Reply to Thread

Message:: [QUOTE="-jeffB, post: 2658725, member: 27832"]Dealers are (almost) always happy to buy from the public at shows. You're not supposed to directly sell to or buy from other attendees; the folks set up at tables have paid for the privilege of doing business there, and don't want unpaid competition. It's a BIG no-no to interfere with negotiation between a dealer and an attendee. Even if you're sure a dealer is low-balling an attendee who's trying to sell something, stepping in and offering the attendee a better price is a sure way to get shown the door. Around here, most dealers will pay cash, as long as the transaction isn't too big -- I've never done deals much more than $1-2K, and I wouldn't be very comfortable walking around with a giant wad of 100s anyhow. Don't be in too big a rush to sell too much, though. If you sell without knowing what you have, you could come away with a lot less money than you deserve. Most dealers will ask "how much do you want for it?", and if you ask for a tenth of its actual value, they'll pay you that with a clear conscience. Asking "what do you think it's worth?" puts the onus back on them, and an honest, ethical dealer will give you a fair assessment. Just remember that (1) not all dealers are honest or ethical, and (2) all dealers do need to make money, so they need to buy for less than they sell for. If you see a coin on display in their case for $300, don't expect them to pay you $300 for an identical coin.[/QUOTE]