the offer, and that shows honesty, transparency, and respect. I know in the back of your mind this isn't charity; this is business. Can you resell these coins and make a profit? Since you made the offer, the answer was yes. You know what moves because you've been around for a while. This is also a small investment. How quickly can you recoup the $160, using the profits to purchase more inventory? All in all, like I said, you were more than fair. You did well, Daniel, Obi-Wan Kenobi of numismatics.
From the UK here. I watch your videos quite a lot as I have a reasonable amount of US coins in my collection. I’ve never commented in the past, as I just watch to educate myself. However, I felt I should post this time, as your honesty always comes across, and this video just reinforces it! Well done, and thanks. Keep it up!
I had an offer of $120 in mind. You can tell he’s not out to skin the guy. I wonder if the guy had assembled this himself or came into it. I like that Daniel took the whole lot. The guy wanted to be rid of it.
As a youngster in the late 1960s I took an interest in collecting coins from circulation supplemented from occasional visits to a local coin dealer. This video brings to mind a memory from the coin dealer. Around 1969 I was there with my parents when someone came in wanting to see what they could get for their $1.00 silver certificate. I remember overhearing the dealer tell them he would give them 95 cents, or they could spend it in his store for a dollar.
Good information. Recently my cousins' husband died and she wanted me to sell his coin collection. She thought it was worth a few thousand dollars. I check the coins value in the current red book and told her the coins were worth less than she thought. Went to three different coin shops and they all said pretty much the same as you. A lot of the coins were pocket change and the ones that were silver were very worn. She took the best of the three offers which was way lower than she hoped for.
If you did not have a YT channel I am sure that you would probably just offered for the non-pocket change stuff and I would not blame you a bit. The misinformation that is floating out in the world about "Rare" and "mint error" and "no mint mark" frustrates me soooooo much. You're a better man than I am Daniel Malone.
These videos are so informative, I don't want my family to get excited about a collection passed down to them only to be be let down. I've kept some of these same coins thinking they maybe something but thanks to your honest educational videos I'm gaining the knowledge of what to keep and what to spend. I bet this scenario appears at your store often, it must be hard to constantly break the news. Hopefully they watch your videos where we can all see how kind, thoughtful and honest you are. Thanks again for what you do for us all!
Problem with this for you is, its a No Win. It takes 30min+ of your time which is woeth at least $50 an hour and at best you have to take 2/3rds to bank. And you may make $10 profit reselling what you bought. So basically you are providing a community service.
Being informed and doing your research is key. When my father died and I went thru his collection and realized that he had basically change like you said. Some silver coins. Some silver dollars bills. Im keeping these to pass down as something from my dad to give the great grandkids. I'm a coin collector because of my father and I'm hoping the next few generations gets hooked too. I'm the Aunt that gives them money/silver coins for birthdays, christmas, good grades, etc....
I genuinely respect your honesty and integrity. You are doing a great service to both buyers and sellers by making people aware of the realities of numismatic 'economics'.
People will also keep coins, because they think that they coins it MIGHT be worth something. Or they may hold onto a damaged coin just because they like the way someone made it look. Those inheriting coins of this type need to understand that their loved one collected coins as a hobby of interest and not an investment from which they could retire early.
Honesty is the best policy, but the truth hurts sometimes. I found that a genuine smile while delivering bad news to a prospect or customer, with empathy, goes a long way towards cultivating an honest reputation. TY for sharing.
You're a good guy Daniel, and a good dealer. That was as fair a deal as could be expected. I've already made up my mind that should I ever decide to sell my collection I'm going to plan a trip and come spend a couple days in Ohio ! "You're a gentleman and a scholar. Protect yourself, there's not many of us left !"
I think you did the customer right. My dealer buys that stuff and when a kid comes in and spends money, he gives out those modern dollar coins and Halves out as change. He's got a 5 gallon bucket of the stuff and he keeps all the copper pennies he gets in a different bucket.
