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<p>[QUOTE=&quot;maridvnvm, post: 4800917, member: 31620&quot;]I am still confused by much of this....</p><p><br /></p><p>Do you believe that it is common practice for an auction house to waive fees to dealers? It is not something that I have come across in the UK. I have family members who are antique dealers and they pay the same fees as everyone else in an antiques auction and always have.</p><p><br /></p><p>One of your assertions is that the dealer is the aution house itself. That is a different category. If the auction house decides to buy the coin for it&#039;s own coin store stock then I can&#039;t see the problem in them not charging themselves a fee for a service that they provided to themselves.</p><p><br /></p><p>I am still confused by your statements about dealers, sugercoating and selling to people with deep pockets. I buy some coins from dealers. I don&#039;t have deep pockets. The coins I buy have typically not been sugarcoated. They have been accurately described etc. Perhaps we buy from a different type of dealer. If I buy a coin from a dealer then I am unlikely to make a profit when I sell. I don&#039;t have to pay a buyer&#039;s premium but I have still probably bought at retail and regardless of my route to selling the coin I will lose either through auction fees, consignment fees with a dealer or selling the coin directly to a dealer. If your intention is to make money as an ancient coin collector by trading coins then I suggest that there are better ways to make money.[/QUOTE]</p><p><br /></p>

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