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@sinesaii
Ай бұрын
No. I would not. It is too generous. You are a business, not a charity.
@robertforsythe3280
24 күн бұрын
Good vid
@alberthanson1971
Ай бұрын
Most dealers would turn the sellers away. But I want to commend you for helping someone out who is financially strapped.
@wandlbaker
Ай бұрын
If you did not have a YT channel I am sure that you would probably just offered for the non-pocket change stuff and I would not blame you a bit. The misinformation that is floating out in the world about "Rare" and "mint error" and "no mint mark" frustrates me soooooo much. You're a better man than I am Daniel Malone.
@raymondbrown940
Ай бұрын
You were very generous. You can't help yourself. You're a nice guy. And, that's a good thing. Thank you for the video!
@PirateStacker
Ай бұрын
Honestly I thought you'd offer the dude $100, you were being nice about it. Thanks for being a good dude.
@martinphilip8998
27 күн бұрын
I had an offer of $120 in mind. You can tell he’s not out to skin the guy. I wonder if the guy had assembled this himself or came into it. I like that Daniel took the whole lot. The guy wanted to be rid of it.
@paulvincent3825
Ай бұрын
You are a generous man, you felt sorry for the person who brought those coins in. God bless you. 🙏🙏🙏
@RealLifeFinance
Ай бұрын
Problem with this for you is, its a No Win. It takes 30min+ of your time which is woeth at least $50 an hour and at best you have to take 2/3rds to bank. And you may make $10 profit reselling what you bought. So basically you are providing a community service.
@darkelf2674
Ай бұрын
From the UK here. I watch your videos quite a lot as I have a reasonable amount of US coins in my collection. I’ve never commented in the past, as I just watch to educate myself. However, I felt I should post this time, as your honesty always comes across, and this video just reinforces it! Well done, and thanks. Keep it up!
@wofwof007
Ай бұрын
I really appreciate your compassion and honesty. Good call on not cherry picking - I bet most other dealers would have done it.
@1863dana
Ай бұрын
People will also keep coins, because they think that they coins it MIGHT be worth something. Or they may hold onto a damaged coin just because they like the way someone made it look. Those inheriting coins of this type need to understand that their loved one collected coins as a hobby of interest and not an investment from which they could retire early.
@1011Shke
Ай бұрын
You're a good guy Daniel, and a good dealer. That was as fair a deal as could be expected. I've already made up my mind that should I ever decide to sell my collection I'm going to plan a trip and come spend a couple days in Ohio ! "You're a gentleman and a scholar. Protect yourself, there's not many of us left !"
@coltharwood494
Ай бұрын
Good information. Recently my cousins' husband died and she wanted me to sell his coin collection. She thought it was worth a few thousand dollars. I check the coins value in the current red book and told her the coins were worth less than she thought. Went to three different coin shops and they all said pretty much the same as you. A lot of the coins were pocket change and the ones that were silver were very worn. She took the best of the three offers which was way lower than she hoped for.
@AprilReignsHere78
15 күн бұрын
This is absolutely unequivocally why I need your channel Daniel. I've said it before and I'll gladly say it again........... You are the saving grace for a newbie like me. Ty will never be enough to express my gratitude but it's all I've got ATM. ❤❤❤ Ty more than you could ever know.
@CoinHELPu
14 күн бұрын
Thank you
@silversleuth007
15 күн бұрын
Honesty is the best policy, but the truth hurts sometimes. I found that a genuine smile while delivering bad news to a prospect or customer, with empathy, goes a long way towards cultivating an honest reputation. TY for sharing.
@WOCassity2
Ай бұрын
I think you did the customer right. My dealer buys that stuff and when a kid comes in and spends money, he gives out those modern dollar coins and Halves out as change. He's got a 5 gallon bucket of the stuff and he keeps all the copper pennies he gets in a different bucket.
@karenoder
Ай бұрын
These videos are so informative, I don't want my family to get excited about a collection passed down to them only to be be let down. I've kept some of these same coins thinking they maybe something but thanks to your honest educational videos I'm gaining the knowledge of what to keep and what to spend. I bet this scenario appears at your store often, it must be hard to constantly break the news. Hopefully they watch your videos where we can all see how kind, thoughtful and honest you are. Thanks again for what you do for us all!
@davidfifer4729
3 күн бұрын
As a youngster in the late 1960s I took an interest in collecting coins from circulation supplemented from occasional visits to a local coin dealer. This video brings to mind a memory from the coin dealer. Around 1969 I was there with my parents when someone came in wanting to see what they could get for their $1.00 silver certificate. I remember overhearing the dealer tell them he would give them 95 cents, or they could spend it in his store for a dollar.