One of my lcs dealer once told me that he will always make an offer on anything someone brings in because they will always come back. He's been around for a while, so maybe that could be a good thing for business. 🤔
Wow, except for the silver dimes, it looked like a bunch of junk to me...I'm surprised that you gave that much. I just started collecting coins, and my stuff looks a lot nicer than that. If I ever want to sell them, I'll go to you!!!..
This is absolutely unequivocally why I need your channel Daniel. I've said it before and I'll gladly say it again........... You are the saving grace for a newbie like me. Ty will never be enough to express my gratitude but it's all I've got ATM. ❤❤❤ Ty more than you could ever know.
Thank you sir for being straight forward and being honist on all your videos sir. I watch alot of your videos and im still learning but I jest wanted to say thank you for your kindness and sympathy and being true to the trade. Hope u keep the videos coming. Have a good day my friend
Thanks again Mr Daniel. Even though most are face value, I still like “looking” through the collection with you. Very informative. I would love getting a few hundred Eisenhower’s at 1.10 each. Here in CA, no bank I ever go to has any. I can never find any.
We encounter these types of "collections" all the time. They watch bad info on TikTok and other sites that lead them to believe they have a mini fortune! We are the bad guys that give them a reality check. Most understand, some just think we're trying to "get them". Good video!
Thanks Daniel. I think you did the best you could have there. Can't be a charity but if useful for the many reasons (like this video etc), I would have bought it it for the prices you mentioned. That being said, it might invite more things like this, on the other hand, some could have nice surprises in them. Being honest and helping as best as time can allow, is good.
Thanks for your honesty I'm in a similar situation where I found a book at an auction and there are some cool items but I'm not knowledgeable enough to take risks. The best thing in my book is what I think is mint, 1877 trade dollar. still worth a pause but over all the book is so so.
I had a friend who was selling a collection as part of an estate sale. It was just like that collection. To myself I thought I'm not excited about any of these coins since I have so much like that already but I felt bad I couldn't find much value there for them. So I can relate to what you are saying.
I thought you did good for that customer. Hopefully they didn't think that you ripped them off, but if they watch your videos, then they'll know you're a good guy. Thanks for sharing.
There is always a market it is a business decision on your part gave them the some molasses with the sulphur. You bought them and turned it into an very nice and respectable video.
Working in a coin shop - I see these low value common coins coming in - and some people have high expectations - and by the time you have separated the common silver coins from the rest- and spent time on dates and condition - you as the dealer are already on a losing streak - not to mention the fake gold and silver coins - the argumentative customer who saw "" these high value coins on Ebay "" - and aļl the variations in between - it is simply NOT all joy dealing with coins - and sometimes angry customers
Fertilizers in the ground will ruin a coin in no time. I've found coins that were only a few years old in parks that use a lot of fertilizer and they looked terrible.
I need to go thru all my coins. Some I've kept just bc I liked the way they looked. I need to tell my sons that...and soon. Thanks for the video and a reminder. ☺☺
Daniel, good and sincere people are really rare. Thank you for giving your time to coin collectors' education through easily understandable formats. Please, continue ... Sincerely Peele Dunn
My friend bought a large collection of Whitman albums most of it was change literally I spent a few hours pulling out wheat cents, Buffalo nickels, war nickels, silver out. Then I dumped the face value stuff into a jug. It’s the sad reality of this. You gotta take the good with the bad and move onto the next deal. Sometimes the pocket change stuff is very time consuming.
I was actually been in the local shop here when some guy brought in about a pound of change not in a book, but in a sock and wanted the coin dealer to go through it, he was told to take it to the coin star across the road. I got to say you were nice, most dealers would say thanks but no thanks.
While I was watching, I did a fast calculation of what I think I would pay as a fair price if someone brought this to me. I came up w $165, which is very close to what Daniel had. I would be hoping to make maybe 5%-10% profit selling the salable items thru my coin club auction.
