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<p>[QUOTE="medoraman, post: 3703971, member: 26302"]You are missing an element many people miss. For lower valued items, there is a distinct "mess with it" cost. A dealer is NOT going to list a $.15 note. He might PAY $.15 or less for certain notes, but to be worth his effort at all, he is going to charge $1-$3. This cost will NEVER be recoverable. </p><p><br /></p><p>I face this all of the time. I buy group lots, sometimes knowing the individual coins might sell for $20 each, but I get them for $5 each. Why? Because most ancient dealers do not want to dink around listing $10 coins. </p><p><br /></p><p>Low end stuff is low end, and best acquired in large batches if you want them. A dealer will sell you a group of 100 miscellaneous notes for $30, but will not list 100 auctions for $.30 each. Anyone buying lower end stuff should be aware of this phenomenon. Taking a price of a single coins is not necessarily the value in bulk, there is a "mess with it" upcharge for the dealer to be bothered listing inexpensive items. That is why in the old days these were in pick bins, it was an inexpensive way for a dealer to get rid of cheaper coins without putting in any labor.[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 3703971, member: 26302"]You are missing an element many people miss. For lower valued items, there is a distinct "mess with it" cost. A dealer is NOT going to list a $.15 note. He might PAY $.15 or less for certain notes, but to be worth his effort at all, he is going to charge $1-$3. This cost will NEVER be recoverable. I face this all of the time. I buy group lots, sometimes knowing the individual coins might sell for $20 each, but I get them for $5 each. Why? Because most ancient dealers do not want to dink around listing $10 coins. Low end stuff is low end, and best acquired in large batches if you want them. A dealer will sell you a group of 100 miscellaneous notes for $30, but will not list 100 auctions for $.30 each. Anyone buying lower end stuff should be aware of this phenomenon. Taking a price of a single coins is not necessarily the value in bulk, there is a "mess with it" upcharge for the dealer to be bothered listing inexpensive items. That is why in the old days these were in pick bins, it was an inexpensive way for a dealer to get rid of cheaper coins without putting in any labor.[/QUOTE]
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