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Message:: [QUOTE="IdesOfMarch01, post: 2729582, member: 39084"]In my case, I work exclusively with one dealer who travels to most of the auctions at which I bid, and examines coins in person on my behalf.  If the coin meets his approval, he will place bids for me up to the amount that we agreed.  I pay him a commission on each purchase, and the commission changes depending on whether or not the auction house "participates" with dealers (I take this as meaning whether or not he gets part of the fees collected by the auction house).  He delivers the coins to me, usually (but not always) via Fed Ex, at whatever those costs (including insurance) are.  For the coins that I buy, the delivery costs can be as much as $400 - $500. In the event that he cannot be present at an auction, he will contact other dealers to view the coins on his behalf and they'll receive a portion of the fee that I pay. Occasionally I purchase coins directly from him that he's found and purchased from other dealers or collectors.  These prices are negotiated on a per-coin basis. A few times I've also had my dealer purchase coins from a VCoins dealer or CNG's retail offerings.  In those cases, I may pay him his fee (if the dealer doesn't want to sell to my dealer at a discount), or he will negotiate his fee with the other dealer and I pay either the asking price or a lower price that he's negotiated for the coin. Hope that helps.[/QUOTE]