You were very fair and honestly overly generous. You might make $5 on that Morgan, a few dollars on the 90%... Everything else is going to sit for ages and while yes, you will make money on it... you'll likely take a year or more to even get your $160 back. Not many people are actively looking for things like bulk indian heads or buffalo nickels, at least not at the prices you gotta get to stay profitable. Plus all the labor... It's a good thing you got this youtube channel to subsidize that buy haha. It's deals like this that stink for dealers... because often times customers think you are trying to rip them off, when in reality you are doing the opposite... you are overpaying to help them through a tough time. That was honestly nice of you to help them out, hopefully they know you were extremely fair.
I have a book like that but there's absolutely zero "change" in it. I enjoy type coins, and some of the British sterling stuff, even some Canadian silver in there but yes, I see what you're saying. There's a guy at work that sees the TikTok videos of a 10k error penny or quarter or whatever, coming right from your pocket change and he thinks everything is valuable.
I know lately I've been thinking about writing things down for my wife on what's worth money over what's just coins I thought were neat or cool that I've saved, just in case I would die, that way she knows, but for the most part anything of any value goes in my safe. And it's not much other than junk silver.
You’re a Better Man than me Daniel. I wouldn’t but any of that junk. But that’s what you get with the internet Hype telling people circ Bicentennial Quarters are worth thousands.
Right! the web is overloaded with it.. errors and things that do not exist, scammer made it up, scammers got my dad with them fake morgans.... he barely see/ walk/ or hear was like pops, just ask , to be honest they are really good counterfeit. but just lay it next to one and can tell.. one even passed my buddies ping test app.. so they are really getting creative with them.
Another interesting video, Daniel. I like you would have bought the silver, Indian head, the Wheaties, the Buffalo, and the War nickels and told them to either spend the rest or deposit the rest in the bank. I then would explain and show them why. Thanks again, Daniel, for all you do for the hobby and everyone, and have a great day.
Daniel, you are a great guy. Please be aware that the Canadiam Queen Victoria coin you gloased over is 92.5% silver (sterling) and highly sought after. You may want to further inspect that coim for varieties such as obverse type, dd, repunched, etc. Some can be quite valuable especially since mintages are relatively low.
Yup, so right.... I to also love how Daniel is honest. He seems to be a down to Earth kind of man. He believes in the truth, and finds it hard to try and scam or whatever you want to call it to unsuspecting customers. Kudos for that... But he forgot to mention the awesome things you can and will possibly find in pocket change. I know this first hand from experience. I have found three different double die reverses in my pocket change. No BS, found a Sally Ride 25cent DDR , a Maya Angelou DDR and a one cent 2009 Lincoln Formative years DDR... So there's some awesome finds in pocket change, just gotta separate the common from the uncommon...
Your a good dude. Your the kinda guy a man wants to do business with.. that gentlemen doesn't probably realize you was doing him a big favor. Im going to come up ive got some type 1 and type 2 Eisenhower 1976 bu.
Your too much of a nice guy. I had a dealer in my area who wouldn't even buy gold from me. I had to laugh never heard of a LCS not buying gold ....well to be fair it was not a coin but a 1 oz. PAMP gold bar. I went across the street to the other coin shop and they purchased it.
Good job, I understand that you are operating for profit. I have the Big Red Book, and use it as a guide for buying coins, and it seems pretty accurate. Two things here…. I went to my local Coin Shop. He has a lot of coins and seems to run it by himself. In one of his cases I saw a Morgan Silver Dollar. He also had a Red Book close by so I looked it up. The Red Book had a $110 value on the dollar. His price was $70.00. I figured that it was possible that he forgot to increase the price of the coin because he just forgot about it. At one time it likely was a $70.00 coin but because he’s so busy buying and selling this particular coin he didn’t update its worth. I ended up buying it. I also see a Big Blue Book that apparently Coin Shops use to purchase coins. Should I use that as a reference when I purchase coins ? Thanks. I was wondering if you always update your coin prices .
You were more than fair on the offer I would of refused on the change and damaged coins and made an offer on the silver and buffalo and Indian head cents and large cent.
