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<p>[QUOTE="Tom B, post: 1765167, member: 11854"]This is a really good response by GDJMSP. The <i>vast majority </i> of both the volume and value of the coins I sell are sold to other dealers. Oddly enough, many times I sell coins to dealers at the same price that I have offered them on my website to the general public. In some of these cases I have previously received feedback from clients that the coin was too much money on my site, yet it sells to another dealer at my asking price. Incredibly, on more than one occasion I have received feedback from a client that a coin was priced too high at X only to have me sell the coin to another dealer at X and then find out shortly thereafter that the client who gave the initial feedback purchased the coin from the next dealer at X+Y. The most likely explanation for this behavior, in my opinion, is that the collector realized he was wrong in his initial value assessment and really wanted the coin or that the collector has been sold on the "brand name" of the dealer and buys the brand.[/QUOTE]</p><p><br /></p>
[QUOTE="Tom B, post: 1765167, member: 11854"]This is a really good response by GDJMSP. The [I]vast majority [/I] of both the volume and value of the coins I sell are sold to other dealers. Oddly enough, many times I sell coins to dealers at the same price that I have offered them on my website to the general public. In some of these cases I have previously received feedback from clients that the coin was too much money on my site, yet it sells to another dealer at my asking price. Incredibly, on more than one occasion I have received feedback from a client that a coin was priced too high at X only to have me sell the coin to another dealer at X and then find out shortly thereafter that the client who gave the initial feedback purchased the coin from the next dealer at X+Y. The most likely explanation for this behavior, in my opinion, is that the collector realized he was wrong in his initial value assessment and really wanted the coin or that the collector has been sold on the "brand name" of the dealer and buys the brand.[/QUOTE]
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