@user-dk1rr6lk7k
Ай бұрын
You were more than fair indeed and honest!!
@vrotties
Ай бұрын
Being informed and doing your research is key. When my father died and I went thru his collection and realized that he had basically change like you said. Some silver coins. Some silver dollars bills. Im keeping these to pass down as something from my dad to give the great grandkids. I'm a coin collector because of my father and I'm hoping the next few generations gets hooked too. I'm the Aunt that gives them money/silver coins for birthdays, christmas, good grades, etc....
@moonbeamskies3346
4 күн бұрын
I thought these guys loved being mean! This guy actually cares about people's feelings.
@945hilo
Ай бұрын
Daniel your conscience is what separates you from other coin shops ❤
@billmason533
Ай бұрын
You’re a Better Man than me Daniel. I wouldn’t but any of that junk. But that’s what you get with the internet Hype telling people circ Bicentennial Quarters are worth thousands.
@josephchaddictionrecoveryl3989
28 күн бұрын
Right! the web is overloaded with it.. errors and things that do not exist, scammer made it up, scammers got my dad with them fake morgans.... he barely see/ walk/ or hear was like pops, just ask , to be honest they are really good counterfeit. but just lay it next to one and can tell.. one even passed my buddies ping test app.. so they are really getting creative with them.
@philhruska5001
Ай бұрын
You were very generous at what you paid for these coins! I personally would not have paid that much! You are very honest and truthful!
@russelljohnson5646
21 күн бұрын
You’re a good person Daniel, keep doing what you do, wish you were here in the UK near where I live!
@MarkA-Coins
Ай бұрын
Thanks Daniel. I think you did the best you could have there. Can't be a charity but if useful for the many reasons (like this video etc), I would have bought it it for the prices you mentioned. That being said, it might invite more things like this, on the other hand, some could have nice surprises in them. Being honest and helping as best as time can allow, is good.
@daveflowers3070
29 күн бұрын
I have a book like that but there's absolutely zero "change" in it. I enjoy type coins, and some of the British sterling stuff, even some Canadian silver in there but yes, I see what you're saying. There's a guy at work that sees the TikTok videos of a 10k error penny or quarter or whatever, coming right from your pocket change and he thinks everything is valuable.
@MarkFaust
Күн бұрын
If I had a shop mtself, I would try to buy everything if the price was right.
@ultracoins
Ай бұрын
One of my lcs dealer once told me that he will always make an offer on anything someone brings in because they will always come back. He's been around for a while, so maybe that could be a good thing for business. 🤔
@flippensweet3
Ай бұрын
Yeah I could tell with one look it's Vynil, that book is made with PVC and will ruin coins. We had a little coin show in Williamsport and the guys in our association donated a bunch of pennies for kids to fill books, it was free and my son and I fillled an entire cent book from 1941 to 1974! It took 2 hours lol
@christopherort2889
Ай бұрын
I agree. Most people are totally clueless when it comes to how unvaluable their collection really is.
@raymondjohns7617
Ай бұрын
That was very kind of you to do that for them. And I believe you were very fair with them. Thanks Ray
@petervenema1443
Ай бұрын
Working in a coin shop - I see these low value common coins coming in - and some people have high expectations - and by the time you have separated the common silver coins from the rest- and spent time on dates and condition - you as the dealer are already on a losing streak - not to mention the fake gold and silver coins - the argumentative customer who saw "" these high value coins on Ebay "" - and aļl the variations in between - it is simply NOT all joy dealing with coins - and sometimes angry customers
@seane1687
Ай бұрын
My friend bought a large collection of Whitman albums most of it was change literally I spent a few hours pulling out wheat cents, Buffalo nickels, war nickels, silver out. Then I dumped the face value stuff into a jug. It’s the sad reality of this. You gotta take the good with the bad and move onto the next deal. Sometimes the pocket change stuff is very time consuming.
@burneggroll
18 күн бұрын
The albums cost more than the coins are worth.
@gnomebmw
28 күн бұрын
Daniel, you are a great guy. Please be aware that the Canadiam Queen Victoria coin you gloased over is 92.5% silver (sterling) and highly sought after. You may want to further inspect that coim for varieties such as obverse type, dd, repunched, etc. Some can be quite valuable especially since mintages are relatively low.
@CoinHELPu
28 күн бұрын
It is way too worn and is just a silver melt coin.