I was a military antique dealer and did very well. There were some problems. When I started advertising, most people brought me junk and wanted top dollar. I tried to tell them that a surplus uniform in size small is unsellable. So it's totally worthless. The they accuse you of ripping them off. I don't know how I did, I didn't offer to pay anything. 9 out of 10 transactions were a total waste of time. I had a buddy with a brick and mortar store. He had tons of junk come in, but when something good came in, it was spectacular. But he had to be there 6 days a week! I don't think it was worth it.
I love when people accuse someone of ripping them off when they refuse to make an offer. They also forget that anything a solider or sailor would have used would have been produced by the tens of millions. Your Vietnam Era mess kit or gas mask is not a treasure.
@LukeL007 100%. You totally get it. Most US ww2 uniforms too. We had almost 6 million in uniform with multiple uniforms each, plus the ones that didn't get issued.
Great content/video, so many people "collect" coins, have no idea what they are worth, (mostly not that much), nor what to do with them. My collection will likely go to an heir who shows an interest in coin collecting, I will ask them to do the same (pass them on). Mine started with my Dad, so its multi-generational, nice to think at least it might go through history remaining in the family, and that those of us who collected the coins (contributed sometimes by other family members who know I enjoy collecting too!), will have shared our interest/hobby with future generations of family members. I recently created a formal collection for an elderly woman whose husband passed away, same sort of thing, in the end I recommended she view the collection as an heirloom, pass it to an heir who would appreciate it, etc. She jumped on this, (very sentimental most of the coins were collected by her late husband who recently passed, some were collected on their trips abroad), she knew immediately who she would leave the collection to. Wonderful outcome vs just turning it in for an inconsequential amount of money.
Hello there like your videos go honest opinions to people on there collections. Yes i been there myself, I collect for the fun I have a few that are worth something. Some maybe down the road be worth worth worth
My dad left us his collection of every coin minted in 1942, unc or better (when possible). I understand what drove him to complete the collection, bc I inherited that collector’s mindset. Just have no idea what to do with his collection.
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No. I would not. It is too generous. You are a business, not a charity.
Good vid
Daniel, you were more than fair. You wanted to show the seller the list of how you arrived at the offer, and that shows honesty, transparency, and respect. I know in the back of your mind this isn't charity; this is business. Can you resell these coins and make a profit? Since you made the offer, the answer was yes. You know what moves because you've been around for a while. This is also a small investment. How quickly can you recoup the $160, using the profits to purchase more inventory? All in all, like I said, you were more than fair. You did well, Daniel, Obi-Wan Kenobi of numismatics.
Most dealers would turn the sellers away. But I want to commend you for helping someone out who is financially strapped.
You were very generous. You can't help yourself. You're a nice guy. And, that's a good thing. Thank you for the video!
From the UK here. I watch your videos quite a lot as I have a reasonable amount of US coins in my collection. I’ve never commented in the past, as I just watch to educate myself. However, I felt I should post this time, as your honesty always comes across, and this video just reinforces it! Well done, and thanks. Keep it up!
Honestly I thought you'd offer the dude $100, you were being nice about it. Thanks for being a good dude.
I had an offer of $120 in mind. You can tell he’s not out to skin the guy. I wonder if the guy had assembled this himself or came into it. I like that Daniel took the whole lot. The guy wanted to be rid of it.
You are a generous man, you felt sorry for the person who brought those coins in. God bless you. 🙏🙏🙏
As a youngster in the late 1960s I took an interest in collecting coins from circulation supplemented from occasional visits to a local coin dealer. This video brings to mind a memory from the coin dealer. Around 1969 I was there with my parents when someone came in wanting to see what they could get for their $1.00 silver certificate. I remember overhearing the dealer tell them he would give them 95 cents, or they could spend it in his store for a dollar.
I really appreciate your compassion and honesty. Good call on not cherry picking - I bet most other dealers would have done it.
