When my grandfather died he left each of the grand kids a portion of his coin collection. I don't even know where to start. How do you know you can trust the coin guy to be honest? I figure he might see something nice and say yeah that coin that is worth a couple hundred dollars is worth 2 bucks.
well, i knew enough from online sources that he pretty much confirmed all solid information, while providing additional info. he very well could've taken me on some stuff, but he would have to be one crafty, evil fuck.
i had a few older coins that i knew not to be that rare, but he was quick to indentify which ones had high silver content, and basically bought based on silver value (which was not huge but seemed appropriate).
on the phone, after an initial explanation of what i had, they basically confirmed that i had looked for all the 'pipe dream' stuff, then ADDITIONALLY gave me a good list of all the valuable dates/mint marks that are still commonly found (but not 'common' per se). this allowed me to sort through a pile of early pennies i had really easily, and led to me pulling stuff back OUT of the crap sack- didn't know '31's had value; that's about the latest good date barring an error. plus they were willing to pay more for the nicer shiny stuff that i had pulled out (uncirculated or close to it, even on a common wheat penny, ups the value a lot).
most of his offers were by memory. seemed like he does this a lot. on random spot checks, he was always good. i was doubtful of a couple old indian heads only being worth a few dollars, so he looked them up in the book...and it only listed them for like a buck each. he then explained how their particular wear put them in the 'good' category and what would be needed to be 'very good.' on the most valuable penny, he consulted the book, said this lists for 11, i'll give you 8. i said sounds better than pawn stars. :awe:
if i was dealing with more valuable stuff, i would've been a bit more careful. but my trust here came from the fact that most shops just said 'yeah bring the pennies in, we'll count them and give you 3 cents each.' this place said they'd pay 2...but that was for a pile of stuff they knew wasn't valuable. the others seemed to want to try just pick up your stash on the cheap and sort out the gems themselves.