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true story about me buying "raw" or "ungraded" coins from a dealer on February 5th 2012
Sanjay/Me: So what do you have for me today?
Dealer: Oh yes, I have this really nice coin for you.
Me: Let me see the coin please.
Dealer: Here you are, and what a beauty.
Me: This is a nice coin, and you do understand that this coin is toned, and has a high mintage?
Dealer: How come every time you buy a coin from me it's cleaned, was heavily minted, it's scratched, polished..
Dealer: there is a planchet flaw, it's a weak strike, it was artificially toned, it's common.
Dealer: There is always something wrong with my fu#&ing coin that I am selling to you. Why is that?
Me: I only mentioned the coin has the highest mintage in the series.
Me: How much do you want for the coin?
Dealer: How much do you wanna pay? The book says $260 in UNC and $140 in XF. How about $250
Me: I have to make money as well, and you can sell it to the book for that price.
Me: Too much
Dealer: Well you tell me how much do you wanna pay? You tell me.
Me: I want to pay $180
Dealer: Absolutely not, no way, and I will not sell the coin for that price. No way, and look at how nice it the coin is in hand.
Me: Fine. $190
Dealer: $195...look at the gorgeous toning
Me: I am paying $190, and that's it.
Dealer: Fine. There is always something wrong with my coin when you buy from me. Always (he shakes his head)
Me: I have to use these tactics to get an idea of your price.
Dealer: You always employ these tactics, "it's cleaned, it's scratched, dark toning, it has no luster"
Me: True. I do. What else do you have for sale?
Dealer: Well I have this Egypt 20 Piastre coin.
Me: It's cleaned, and it has hairlines.
Dealer: Yes, but they are hard to find.
Me: Are they?
Dealer: It's a "Tough Coin"
Me: How much do you want for it?
Sanjay C. Gandhi
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