Good information. Recently my cousins' husband died and she wanted me to sell his coin collection. She thought it was worth a few thousand dollars. I check the coins value in the current red book and told her the coins were worth less than she thought. Went to three different coin shops and they all said pretty much the same as you. A lot of the coins were pocket change and the ones that were silver were very worn. She took the best of the three offers which was way lower than she hoped for.
If you did not have a YT channel I am sure that you would probably just offered for the non-pocket change stuff and I would not blame you a bit. The misinformation that is floating out in the world about "Rare" and "mint error" and "no mint mark" frustrates me soooooo much. You're a better man than I am Daniel Malone.
These videos are so informative, I don't want my family to get excited about a collection passed down to them only to be be let down. I've kept some of these same coins thinking they maybe something but thanks to your honest educational videos I'm gaining the knowledge of what to keep and what to spend. I bet this scenario appears at your store often, it must be hard to constantly break the news. Hopefully they watch your videos where we can all see how kind, thoughtful and honest you are. Thanks again for what you do for us all!
You made a generous offer to help someone out. You are a good person.
Problem with this for you is, its a No Win. It takes 30min+ of your time which is woeth at least $50 an hour and at best you have to take 2/3rds to bank. And you may make $10 profit reselling what you bought. So basically you are providing a community service.
Being informed and doing your research is key. When my father died and I went thru his collection and realized that he had basically change like you said. Some silver coins. Some silver dollars bills. Im keeping these to pass down as something from my dad to give the great grandkids. I'm a coin collector because of my father and I'm hoping the next few generations gets hooked too. I'm the Aunt that gives them money/silver coins for birthdays, christmas, good grades, etc....
I genuinely respect your honesty and integrity. You are doing a great service to both buyers and sellers by making people aware of the realities of numismatic 'economics'.
People will also keep coins, because they think that they coins it MIGHT be worth something. Or they may hold onto a damaged coin just because they like the way someone made it look. Those inheriting coins of this type need to understand that their loved one collected coins as a hobby of interest and not an investment from which they could retire early.
I am a coin dealer in the UK, i would have offered $120. It is hard when you can see people need the money. So well done.
You were very generous at what you paid for these coins! I personally would not have paid that much! You are very honest and truthful!
You were more than fair indeed and honest!!
Honesty is the best policy, but the truth hurts sometimes.
I found that a genuine smile while delivering bad news to a prospect or customer, with empathy, goes a long way towards cultivating an honest reputation.
TY for sharing.
You're a good guy Daniel, and a good dealer. That was as fair a deal as could be expected. I've already made up my mind that should I ever decide to sell my collection I'm going to plan a trip and come spend a couple days in Ohio ! "You're a gentleman and a scholar. Protect yourself, there's not many of us left !"
@@1011Shke this guy is in Ohio? What town?
I think you did the customer right.
My dealer buys that stuff and when a kid comes in and spends money, he gives out those modern dollar coins and Halves out as change. He's got a 5 gallon bucket of the stuff and he keeps all the copper pennies he gets in a different bucket.
One of my lcs dealer once told me that he will always make an offer on anything someone brings in because they will always come back. He's been around for a while, so maybe that could be a good thing for business. 🤔
Wow, except for the silver dimes, it looked like a bunch of junk to me...I'm surprised that you gave that much. I just started collecting coins, and my stuff looks a lot nicer than that. If I ever want to sell them, I'll go to you!!!..
That was very kind of you to do that for them. And I believe you were very fair with them. Thanks Ray
This is absolutely unequivocally why I need your channel Daniel. I've said it before and I'll gladly say it again........... You are the saving grace for a newbie like me. Ty will never be enough to express my gratitude but it's all I've got ATM. ❤❤❤ Ty more than you could ever know.
Thank you
Thanks for the lesson. You're a good human, and honest dealer. Thanks Daniel.
Good for you helping out the guy. Plus we get a very direct and informative video.
You’re a good person Daniel, keep doing what you do, wish you were here in the UK near where I live!
