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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.
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.
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.
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!
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.
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.
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 !"
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!!!..
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.
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!
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 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. 🤔
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.
Yeah I could tell with one look it's Vynil, that book is made with PVC and will ruin coins. We had a little coin show in Williamsport and the guys in our association donated a bunch of pennies for kids to fill books, it was free and my son and I fillled an entire cent book from 1941 to 1974! It took 2 hours lol
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.
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.
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.
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.
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.
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.
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
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 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.
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.
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. ☺☺
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
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.
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 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.
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, 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
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...
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.
Personally you did the guy well, I would of bought the silver, proofs, and older coins, wheats, war, nickels, Indian Head Cents and Buffalos and probably gave him about 125.00 thereabouts Gary Bailey
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.
Definitely need a new bank! I thought my credit union of 40 years sucked, but paying at your own bank to cash in your money is next level despicable. My credit union has a change counter for members and non and doesn't charge a thing.
@FrankBoston I agree. I have two other banks and I will be dumping the 3% bank when a cd matures this fall. I needed new checks this week and they told me it would be $28 or $29 for a "refill"... my other two banks fall all over themselves to help. But those banks will only take rolled coins and won't sell me coins. I am about to stop coin hunting because it is too frustrating and now costly... the bank now charging me 3% to run coins through their machine is also now charging 3% on boxes wrapped coins. These fees hit on 8/1.
I have no experience with this and completely understand why it's difficult but it really shouldn't be. I mean you aren't being rude in any way if you just honestly explain what the value is, and they are being rude if they expect you to lose money for them. Although it is very kind if you are empathetic to their frustration (up to a point I suppose).
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 think as a dealer you should buy any coins if they're not happy you should send them to another dealer and just ask him to come back if they get the same price from the other dealer
Just look at the UA-cam comments talking about super rare coins. There's almost always a handful of people complaining they have that exact same coin but the video doesn't tell them where they can sell it. It's kinda sad but also maddening.
Out of curiosity, were there any coins in there that were victims to being in a washer and dryer where their rims are wider and flat? Have you ever had someone bring you one of those and assume it's an error or something?
Things are tough for some people, just getting by. I noticed that more and more coin shops and they even go to banks and they want old sterling silverware, broken jewelry, some have a few collector coins ( well it's silver maybe a little gold and they weigh it cut them a check or cash ). Just looking at it you know it's going to be melted. It's sad.
You're like me and naturally have a huge heart that cares for others and you even take the time to put yourself in their shoes. It's a blessing and a curse. Regardless, you're a great person who helps make the world a better place.
Yeah, that's a bit of a sticky wicket. It's good that the person wasn't antagonistic, but some people do think you're trying to con them. So is it best to just pass, make an offer that might offend them, or just try to cherrypick the good stuff? What's gonna lead to the most positive outcome? Tough call. If you run shop, then you can use the pocket change as ammo for the till. Saves a trip to the bank for both parties so long as you're not buying up more than you can use 😅
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!
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.
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.
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!
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.
You are a generous man, you felt sorry for the person who brought those coins in. God bless you. 🙏🙏🙏
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.
I really appreciate your compassion and honesty. Good call on not cherry picking - I bet most other dealers would have done it.
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 !"
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!!!..
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.
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!
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.
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....
You were more than fair indeed and honest!!
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. 🤔
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
Yeah I could tell with one look it's Vynil, that book is made with PVC and will ruin coins. We had a little coin show in Williamsport and the guys in our association donated a bunch of pennies for kids to fill books, it was free and my son and I fillled an entire cent book from 1941 to 1974! It took 2 hours lol
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.
You made a generous offer to help someone out. You are a good person.
That was a compassionate buy, Daniel……you’re a good egg, buddy!
That was an honest and decent offer. You are a good dealer.
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.
Daniel your conscience is what separates you from other coin shops ❤
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
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.
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.
That was very kind of you to do that for them. And I believe you were very fair with them. Thanks Ray
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.
Well, I'm glad Danial has some heart. I'll give a thumbs up for this 👍👍👍👍👍video.
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!
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 agree. Most people are totally clueless when it comes to how unvaluable their collection really is.
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
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 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.
You're generous. If you listed it on ebay, you would be lucky to get that. Then there is postage, time and tax.
Good for you helping out the guy. Plus we get a very direct and informative video.
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.
Bless You, Daniel!! That was very kind of you!!
You’re a good person Daniel, keep doing what you do, wish you were here in the UK near where I live!
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. ☺☺
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
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.
Thanks for the lesson. You're a good human, and honest dealer. Thanks Daniel.
