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  1. #1
    Williefire

    Feb 2005
    Statesboro Georgia
    70

    had my 3 leg buffalo looked at ......

    CArried my 37-d 3 leg buffalo to a coin dealer yesterday to have it authenticated.....
    he offered me $600 on the spot...i'll put a picture on tomorow..he told me that was the 2nd one he's seen that was found in my area.....
    Lt.William W Hendrix
    Fort Stewart Fire and
    Emergency Services

  2. #2

    Jun 2004
    1,623

    Re: had my 3 leg buffalo looked at ......

    Cool nickle,who just said in a post that if they offer to double the $$$$$$$$$?HH

  3. #3

    Feb 2005
    SE Indiana
    188

    Re: had my 3 leg buffalo looked at ......

    Yeah dealers only offer up to 40% of the value of a coin. Unless he wants it for his collection I would get a second opinion. Thats a great find. Looking forward to seeing the pics

  4. #4
    us
    Jan 2005
    Cuyahoga Falls, OH
    573

    Re: had my 3 leg buffalo looked at ......

    Bring on the pictures! It's got to be worth quite a bit for an offer like that!!

    Dudes
    Garrett Ace 250

  5. #5
    us
    Quick, I need more coins to hunt:)

    Feb 2005
    Manassas Park, VA
    Whites MXT
    973

    Re: had my 3 leg buffalo looked at ......

    U didn't sell it without taking a picture first did u
    Pepperpump
    2008 CRH FINDS
    5   40% HALVES
    24  FOREIGN/REJECTS
    3    BUFFALO NICKELS
    28  PRE-60 NICKELS
    2    WAR-TIME NICKELS
    9    WHEATIES
    TOTAL HUNTED: $625.00

  6. #6
    us
    CZ21, AT Pro, GM CXIII

    Feb 2005
    West Michigan
    4,945
    All Types Of Treasure Hunting

    Re: had my 3 leg buffalo looked at ......

    Quote Originally Posted by nick1878
    Yeah dealers only offer up to 40% of the value of a coin. Unless he wants it for his collection I would get a second opinion. Thats a great find. Looking forward to seeing the pics
    Coins are only worth what someone is willing to pay for them.

    Just because a book says they're worth x amount doesn't mean they are actually worth what that book says they're worth. You can try to sell your coin/s for what a book says they're worth but, if no one offers more than 75% of that suggested worth, then, that's all you'll get for it/them.

    Dealers will offer "buy price" for a coin.. If they offer $600 - that means the "ask price" for that same coin in a dealers shop would/should be approx. 25% higher on avg.

    The dealer needs to make money to keep his coin shop open, pay the bills, etc. and who knows how long the coin will sit there before someone comes in and actually buys it (and usually for less than it's marked) because EVERYONE wants and tries to get a "deal", so, the dealer ends up making less than his "hoped for" 25% to begin with, plus, he may have waited 2 months to a yr or more to sell the coin.

    People have too many over-blown ideas that dealers get all their coins at unheard of prices, and then make ungodly money off of them.

    The "reality is" that even in the world of coin dealing -- "There is NO get rich quick" and there's less money being made on coins than MOST people think there is..

  7. #7
    Williefire

    Feb 2005
    Statesboro Georgia
    70

    Re: had my 3 leg buffalo looked at ......

    Sorry, I ve been away for a while with my job but all is fine now and back at good ol Ft. Stewart. yes i still have the coin and I will put pix on here soon as I can do it, maybe tommorow. It really is a super coin.....No, I didnt find it but my Father gave it to me for my 40 th birthday this year.I would never sell it now.....
    Ive got a real horror story to tell about another great find ............ go to the antiques and collectible forum and look under collectibles. I need a shoulder to cry on...

    Williefire
    Lt.William W Hendrix
    Fort Stewart Fire and
    Emergency Services

 

 

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