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<p>[QUOTE=&quot;akeady, post: 4798539, member: 83175&quot;]This price gouging will mainly affect uninformed collectors.&nbsp;&nbsp; A collector buying at auction can generally afford to outbid dealers.&nbsp;&nbsp; If I feel a coin is worth €1000, I can bid that (allowing for fees), while a dealer paying that much will have to try to sell it on at a higher price to make any profit.&nbsp;&nbsp; Why would a prospective buyer pay more for something which has just been flipped, when he could have got it for less at the same venue as the dealer?</p><p><br /></p><p>Of course, coins will sometimes sell at auction for much less than their &quot;true value&quot; and here a decent mark-up is justified.</p><p><br /></p><p>The proliferation of auctions is a problem for retail dealers as people are more likely to consign coins to auctions than sell or consign to retail dealers.</p><p><br /></p><p>Anyway, strange behaviour from Baldwin&#039;s-St James - I&#039;ve bought from them and from Frank Robinson without problems, so I don&#039;t know what was going on.</p><p><br /></p><p>ATB,</p><p>Aidan.[/QUOTE]</p><p><br /></p>

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