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.
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.
thank you for the great video, and your total honesty...and this is why I follow you...
If I had a shop mtself, I would try to buy everything if the price was right.
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.
Though case: I can see where many would have just passed on everything but the silver, glad it worked out for all parties.
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.
I just started watching you I like what I see so far. Nice Guy, Looking forward to learning more about coins from you. Thanks
Thank you for helping that person out
Seems like a great shop. If im ever in Portsmouth ill definitely stop in snd check out the shop!
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
I thought these guys loved being mean! This guy actually cares about people's feelings.
Your offer was exact and fair. Props for taking the time to look over it with a careful eye, and thanks for the video!
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.
You did right. Do people right and you will always have business 😊
Your a Good man Daniel!
If they are 90% silver or gold they are well worth buying at least for their bullion weight . Well worth it .
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...
It's really sad when people don't know what they do or don't have. And they really don't know how to look things up.
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.
Personally you did the guy well, I would of bought the silver, proofs, and older coins, wheats, war, nickels, Indian Head Cents and Buffalos and probably gave him about 125.00 thereabouts Gary Bailey
Great video !!😊
Great information and channel
And... you got that nice book holder for free!
You know what that was a great learning experience for young collectors great video
You could use the rest as change in your shop.
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.
Nice job! You did the right thing and helped someone out . I would have done the same thing too.
I wouldn't be interested in the junky stuff.
My bank is charging me 3% to turn in pocket change these days.
You were being kind.
What? Is that a thing?😮
Definitely need a new bank! I thought my credit union of 40 years sucked, but paying at your own bank to cash in your money is next level despicable. My credit union has a change counter for members and non and doesn't charge a thing.
@FrankBoston I agree.
I have two other banks and I will be dumping the 3% bank when a cd matures this fall. I needed new checks this week and they told me it would be $28 or $29 for a "refill"... my other two banks fall all over themselves to help. But those banks will only take rolled coins and won't sell me coins.
I am about to stop coin hunting because it is too frustrating and now costly... the bank now charging me 3% to run coins through their machine is also now charging 3% on boxes wrapped coins. These fees hit on 8/1.
You are very generous.
I have no experience with this and completely understand why it's difficult but it really shouldn't be. I mean you aren't being rude in any way if you just honestly explain what the value is, and they are being rude if they expect you to lose money for them. Although it is very kind if you are empathetic to their frustration (up to a point I suppose).
You did him a favor. I would have only been interested in the silver.
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.
The only coins that come from the ground shinny are gold and silver.
Thank you
You are a good person, it is a difficult situation.
Thanks for your channel
You made the right decision! Big hug!
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?
Imagine finding a Cheerios Sacagewea dollar in a lot like that😂😂
Hi Daniel. Keep doing what you do, Karma usually catches up
I think as a dealer you should buy any coins if they're not happy you should send them to another dealer and just ask him to come back if they get the same price from the other dealer
Just look at the UA-cam comments talking about super rare coins. There's almost always a handful of people complaining they have that exact same coin but the video doesn't tell them where they can sell it. It's kinda sad but also maddening.
But they don’t really have it so dealers turn them away, or they’re from another country and have no idea they don’t have a rare coin.
Out of curiosity, were there any coins in there that were victims to being in a washer and dryer where their rims are wider and flat? Have you ever had someone bring you one of those and assume it's an error or something?
Great video
Things are tough for some people, just getting by. I noticed that more and more coin shops and they even go to banks and they want old sterling silverware, broken jewelry, some have a few collector coins ( well it's silver maybe a little gold and they weigh it cut them a check or cash ). Just looking at it you know it's going to be melted. It's sad.
People have always needed money, I've heard this all my life.
You're like me and naturally have a huge heart that cares for others and you even take the time to put yourself in their shoes. It's a blessing and a curse. Regardless, you're a great person who helps make the world a better place.
Hopefully they didn’t steal it thinking it would be worth it. Imagine all the thieves finding these ridiculous coin collections.
Over 12 minutes for a three minute video!!!
I’ll never get this time back in my life 😢😢😢😢
I bet you stopped and didn’t even watch it all lol
Yeah, that's a bit of a sticky wicket. It's good that the person wasn't antagonistic, but some people do think you're trying to con them. So is it best to just pass, make an offer that might offend them, or just try to cherrypick the good stuff? What's gonna lead to the most positive outcome? Tough call.
If you run shop, then you can use the pocket change as ammo for the till. Saves a trip to the bank for both parties so long as you're not buying up more than you can use 😅
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.
Just ordered a couple of coins and bid on a couple.
Thank you!