Thank you sir for being straight forward and being honist on all your videos sir. I watch alot of your videos and im still learning but I jest wanted to say thank you for your kindness and sympathy and being true to the trade. Hope u keep the videos coming. Have a good day my friend
Thanks again Mr Daniel. Even though most are face value, I still like “looking” through the collection with you. Very informative. I would love getting a few hundred Eisenhower’s at 1.10 each. Here in CA, no bank I ever go to has any. I can never find any.
We encounter these types of "collections" all the time. They watch bad info on TikTok and other sites that lead them to believe they have a mini fortune! We are the bad guys that give them a reality check. Most understand, some just think we're trying to "get them".
Good video!
Your offer was exact and fair. Props for taking the time to look over it with a careful eye, and thanks for the video!
Bless You, Daniel!! That was very kind of you!!
Thanks Daniel. I think you did the best you could have there. Can't be a charity but if useful for the many reasons (like this video etc), I would have bought it it for the prices you mentioned. That being said, it might invite more things like this, on the other hand, some could have nice surprises in them. Being honest and helping as best as time can allow, is good.
Thanks for your honesty I'm in a similar situation where I found a book at an auction and there are some cool items but I'm not knowledgeable enough to take risks. The best thing in my book is what I think is mint, 1877 trade dollar. still worth a pause but over all the book is so so.
That was an honest and decent offer. You are a good dealer.
I had a friend who was selling a collection as part of an estate sale. It was just like that collection. To myself I thought I'm not excited about any of these coins since I have so much like that already but I felt bad I couldn't find much value there for them. So I can relate to what you are saying.
I thought you did good for that customer. Hopefully they didn't think that you ripped them off, but if they watch your videos, then they'll know you're a good guy. Thanks for sharing.
Well, I'm glad Danial has some heart. I'll give a thumbs up for this 👍👍👍👍👍video.
There is always a market it is a business decision on your part gave them the some molasses with the sulphur. You bought them and turned it into an very nice and respectable video.
Your videos are very well done and give beginners a lot of great insights to the hobby.
Working in a coin shop - I see these low value common coins coming in - and some people have high expectations - and by the time you have separated the common silver coins from the rest- and spent time on dates and condition - you as the dealer are already on a losing streak - not to mention the fake gold and silver coins - the argumentative customer who saw "" these high value coins on Ebay "" - and aļl the variations in between - it is simply NOT all joy dealing with coins - and sometimes angry customers
thank you for the great video, and your total honesty...and this is why I follow you...
Fertilizers in the ground will ruin a coin in no time. I've found coins that were only a few years old in parks that use a lot of fertilizer and they looked terrible.
So will the alkalinity of the soil
That was a compassionate buy, Daniel……you’re a good egg, buddy!
I need to go thru all my coins. Some I've kept just bc I liked the way they looked. I need to
tell my sons that...and soon. Thanks for the video and a reminder. ☺☺
Daniel, good and sincere people are really rare. Thank you for giving your time to coin collectors' education through easily understandable formats. Please, continue ...
Sincerely
Peele Dunn
My friend bought a large collection of Whitman albums most of it was change literally I spent a few hours pulling out wheat cents, Buffalo nickels, war nickels, silver out. Then I dumped the face value stuff into a jug. It’s the sad reality of this. You gotta take the good with the bad and move onto the next deal. Sometimes the pocket change stuff is very time consuming.
The albums cost more than the coins are worth.
I was actually been in the local shop here when some guy brought in about a pound of change not in a book, but in a sock and wanted the coin dealer to go through it, he was told to take it to the coin star across the road. I got to say you were nice, most dealers would say thanks but no thanks.
Daniel your conscience is what separates you from other coin shops ❤
While I was watching, I did a fast calculation of what I think I would pay as a fair price if someone brought this to me. I came up w $165, which is very close to what Daniel had. I would be hoping to make maybe 5%-10% profit selling the salable items thru my coin club auction.
You were very fair and honestly overly generous. You might make $5 on that Morgan, a few dollars on the 90%... Everything else is going to sit for ages and while yes, you will make money on it... you'll likely take a year or more to even get your $160 back.
