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<p>[QUOTE=&quot;Marshall, post: 1048357, member: 21705&quot;]There is a market for every coin. There is nothing wrong with problem coins as long as you pay problem coin prices and expect to sell at problem coin prices. The rub is when you buy too high and expect to sell too high. </p><p><br /></p><p>Since I specialize in early coppers on a budget, there&#039;s no way to get around problem coins since they represent the bulk of the coins out there and certainly the majority of affordable ones. You can readily get hit hard buying problem free coins too high. What some dealers do is buy problem free really low from the naive so their risk is virtually eliminated. This is not the business risk spread that is legitimate. It&#039;s the buy at $50, sell at $500 transactions.</p><p><br /></p><p>I guess my own view is that coins should by bought by dealers at no lower than half the anticipated return (Marked price minus anticipated discount) to be legitimate. Then smaller margins are the method of competing among the dealers. But I may be naive there as well. From my perspective, I&#039;d like to think I could sell my purchases for at least half what I paid.[/QUOTE]</p><p><br /></p>

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