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<p>[QUOTE=&quot;Vegas Vic, post: 2097171, member: 58810&quot;]Not for much longer. </p><p><br /></p><p><br /></p><p><br /></p><p>The guy is talking about &quot;coin ethics&quot; and gave an example. Seems right on topic to me. </p><p><br /></p><p><br /></p><p><br /></p><p>Many will. </p><p><br /></p><p><br /></p><p><br /></p><p>My personal thoughts are that your question is irrelevant. Not because you pose an uninteresting idea but because technology is obviating the need for the coin dealer in the first place. </p><p><br /></p><p>The whole purpose of the coin dealer is to facilate a transaction between two different coin collectors who don&#039;t know each other. They rely on the coin dealer to make the transaction as smooth as possible. Thing is in today&#039;s world I think it is like dating. Everyone used to have to figure out some location to meet other people in. Now something like one out of every three romantic relationships starts online. I personally think coins are the same. Now many transactions that were handled by dealers are happening online. eBay is a great example of this. Instead of paying a dealer many collectors are reaching out to other collectors online. Ebay or great collections or whoever else is replacing the b&amp;m coin dealer who used to own the whole coin market. Have online transactions replaced coin dealers totally today? No. but what was a &quot;captive&quot; market has been liberated online. Maybe we are around only one in three transactions online now, but the graph of online transactions over time makes a clear and unmistakable statement that the traditional dealer is being replaced by online services. Services which take much less of a transaction fee compared to the traditional dealer. </p><p><br /></p><p>Are many of the sellers of coins online dealers? Sure. But again the number and percentage of collector to collector transactions is climbing quite clearly over time. Does this mean all dealers will go extinct? Unlikely but a serious consolidation is probably going to happen where only a few dealers survive and the others are squeezed out of the market.&nbsp; Personally I think that the survivors will be bigger name companies but I&#039;m sure here and there some small dealers will survive. I predict that the vast majority of future coin transactions will be done online collector to collector, which makes the whole concept of your question no longer relevant.[/QUOTE]</p><p><br /></p>

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