Not many people are actively looking for things like bulk indian heads or buffalo nickels, at least not at the prices you gotta get to stay profitable. Plus all the labor... It's a good thing you got this youtube channel to subsidize that buy haha.
It's deals like this that stink for dealers... because often times customers think you are trying to rip them off, when in reality you are doing the opposite... you are overpaying to help them through a tough time. That was honestly nice of you to help them out, hopefully they know you were extremely fair.
I agree. Most people are totally clueless when it comes to how unvaluable their collection really is.
I just started watching you I like what I see so far. Nice Guy, Looking forward to learning more about coins from you. Thanks
Seems like a great shop. If im ever in Portsmouth ill definitely stop in snd check out the shop!
I have a book like that but there's absolutely zero "change" in it. I enjoy type coins, and some of the British sterling stuff, even some Canadian silver in there but yes, I see what you're saying. There's a guy at work that sees the TikTok videos of a 10k error penny or quarter or whatever, coming right from your pocket change and he thinks everything is valuable.
I know lately I've been thinking about writing things down for my wife on what's worth money over what's just coins I thought were neat or cool that I've saved, just in case I would die, that way she knows, but for the most part anything of any value goes in my safe. And it's not much other than junk silver.
You're generous. If you listed it on ebay, you would be lucky to get that. Then there is postage, time and tax.
Nice video to see how you go about organizing a really diverse set of coins
Thank you for helping that person out
You’re a good man, Daniel you proud of yourself
You’re a Better Man than me Daniel. I wouldn’t but any of that junk.
But that’s what you get with the internet Hype telling people circ Bicentennial Quarters are worth thousands.
Right! the web is overloaded with it.. errors and things that do not exist, scammer made it up, scammers got my dad with them fake morgans.... he barely see/ walk/ or hear was like pops, just ask , to be honest they are really good counterfeit. but just lay it next to one and can tell.. one even passed my buddies ping test app.. so they are really getting creative with them.
Another interesting video, Daniel. I like you would have bought the silver, Indian head, the Wheaties, the Buffalo, and the War nickels and told them to either spend the rest or deposit the rest in the bank. I then would explain and show them why. Thanks again, Daniel, for all you do for the hobby and everyone, and have a great day.
Though case: I can see where many would have just passed on everything but the silver, glad it worked out for all parties.
Daniel, you are a great guy. Please be aware that the Canadiam Queen Victoria coin you gloased over is 92.5% silver (sterling) and highly sought after. You may want to further inspect that coim for varieties such as obverse type, dd, repunched, etc. Some can be quite valuable especially since mintages are relatively low.
It is way too worn and is just a silver melt coin.
Great information and channel
As a coin collector I look through everything! I never know what could slip through my fingers
Yup, so right.... I to also love how Daniel is honest. He seems to be a down to Earth kind of man. He believes in the truth, and finds it hard to try and scam or whatever you want to call it to unsuspecting customers. Kudos for that... But he forgot to mention the awesome things you can and will possibly find in pocket change. I know this first hand from experience. I have found three different double die reverses in my pocket change. No BS, found a Sally Ride 25cent DDR , a Maya Angelou DDR and a one cent 2009 Lincoln Formative years DDR... So there's some awesome finds in pocket change, just gotta separate the common from the uncommon...
Your a good dude. Your the kinda guy a man wants to do business with.. that gentlemen doesn't probably realize you was doing him a big favor. Im going to come up ive got some type 1 and type 2 Eisenhower 1976 bu.
You did right. Do people right and you will always have business 😊
If I had a shop mtself, I would try to buy everything if the price was right.
Your too much of a nice guy. I had a dealer in my area who wouldn't even buy gold from me. I had to laugh never heard of a LCS not buying gold ....well to be fair it was not a coin but a 1 oz. PAMP gold bar. I went across the street to the other coin shop and they purchased it.
I understand that. People want US gold eagles and world gold over bars and there’s a lot of fakes. I’ve turned down bars too.
Your a Good man Daniel!
