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Mineral of the Week
#75116, Smithsonite (Cadmium-rich), Tsumeb Mine, Namibia (c) $3500
News and CommentsBeginning dealers frequently ask me for advice. I have many suggestions for aspiring dealers, but my number one regret in running my business, and my number one cautionary rule for new dealers, is avoid buying too many mineral specimens of a find. When there is a new mineral find, or the rediscovery of an old stash of an old mineral find, the instinct of every dealer is to buy as many as possible. After all, you never know when you will get another opportunity. And selling minerals is a long-term enterprise. Why not stick a couple of flats in the rear of the warehouse to pull out 10 years from now? You can pull one out every few months and offer at shows or on the Internet. Or offer them all at once at a show, to make a big splash and attract attention from high-end collectors. Since my first year as a mineral dealer (1989) I consistently bought too many of a find. I was wrong. My logic was flawed. I ended up with three warehouses filled with minerals that never were seen by collectors because there were too many for a show booth. The new minerals posted this week (New Listings1A and New Listings1B) are almost all examples of buying too many of a find. But now I have reduced my storage space to a single warehouse and I am trying to shrink even that space. As a result, I am posting lots of groups of similar minerals. If you are an aspiring dealer, force yourself to buy fewer mineral specimens. If you are offered a lot of 50, pick the best 15, and then buy HALF of the 15. Limit yourself to 7 or 8. It is better to sell-out of a find, than to have unsold minerals in storage. Unsold minerals are dollars that are not growing. They represent the lost opportunity of using the same dollars to invest in Apple stock or buying a house. Learn from my mistakes. Buy less. Run lean. John H. Betts, 4/17/2018 Click here to read past news and commentaries...
Customer Comments:"Some months ago, we asked if you could obtain for us a specimen of Fluorite from Illinois. We left you to it knowing that sooner or later you would come up with the goods. And you certainly have. It is an absolute magnificent Fluorite and we can't thank you enough for going to all that trouble to obtain it for us." Marie... "Thank you John! I just added two nice Diamonds from the North Cape Province, South Africa to my collection. John's service is impeccable! My new prized specimens were described honestly and photographed perfectly. I am a very happy collector! For everyone seeking to buy collection grade (or jewelry grade) Diamonds, John Betts fine minerals in New York is the place to go!" Michael P. "I'm very happy with the beautiful calcite on dolomite mineral I purchased from you. The fluorescence is awesome! As always,it was superbly packed and delivered, and the price very fair. I look forward to my next transaction with you. "G. Tucker "I just received my order of beautiful Copper from the Ray Mine in Arizona and Native Silver with Acanthite from Batopilas, Chihuahua Mexico. Both arrived in perfect condition and I am thrilled & honored to add these awesome minerals to my Native Elements section of my collection. These beauties will add much "spice" to that group. These and all your minerals are "show worthy" pieces at bargain prices. Thank you a million times! 5 stars +++++ for this dealer!" M.P. "Thanks, John. The sapphire just arrived in fine shape. Very nice and the color and clarity were well-represented by your photographs. Another satisfied customer!" D.D.
Click here to see other comments about this site by customers. Also add your feedback...
Pledge to My Customers:Customer satisfaction is my primary goal. I pledge:
John H. Betts, owner
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