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<p>[QUOTE=&quot;Carausius, post: 4798611, member: 76440&quot;]I think your concern on this issue is misplaced.&nbsp; Dealers buying coins at auction and reselling them at retail has been completely normal for over 100 years. Auctions are a major source of dealer stock, and spotting hammer prices with room for profit is an important dealer skill.&nbsp; There is absolutely nothing wrong with it.&nbsp; The difference today is that auctions are all online, putting collectors in more frequent competition with dealers.</p><p><br /></p><p>My 100-year comment is not hyperbole.&nbsp; I collect important auction catalogues and price lists from 19th-20th centuries.&nbsp; Many coins can be traced from one dealer&#039;s auction to another&#039;s fixed-price list.&nbsp; All perfectly normal for generations.</p><p><br /></p><p>So, I look at your issue a bit differently. If I lose a coin at auction, and later find it in a dealer&#039;s stock, I don&#039;t get mad at the</p><p>dealer - I get mad at myself for undervaluing the coin.&nbsp; If you want to beat dealers at auctions, bid more than wholesale.[/QUOTE]</p><p><br /></p>

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