Great video !!😊
You are kind person.
Good job, I understand that you are operating for profit. I have the Big Red Book, and use it as a guide for buying coins, and it seems pretty accurate. Two things here….
I went to my local Coin Shop. He has a lot of coins and seems to run it by himself. In one of his cases I saw a Morgan Silver Dollar. He also had a Red Book close by so I looked it up. The Red Book had a $110 value on the dollar. His price was $70.00.
I figured that it was possible that he forgot to increase the price of the coin because he just forgot about it. At one time it likely was a $70.00 coin but because he’s so busy buying and selling this particular coin he didn’t update its worth. I ended up buying it.
I also see a Big Blue Book that apparently Coin Shops use to purchase coins. Should I use that as a reference when I purchase coins ? Thanks. I was wondering if you always update your coin prices .
You can buy coins based on Red Book pricing, it's just a guide. You go by what the coins have been selling for lately.
I thought these guys loved being mean! This guy actually cares about people's feelings.
I have a 1981 quarter and the date is all the way on the bottom and the 9 is curved around do you know anything about this coin?
Nice job! You did the right thing and helped someone out . I would have done the same thing too.
Thanks for your channel
You could use the rest as change in your shop.
Great job
You know what that was a great learning experience for young collectors great video
If they are 90% silver or gold they are well worth buying at least for their bullion weight . Well worth it .
You are very generous.
You are a good person, it is a difficult situation.
Nice dealer!! I’d do business with a guy like this.
Thank you
You were more than fair on the offer I would of refused on the change and damaged coins and made an offer on the silver and buffalo and Indian head cents and large cent.
I was a military antique dealer and did very well. There were some problems. When I started advertising, most people brought me junk and wanted top dollar. I tried to tell them that a surplus uniform in size small is unsellable. So it's totally worthless. The they accuse you of ripping them off. I don't know how I did, I didn't offer to pay anything. 9 out of 10 transactions were a total waste of time. I had a buddy with a brick and mortar store. He had tons of junk come in, but when something good came in, it was spectacular. But he had to be there 6 days a week! I don't think it was worth it.
I love when people accuse someone of ripping them off when they refuse to make an offer. They also forget that anything a solider or sailor would have used would have been produced by the tens of millions. Your Vietnam Era mess kit or gas mask is not a treasure.
@LukeL007 100%. You totally get it. Most US ww2 uniforms too. We had almost 6 million in uniform with multiple uniforms each, plus the ones that didn't get issued.
Great content/video, so many people "collect" coins, have no idea what they are worth, (mostly not that much), nor what to do with them. My collection will likely go to an heir who shows an interest in coin collecting, I will ask them to do the same (pass them on). Mine started with my Dad, so its multi-generational, nice to think at least it might go through history remaining in the family, and that those of us who collected the coins (contributed sometimes by other family members who know I enjoy collecting too!), will have shared our interest/hobby with future generations of family members. I recently created a formal collection for an elderly woman whose husband passed away, same sort of thing, in the end I recommended she view the collection as an heirloom, pass it to an heir who would appreciate it, etc. She jumped on this, (very sentimental most of the coins were collected by her late husband who recently passed, some were collected on their trips abroad), she knew immediately who she would leave the collection to. Wonderful outcome vs just turning it in for an inconsequential amount of money.
Hello there like your videos go honest opinions to people on there collections. Yes i been there myself, I collect for the fun I have a few that are worth something. Some maybe down the road be worth worth worth
You made the right decision! Big hug!
Great video
My dad left us his collection of every coin minted in 1942, unc or better (when possible). I understand what drove him to complete the collection, bc I inherited that collector’s mindset. Just have no idea what to do with his collection.
Have it professionally appraised without intent of selling, then go from there.
Nice video. I have a question about a dollar bill I noticed a small letter underneath the series date, you know what it means
No, can't say without seeing the coin in hand.
A kind gesture!😇
And... you got that nice book holder for free!
good job dan.
Just ordered a couple of coins and bid on a couple.
Thank you!