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<p>[QUOTE="Hobo, post: 489859, member: 11521"]It is called wholesale. The coin is being sold to a dealer for resale. That is how business works. </p><p> </p><p>The dealers most likely have an understanding where the dealer who is selling the coin at wholesale will be able to buy a coin from the other dealer at wholesale. </p><p> </p><p>No man is an island and no coin dealer is an island. It is impossible to go it alone so coin dealers have to work together every now and then. If another dealer has a buyer for a coin you have (and you don't have a buyer) it is in your best interest to sell it to the other dealer for a small profit and let the other dealer make his sale and make a profit. That way you move the coin and free up some money so you can buy more coins AND make a small profit. Plus the other dealer makes a profit and the collector who buys the coin is happy. It's a win-win situation.[/QUOTE]</p><p><br /></p>
[QUOTE="Hobo, post: 489859, member: 11521"]It is called wholesale. The coin is being sold to a dealer for resale. That is how business works. The dealers most likely have an understanding where the dealer who is selling the coin at wholesale will be able to buy a coin from the other dealer at wholesale. No man is an island and no coin dealer is an island. It is impossible to go it alone so coin dealers have to work together every now and then. If another dealer has a buyer for a coin you have (and you don't have a buyer) it is in your best interest to sell it to the other dealer for a small profit and let the other dealer make his sale and make a profit. That way you move the coin and free up some money so you can buy more coins AND make a small profit. Plus the other dealer makes a profit and the collector who buys the coin is happy. It's a win-win situation.[/QUOTE]
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