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<p>[QUOTE="Tom B, post: 2014550, member: 11854"]Security might be one legitimate reason why folks would be less inclined to be thorough or even truthful in what they have on-hand. Oddly enough, some dealers might intentionally lie or mislead the public into thinking they have certain pieces that they don't have and, when someone arrives, they might simply tell them it sold "just a moment ago".</p><p><br /></p><p>I've been doing shows for a couple of decades, but I don't have an enormous inventory, which means that I have great experience at shows and might even be a good test subject for the idea. My initial thoughts on this are that one would likely have to hire a new person on a daily basis for this work or would have to assign additional responsibility to someone who might already be taxed with lots to do already. Even though dealers get slammed on these boards for being lazy or whatever, I must admit that my time is fairly precious at a show. It isn't all buying and selling; there is quite a bit of meeting up with clients, meeting potential new clients, reinforcing business relationships, teaching collectors, planning auction strategy and walking the floor looking for new coins.</p><p><br /></p><p>I use carbonless, professionally printed receipts at shows and the great majority of those dealers who declare their tax income properly do so, too. Truly, I think once one gets up to speed with electronic record keeping in real-time that it should be able to be done by a certain population of folks. I wouldn't imagine that I would engage in this since I intentionally withhold coins so that I can offer them to my clients from my site. Additionally, I don't always know what the most fair price is for a coin once it is purchased and don't want someone asking me about the coin prior to my own figuring on the piece. Overall, I think the idea is great, but I think at this time there are enough impediments in its implementation and continuous usage that most will not embrace the project.[/QUOTE]</p><p><br /></p>
[QUOTE="Tom B, post: 2014550, member: 11854"]Security might be one legitimate reason why folks would be less inclined to be thorough or even truthful in what they have on-hand. Oddly enough, some dealers might intentionally lie or mislead the public into thinking they have certain pieces that they don't have and, when someone arrives, they might simply tell them it sold "just a moment ago". I've been doing shows for a couple of decades, but I don't have an enormous inventory, which means that I have great experience at shows and might even be a good test subject for the idea. My initial thoughts on this are that one would likely have to hire a new person on a daily basis for this work or would have to assign additional responsibility to someone who might already be taxed with lots to do already. Even though dealers get slammed on these boards for being lazy or whatever, I must admit that my time is fairly precious at a show. It isn't all buying and selling; there is quite a bit of meeting up with clients, meeting potential new clients, reinforcing business relationships, teaching collectors, planning auction strategy and walking the floor looking for new coins. I use carbonless, professionally printed receipts at shows and the great majority of those dealers who declare their tax income properly do so, too. Truly, I think once one gets up to speed with electronic record keeping in real-time that it should be able to be done by a certain population of folks. I wouldn't imagine that I would engage in this since I intentionally withhold coins so that I can offer them to my clients from my site. Additionally, I don't always know what the most fair price is for a coin once it is purchased and don't want someone asking me about the coin prior to my own figuring on the piece. Overall, I think the idea is great, but I think at this time there are enough impediments in its implementation and continuous usage that most will not embrace the project.[/QUOTE]
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