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<p>[QUOTE=&quot;AncientJoe, post: 1881262, member: 44357&quot;]I have a similar relationship with my dealer - most European auction houses give him 5% and he&#039;ll charge me anywhere between 0-5% on top of that, usually depending on the price of the coin in question. I&#039;ve insisted to pay him more in some cases when I&#039;ve won inexpensive coins and missed the &quot;big&quot; coins I was chasing after in the auction: it may not make the most financial sense from my side but so much of this &quot;industry&quot; is about relationship building. I&#039;ll always take him out to a nice dinner when we&#039;re nearby to help make up for the times when he bids and we don&#039;t win anything (meaning, he gets no commission).</p><p><br /></p><p>I do bid on coins myself as well - sometimes in person, sometimes online, and sometimes I&#039;ll attend an auction and sit alongside my dealer, but I have my dealer inspect and acquire most of my major purchases in person. He has a great relationship with the auction houses and we can almost always take delivery right after the auction, and well before I&#039;ve paid a dime, saving on shipping hassles and waiting on customs.</p><p><br /></p><p>One other added benefit that IoM didn&#039;t mention is the fact that the dealer can be unattached emotionally to the bidding. Personally, I don&#039;t have a good enough &quot;poker paddle&quot; for bidding on expensive coins in person. When bidding on the EID MAR and Colosseum sestertius recently, I was extremely anxious before and during the bidding. I find this ironic because I deal with much more significant negotiations in business... I suppose coins are just much more personal and result in more passion associated with them.[/QUOTE]</p><p><br /></p>

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