Message:

<p>[QUOTE=&quot;brassnautilus, post: 2154211, member: 74300&quot;]doug made an excellent point. Collecting of any kind has to do with value of the collection. Eventhough we aren&#039;t thinking of selling our coins, their value mattered, and one wouldn&#039;t want to spend over something&#039;s actual value just for the sake of obtaining it. </p><p><br /></p><p>Generally, not only was a $1,000 coin easier to fetch than 10 $100 value pieces, it&#039;s often easier to get a deal on a $1,000 piece than 10 that worth $100 each, because, well, the people moving them are considering the same thing. </p><p><br /></p><p>A dealer creates profit margin by forcing their sellers(suppliers) to take losses. Getting him to share that margin with you meant you were paying less than actual value of the item - a deal. They usually work out a percentage, so if he happens to sell the $1000 coin at listed price then he will get a lot more profit from that sales than on each of the $100 coins.</p><p><br /></p><p>Otherwise it wouldn&#039;t be worthy to move that piece (unless they are high roller specialists) because it &quot;tied up their money&quot;. Haven said that one $1,000 coin is easier to sell than 10 $100 ones, it can take much longer to do so than 2 or 3, or even 5 $100 pieces. Something that&#039;s not moving does not generate anything, the dealer could had spend that $1,000 on a bunch of $20 or $50s and get rid of them in half the time took a $1000 to sell - twice as much profit for him. </p><p><br /></p><p>For these reasons, dealers are more willing to cut their profit to sell a coin with higher price. </p><p><br /></p><p>tl:dr version: get deals on higher priced coins, don&#039;t collect junk[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in