Been going in for nearly 6 months. Playing clueless “what’s this, what’s that” To get an idea of what kind of service the place provides. It all honestly depends who you get. I’ve priced pieces of gold, silver, diamonds at multiple businesses over time. To see who’s honest & who isn’t. Who’s worth your business & who isn’t. Today’s quiz was wheat Pennie’s to see how far negotiations would go. I brought in with me two books of intentionally incompleted sets of wheat cents from 1909-1940/1941-1974(58). Along with two of my full negotiating portfolios. Keep in mind I already have a full complete wheat set. The ones I brought in are intentionally missing a few years for reasons. I offered in exchange for a 1922 D penny, with my negotiation set. 1921S, even offered to let the gentleman look through the other two full books and pick a few out even if it took more than one. For the trade/sell. Knowledgeable yes. But when someone tells me “They probably already have what I’m offering” without even looking. Even after offering twice. They miss 1910-s, 1913-S, all mints of 1918, 1922 no mint mark along with other key dates as well. Such as 1931-S. Even 1959 with wheat ears die error. The grades of the older coins/cents. Are graded by opinions & not professionally. There are a few cents graded at a higher price than the value of the condition of the coin itself. If it was in a PCGS, NGC graded condition. The prices would be justified. Just because it’s low minted. Does not mean it’s worth full value. Again, it just depends on who you get. But when it comes to old cents, coins. Unless professionally graded & sealed by PCGS, NCG, etc. the selling price will always be under/overvalued. I’ve seen a few legit 1914-D Pennie’s in the same condition @ antique stores selling for 35-50.00. Also keep in mind when they test the weight of your gold, silver or thermal test your diamonds. As the owner you have the right to have this performed in front of you. To ensure a fair sale for both parties. Rather than get told one thing to get ripped off. When it comes to gold/silver coins, even quarters, cents, nickels & dimes. Truly understand the full value of what you have. Get it graded before selling. Otherwise you end up selling a piece for way less than its value. You walked out with a few hundred. When what could’ve been a few thousands, even hundreds of thousands. For example 1943 bronze/copper wheat penny 1944 steel penny are easily both even at a low professionally PCGS/ NCG graded mint. Are worth a few hundred thousand each. Where at high grade the 43, sold for 2 million @ auction. But if you didn’t know this & happen to have one those two highly sought out wheat cents. You’d think it’s just a regular cent. Nothing special about it. Again, before you buy or sell know it’s worth and value. What justifies its value...
Read moreI had never sold gold before, but did my homework beforehand. I was only selling one ring (no diamonds) of 14K gold, so not really a big deal, but I still wanted to get as much as I could. I stopped by a local jewelry store on the way and watched them weigh the ring at 2.79 grams.
I was greeted immediately and the clerk took the ring and weighed it behind the counter. He returned in a few seconds and told me it was 14K gold, and they would pay $30 for it, saying that today's rate was $15 per gram. I then asked if he could explain how they come up with their rate at which they buy gold, to which he responded "15 times two is 30." I asked him to re-weigh the ring, knowing it should weigh much more than 2.0g. He did so, and reported that one of their scales read 2.4g and the other read 2.6g. He did not give a straight answer when I asked why he told me it weighed 2.0 g just a few minutes ago.
I continued to ask about their rate of $15 per gram. He couldn't tell me anything more than it is based on the price of gold, which I already knew, but he did offer to ask his manager if he could get me a better rate. They did finally offer me a better rate after I showed that I knew what I was talking about, but I still felt like the store was "shady," so I left and went elsewhere. The clerks that helped me were impatient and rude with me when I asked questions, which made me uncomfortable doing business there.
I ended up getting $48 at another Tulsa gold buyer (I have written a review about them also), which is 60% more than the first...
Read moreBeen selling and buying coins a bit now🤔, lived in and traveled to many cities for my job, including Canada, so have visited many "Gold & Silver" coin establishments, straight forward, fair price, buying & selling on both of my visits, I live aways from here, and there are some closer, I usually give a place 2 visits over a length of time, both times here different sales persons, first I was buying, the gentleman was knowledgeable & seemed to know his coins & I bought a nice set, fair and great deal all around, proofs very nice ones, 2nd visit was looking to cash in some ugly silver rounds I did not like, got helped right away by a gentleman sitting at a desk working on some coins, he knew what I had by sight, I knew as well, great price and excellent deal, perfect! in and out in minutes, and they were busy! 4 others walked in as I was there, and all had someone helping them in mere moments, safe! Yupp, pretty well sized guard with said firearm said hello as he passed, nothing overbearing as far as security goes, or (intimidating) like others I have been through over the years, but it is for sure present, and said gentleman looked very capable of performing said security🫡, easy parking both times in and out, awesome selection from what I saw my first visit, and relaxing environment in my eyes, going back with a few sellers, and most likely will buy as well, wife thinks I am only selling🤣🤣🤣, Thumbs...
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