@kristinebailey86
8 күн бұрын
It's really sad when people don't know what they do or don't have. And they really don't know how to look things up.
@Supercheeseburger666
Ай бұрын
I thought you did good for that customer. Hopefully they didn't think that you ripped them off, but if they watch your videos, then they'll know you're a good guy. Thanks for sharing.
@timholian5567
Ай бұрын
That was an honest and decent offer. You are a good dealer.
@peeledunn9049
26 күн бұрын
Daniel, good and sincere people are really rare. Thank you for giving your time to coin collectors' education through easily understandable formats. Please, continue ... Sincerely Peele Dunn
@RealtorInThe828
27 күн бұрын
Thanks for the lesson. You're a good human, and honest dealer. Thanks Daniel.
@Lexaire
25 күн бұрын
Your offer was exact and fair. Props for taking the time to look over it with a careful eye, and thanks for the video!
@dondusart4161
29 күн бұрын
I just started watching you I like what I see so far. Nice Guy, Looking forward to learning more about coins from you. Thanks
@cowhand6112
Ай бұрын
Good for you helping out the guy. Plus we get a very direct and informative video.
@bobegan2121
Ай бұрын
Thanks again Mr Daniel. Even though most are face value, I still like “looking” through the collection with you. Very informative. I would love getting a few hundred Eisenhower’s at 1.10 each. Here in CA, no bank I ever go to has any. I can never find any.
@jackson5781
Ай бұрын
As a coin collector I look through everything! I never know what could slip through my fingers
@redmondj5977
Ай бұрын
Yup, so right.... I to also love how Daniel is honest. He seems to be a down to Earth kind of man. He believes in the truth, and finds it hard to try and scam or whatever you want to call it to unsuspecting customers. Kudos for that... But he forgot to mention the awesome things you can and will possibly find in pocket change. I know this first hand from experience. I have found three different double die reverses in my pocket change. No BS, found a Sally Ride 25cent DDR , a Maya Angelou DDR and a one cent 2009 Lincoln Formative years DDR... So there's some awesome finds in pocket change, just gotta separate the common from the uncommon...
@Morroes100
Ай бұрын
You were very fair and honestly overly generous. You might make $5 on that Morgan, a few dollars on the 90%... Everything else is going to sit for ages and while yes, you will make money on it... you'll likely take a year or more to even get your $160 back. Not many people are actively looking for things like bulk indian heads or buffalo nickels, at least not at the prices you gotta get to stay profitable. Plus all the labor... It's a good thing you got this youtube channel to subsidize that buy haha. It's deals like this that stink for dealers... because often times customers think you are trying to rip them off, when in reality you are doing the opposite... you are overpaying to help them through a tough time. That was honestly nice of you to help them out, hopefully they know you were extremely fair.
@shnibby69
Ай бұрын
That was a compassionate buy, Daniel……you’re a good egg, buddy!
@RishayanPorMexico
Ай бұрын
Wow, except for the silver dimes, it looked like a bunch of junk to me...I'm surprised that you gave that much. I just started collecting coins, and my stuff looks a lot nicer than that. If I ever want to sell them, I'll go to you!!!..
@kylesgeller
27 күн бұрын
Thanks for your honesty I'm in a similar situation where I found a book at an auction and there are some cool items but I'm not knowledgeable enough to take risks. The best thing in my book is what I think is mint, 1877 trade dollar. still worth a pause but over all the book is so so.
@user-yh5hi8pc7w
Ай бұрын
Thank you sir for being straight forward and being honist on all your videos sir. I watch alot of your videos and im still learning but I jest wanted to say thank you for your kindness and sympathy and being true to the trade. Hope u keep the videos coming. Have a good day my friend
@bmh67wa
Ай бұрын
Fertilizers in the ground will ruin a coin in no time. I've found coins that were only a few years old in parks that use a lot of fertilizer and they looked terrible.
@CoinHELPu
Ай бұрын
So will the alkalinity of the soil
@adamjam9541
Ай бұрын
There is always a market it is a business decision on your part gave them the some molasses with the sulphur. You bought them and turned it into an very nice and respectable video.
@jonathanlunglo
Ай бұрын
Though case: I can see where many would have just passed on everything but the silver, glad it worked out for all parties.
@TacticalMainframe
Ай бұрын
You did right. Do people right and you will always have business 😊
@markinator8826
Ай бұрын
Bless You, Daniel!! That was very kind of you!!
