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<p>[QUOTE="TIF, post: 2529497, member: 56859"]I have no issue with a dealer using a 100% markup for the reasons you listed. However, I expect those dealers to have acquired those coins at something resembling "wholesale" price. I can think of at least one high-end Vcoins dealer who often has expensive coins from recently closed auctions and the hammer prices weren't really "steals". I would be very surprised if that dealer ever sells the coins for such lofty prices. Surely anyone shopping in that price bracket would have seen the coin at the recent auction. I wonder what his average discount is when such coins are sold. I'm assuming the coins were bought at auction by the dealer but they could be consignments (unlikely, given the very short time between auction closing and listing in his store).</p><p><br /></p><p>Perhaps this is an example of what Doug described in post 39 of this thread:</p><p><br /></p><p><a href="https://www.cointalk.com/threads/buying-ancients-some-questions.284360/page-2#post-2529093" class="internalLink ProxyLink" data-proxy-href="https://www.cointalk.com/threads/buying-ancients-some-questions.284360/page-2#post-2529093">https://www.cointalk.com/threads/buying-ancients-some-questions.284360/page-2#post-2529093</a>[/QUOTE]</p><p><br /></p>
[QUOTE="TIF, post: 2529497, member: 56859"]I have no issue with a dealer using a 100% markup for the reasons you listed. However, I expect those dealers to have acquired those coins at something resembling "wholesale" price. I can think of at least one high-end Vcoins dealer who often has expensive coins from recently closed auctions and the hammer prices weren't really "steals". I would be very surprised if that dealer ever sells the coins for such lofty prices. Surely anyone shopping in that price bracket would have seen the coin at the recent auction. I wonder what his average discount is when such coins are sold. I'm assuming the coins were bought at auction by the dealer but they could be consignments (unlikely, given the very short time between auction closing and listing in his store). Perhaps this is an example of what Doug described in post 39 of this thread: [url]https://www.cointalk.com/threads/buying-ancients-some-questions.284360/page-2#post-2529093[/url][/QUOTE]
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