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<p>[QUOTE="dougsmit, post: 3068595, member: 19463"]I have seen this in action. As a known cheapskate and person who collects Septimius Severus, I had a seller at a show refuse to sell me a coin saying he knew that he must have missed something or I would not want it. Just because something is rare or interesting to a specialist does not mean it will or should sell for more. Dealers buy coins from people, mark up the price and resell to other people. If a dealer pays grandma widow $10 for a late Roman bronze and puts it in his case marked Claudius $20, should he feel misused when someone buys it for his asking price? Does it make any difference if it was not Claudius but Marius? He still doubled his money. If grandma widow comes into a shop and a dealer tells her that her coin is a $10 Claudius when it is Marius, that is abuse. Is it my job to point out ID errors to dealers whether or not it affects the value? It is a rare coin show that I do not point out at least one error to a dealer. It is a rare show that I am not asked 'Is this denarius Alexandria?'. I answer those questions honestly but dealers who think I will then buy the coin for more than it is worth based on my ID rarely succeed. There is one dealer in particular that I taught how to ID Septimius mints and now does not need to ask since now he is skilled. That is a win-win situation since now he knows what to buy that I will like. </p><p><br /></p><p>I like that barbarous Anastasius and would buy it for a low grade price. I was not aware that such a coin is rare and desirable to specialists so I would have no reason to pay more. Should a specialist tell the seller that the coin is worth more? To me, it <i>is</i> an ugly, low grade Anastasius. Value is in the eye of the buyer. Sellers who think they set the prices need to find buyers who agree with them. Sooner or later they probably will.[/QUOTE]</p><p><br /></p>
[QUOTE="dougsmit, post: 3068595, member: 19463"]I have seen this in action. As a known cheapskate and person who collects Septimius Severus, I had a seller at a show refuse to sell me a coin saying he knew that he must have missed something or I would not want it. Just because something is rare or interesting to a specialist does not mean it will or should sell for more. Dealers buy coins from people, mark up the price and resell to other people. If a dealer pays grandma widow $10 for a late Roman bronze and puts it in his case marked Claudius $20, should he feel misused when someone buys it for his asking price? Does it make any difference if it was not Claudius but Marius? He still doubled his money. If grandma widow comes into a shop and a dealer tells her that her coin is a $10 Claudius when it is Marius, that is abuse. Is it my job to point out ID errors to dealers whether or not it affects the value? It is a rare coin show that I do not point out at least one error to a dealer. It is a rare show that I am not asked 'Is this denarius Alexandria?'. I answer those questions honestly but dealers who think I will then buy the coin for more than it is worth based on my ID rarely succeed. There is one dealer in particular that I taught how to ID Septimius mints and now does not need to ask since now he is skilled. That is a win-win situation since now he knows what to buy that I will like. I like that barbarous Anastasius and would buy it for a low grade price. I was not aware that such a coin is rare and desirable to specialists so I would have no reason to pay more. Should a specialist tell the seller that the coin is worth more? To me, it [I]is[/I] an ugly, low grade Anastasius. Value is in the eye of the buyer. Sellers who think they set the prices need to find buyers who agree with them. Sooner or later they probably will.[/QUOTE]
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