@Waitingforthewormstocome
Ай бұрын
I know lately I've been thinking about writing things down for my wife on what's worth money over what's just coins I thought were neat or cool that I've saved, just in case I would die, that way she knows, but for the most part anything of any value goes in my safe. And it's not much other than junk silver.
@brucejensen3081
Ай бұрын
You're generous. If you listed it on ebay, you would be lucky to get that. Then there is postage, time and tax.
@jazznik2
Ай бұрын
While I was watching, I did a fast calculation of what I think I would pay as a fair price if someone brought this to me. I came up w $165, which is very close to what Daniel had. I would be hoping to make maybe 5%-10% profit selling the salable items thru my coin club auction.
@hugoh7302
Ай бұрын
Thank you for helping that person out
@tombollenbach2329
Ай бұрын
Well, I'm glad Danial has some heart. I'll give a thumbs up for this 👍👍👍👍👍video.
@markwilliams5811
27 күн бұрын
Nice job! You did the right thing and helped someone out . I would have done the same thing too.
@stevegoering
Ай бұрын
thank you for the great video, and your total honesty...and this is why I follow you...
@cweedcoins1640
26 күн бұрын
You know what that was a great learning experience for young collectors great video
@dicky7600
Ай бұрын
And... you got that nice book holder for free!
@injoelsgarage3934
Ай бұрын
Your a Good man Daniel!
@virgilkane7369
Ай бұрын
If they are 90% silver or gold they are well worth buying at least for their bullion weight . Well worth it .
@ShirlBussman
Ай бұрын
I need to go thru all my coins. Some I've kept just bc I liked the way they looked. I need to tell my sons that...and soon. Thanks for the video and a reminder. ☺☺
@darbysdownhomedetecting
Ай бұрын
Seems like a great shop. If im ever in Portsmouth ill definitely stop in snd check out the shop!
@martinsuper4545
26 күн бұрын
I was a military antique dealer and did very well. There were some problems. When I started advertising, most people brought me junk and wanted top dollar. I tried to tell them that a surplus uniform in size small is unsellable. So it's totally worthless. The they accuse you of ripping them off. I don't know how I did, I didn't offer to pay anything. 9 out of 10 transactions were a total waste of time. I had a buddy with a brick and mortar store. He had tons of junk come in, but when something good came in, it was spectacular. But he had to be there 6 days a week! I don't think it was worth it.
@LukeL007
26 күн бұрын
I love when people accuse someone of ripping them off when they refuse to make an offer. They also forget that anything a solider or sailor would have used would have been produced by the tens of millions. Your Vietnam Era mess kit or gas mask is not a treasure.
@martinsuper4545
26 күн бұрын
@LukeL007 100%. You totally get it. Most US ww2 uniforms too. We had almost 6 million in uniform with multiple uniforms each, plus the ones that didn't get issued.
@ronyoung3699
Ай бұрын
Another interesting video, Daniel. I like you would have bought the silver, Indian head, the Wheaties, the Buffalo, and the War nickels and told them to either spend the rest or deposit the rest in the bank. I then would explain and show them why. Thanks again, Daniel, for all you do for the hobby and everyone, and have a great day.
@allanfifield8256
Ай бұрын
You are very generous.
@darbysdownhomedetecting
Ай бұрын
Great information and channel
@haraldgriefbacon1373
Ай бұрын
Unfortunately, the people who inherit junk coin collections and want to sell them will not see videos like this, but instead the slick, hyped videos which mislead them into believing that dad's collection is full of rarities and errors. It is hard to dissuade people from their delusions when they have been told what they want and need to hear.
@stevenhigby3512
5 күн бұрын
That was a very nice thing you did but I know how you feel.
@josephchaddictionrecoveryl3989
28 күн бұрын
just doing a search on any coin on the web is going to send people to a bunch of garbage, it is 🤪 😔... A lot of people think they hit the jackpot, but man it is overloaded with just regular coins..
@jessebutryn
10 күн бұрын
I have no experience with this and completely understand why it's difficult but it really shouldn't be. I mean you aren't being rude in any way if you just honestly explain what the value is, and they are being rude if they expect you to lose money for them. Although it is very kind if you are empathetic to their frustration (up to a point I suppose).
@garyjarvis2730
6 күн бұрын
What it comes down to is many collections are only worth the melt value of the silver or gold in the coins. That is the state of coin collecting. Most collecting is not an investment as the items do not generate income. Sometimes they appreciate in value but it must exceed the rate of inflation for it to be a good "investment" The spread between buy and sell is what kills the value of most collections. Buy if you like it not because you think you can get rich quick.
