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<p>[QUOTE=&quot;Ken Dorney, post: 2529715, member: 76086&quot;]I know who you mean, I have known him for many years.&nbsp; Nice guy, but our business models do not mesh.</p><p><br /></p><p><br /></p><p><br /></p><p>True, depending on where, when and the situation, all us dealers mark up our coins from either a negative number to a very high number.&nbsp; It just all depends.&nbsp; But, &quot;wholesale&quot; does not really exist anymore, at not as it pertains to most dealers.&nbsp; Sure, there are countries where one can buy directly from those who dug them out of their flower garden, but for the most part it doesnt exist.&nbsp; Wholesale in this instance can be just explained as one dealer selling to another, regardless of any other criteria.</p><p><br /></p><p>I dont know which VCoins dealer you refer to, but honestly, if you have a computer and a coin, you can easily present yourself as a dealer.&nbsp; Many people selling online are just hobbyists and dont care if they sell anything or not.&nbsp; But that is another discussion.&nbsp; </p><p><br /></p><p><br /></p><p><br /></p><p>Very true Doug.&nbsp; Some coins simply &#039;make the rounds&#039; not finding a home with a collector, just a temporary one with dealers.&nbsp; At some point the last person in the chain will lose, and maybe big time.&nbsp; Who knows?&nbsp; It may be that the current $1,000 coin was appropriately priced originally at $50.&nbsp; The market will take care of that, but there will be some hard losses and learning for some.</p><p><br /></p><p><br /></p><p><br /></p><p>I agree.&nbsp; I have lost many dollars on many deals.&nbsp; I dont feel as if I am &#039;owned&#039; a profit.&nbsp; Heck, when I run sales on my site, I usually lose on many, but profit on others.&nbsp; Its a crap shoot.</p><p><br /></p><p><br /></p><p><br /></p><p>I am not sure I agree with you here.&nbsp; It&#039;s not my business to make someone lose money, but in some cases that is very true.&nbsp; If a consignor shows me a coin he bought a few months ago, yea, they will take a loss.&nbsp; But if they show me coins they bought 30 years ago, they will take a darned good profit.[/QUOTE]</p><p><br /></p>

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