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<p>[QUOTE=&quot;Cloudsweeper99, post: 134974, member: 3011&quot;]There are two dangers when dealing with coin dealers.&nbsp; The first is working with a dealer who sells overgraded merchandise, probably the biggest problem.&nbsp; The second is abnormally high markups.&nbsp; There are three dealers within a reasonable distance from me.&nbsp; I would only buy from one of them.&nbsp; He seems to try hard to correctly grade the coins he sells, and is very open about charging a 20% markup on all merchandise.&nbsp; So he usually sells at greysheet prices and buys coins at 20% below that price.&nbsp; From what I see, he does a pretty high volume of business because people seem to trust him, and has a number of wealthy clients for whom he assembles high value high quality collections.&nbsp; That seems like a perfectly reasonable and honest and profitable way to run a business.&nbsp; The other two dealers sell cleaned and overgraded merchandise, are fairly rude to people other than the &#039;regulars&#039;, and will probably be on America&#039;s Most Wanted someday.[/QUOTE]</p><p><br /></p>

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