@mvl9591
Ай бұрын
Old bartender saved bicentennial quarters for decades. Finally brought them all to a brick and mortar store. Big disappointment. They are worth face value.
@zzzz536
Ай бұрын
Thanks for your channel
@jerrydavidnichols6735
Ай бұрын
You were more than fair on the offer I would of refused on the change and damaged coins and made an offer on the silver and buffalo and Indian head cents and large cent.
@FrankBoston
Ай бұрын
You're like me and naturally have a huge heart that cares for others and you even take the time to put yourself in their shoes. It's a blessing and a curse. Regardless, you're a great person who helps make the world a better place.
@Crimson_Hawk_01
24 күн бұрын
Actually you were more than fair.
@bukboefidun9096
Ай бұрын
I wouldn't be interested in the junky stuff. My bank is charging me 3% to turn in pocket change these days. You were being kind.
@vrotties
Ай бұрын
What? Is that a thing?😮
@FrankBoston
Ай бұрын
Definitely need a new bank! I thought my credit union of 40 years sucked, but paying at your own bank to cash in your money is next level despicable. My credit union has a change counter for members and non and doesn't charge a thing.
@bukboefidun9096
Ай бұрын
@FrankBoston I agree. I have two other banks and I will be dumping the 3% bank when a cd matures this fall. I needed new checks this week and they told me it would be $28 or $29 for a "refill"... my other two banks fall all over themselves to help. But those banks will only take rolled coins and won't sell me coins. I am about to stop coin hunting because it is too frustrating and now costly... the bank now charging me 3% to run coins through their machine is also now charging 3% on boxes wrapped coins. These fees hit on 8/1.
@douglaswilliams6834
Ай бұрын
You did him a favor. I would have only been interested in the silver.
@the_big_dog813
Ай бұрын
You are a good person, it is a difficult situation.
@mbrown5494
8 күн бұрын
A kind gesture!😇
@LonnyFugate
3 күн бұрын
I just give them to kids to get started collecting coins that's worth a lot
@MrBulldog1965
22 күн бұрын
No I would not buy the coins. Your a good guy Daniel. Thanks for sharing. Take care.
@DanielHughes-rf2yf
Ай бұрын
Sounds fair to me. Nothing special in that collection. It is what it is.
@Gumardee_coins_and_banknotes
Ай бұрын
You could use the rest as change in your shop.
@bmiller22765
Ай бұрын
The only coins that come from the ground shinny are gold and silver.
@nunomarques9583
Ай бұрын
You made the right decision! Big hug!
@stuartmcalpine9468
24 күн бұрын
Hopefully they didn’t steal it thinking it would be worth it. Imagine all the thieves finding these ridiculous coin collections.
@jclikespam7791
Ай бұрын
Really fair offer but I wouldn't of bought it and I am not a dealer.
@terrancenorris9992
Ай бұрын
Nic-a-date works fairly well on revealing the date on buffalo nickels.
@CoinHELPu
Ай бұрын
I did a video on that recently.
@LukeL007
26 күн бұрын
I would hang out in a coin shop as I knew the owner and often would see the end result of people who thought they had a fortune but really had an accumulation of pocket change. 95% of the time they take the news in stride, but there are always those people who thought they were being taken even thought the owner would not even make an offer on the items. Common sense should tell you that if you have a coffee can full of SBAs or Ike dollars that they cannot be rare or valuable. PS To anyone who has old coin albums that are vinyl, (you can tel it is vinyl because it is very soft and will smell like a beach ball or inflatable toy. ) get your coins out of those holders. The vinyl contains PVC and will discolor your coins over time.
@michaelp772
Ай бұрын
Well, you can give the dollar coins as change to customers.
@thehistoryones4261
27 күн бұрын
Great video
@jenihansen7201
Ай бұрын
Just ordered a couple of coins and bid on a couple.
@CoinHELPu
Ай бұрын
Thank you!
@markwojo727
Ай бұрын
Lot of the videos on line tell people that coins are worth millions and it's just not true but if a person gets the red book it tells you everything about your coins.
@Rorschachqp
Ай бұрын
I've collected coins since I was 6 y/o and I've dealt in trading cards and comics for decades. I would have just pulled out the few coins that were good, like the Morgan and the Large Cent and offer on those two and the others I would just say pass on those, not worth more than 10 bucks. You can also separate out the silver and say you'll pay x over that bulk silver. It's pretty easy. That way no one walks away and has no idea how you got to the price you did.
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