Realcent.org

My neighbor across the street who I have known for 13 years retired a year ago after a 25 year career as a Los Angeles County probation officer. Over the last year he would visit our local coin shop each week and cherry pick some real nice 90%. He came over yesterday and told me he had lost interest in this endeavor due to continually falling prices and he felt uneasy sinking any more money into it. He asked if I was interested in what he acquired thus far which was a little over $500 face and he added that the shop he had been purchasing the coins from offered a buy back at 8 x face. So I accompanied him back to his house and did a quick look through a two thirds full shoe box of shiny 90% and I offered him 10 x face and he gladly accepted saying that he had no intention of confronting the headaches associated with selling the coins on ebay or Craigslist. I brought them home and dumped them on the sofa and enjoyed examining each coin and every coin was "chunky" ranging from Very Fine to BU. None of the coins were bent; none were soiled or stained; none had any distracting scratches or rim dings; none looked to be cleaned or polished--just a super nice pile of shiny 90% and far, far better looking than what you'll get from the big online dealers. When I dumped them on the sofa they sort of created a figure resembling a large crown so I decided to tidy up the edges to really give it a "Silver Crown" look. Well that made my day other than I'm now broke for the time being but I'm glad I had the dry powder on hand when the opportunity arose. Don

Bully!

NICE, You could make a little something selling those in that condition.

theshoenlebens wrote:NICE, You could make a little something selling those in that condition.

The dates ranged from 1949 to 1964 and the pile was loaded with BU dimes and quarters from '59 to '64--especially '64 Kennedys. The nicest coins in the bunch was a blast white AU '49d Franklin and nine gem BU 1947 s Rosies.

Nice buy Don. Seems like you gave him about 90% of spot give or take, so you both did very well.

Nice deal. 10x face is likely the same thing I'd have offered him under the circumstances. Win win.

CardsNCoins wrote:Nice buy Don. Seems like you gave him about 90% of spot give or take, so you both did very well.

Good to hear from you Nick as its been some time since we've spoke. Yes he's been a nice neighbor for over a decade and being we're both in our early 60's I felt compelled to treat him with respect and not low ball him. We both walked away happy and you can't ask for much more than that.

Total silver crown envy. ~very nice~. Sometimes it pays to treat people with the respect they deserve. Well done.

Wait- is that you on the Victorville Craigslist ad that says "Genuine large silver crown for sale. 19 times face value."

Recyclersteve wrote:Wait- is that you on the Victorville Craigslist ad that says "Genuine large silver crown for sale. 19 times face value."

... Unfortunately here in gang infested Victorville if you place a valuable coin ad on Craigslist you're more likely to meet up with a person holding a gun instead of cash!