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<p>[QUOTE="CamaroDMD, post: 1449272, member: 5233"]In my personal opinion...it is the duty of the professional (dealer) selling the coin to establish the price. The dealer should know what the fair market value for his item is. That said, as has been stated...the dealer could have simply been making you a deal. Sometimes, that is a wise move because it creates a good relationship with the customer and thus will make them want to purchase other items in the future. It could be the way to open the door to a long business relationship.</p><p><br /></p><p>As I said before as well...the job of the dealer is to make a profit. That doesn't necessarily mean make as much money as possible. Perhaps that coin was purchased several years ago when silver was much lower and thus $15 is still a profit. It is also possible the coin has been sitting in his inventory taking up space/money for quite some time. This is also a common reason why items are liquidated at lower than retail costs. It frees up space and money while getting rid of merchandise that is not moving.[/QUOTE]</p><p><br /></p>
[QUOTE="CamaroDMD, post: 1449272, member: 5233"]In my personal opinion...it is the duty of the professional (dealer) selling the coin to establish the price. The dealer should know what the fair market value for his item is. That said, as has been stated...the dealer could have simply been making you a deal. Sometimes, that is a wise move because it creates a good relationship with the customer and thus will make them want to purchase other items in the future. It could be the way to open the door to a long business relationship. As I said before as well...the job of the dealer is to make a profit. That doesn't necessarily mean make as much money as possible. Perhaps that coin was purchased several years ago when silver was much lower and thus $15 is still a profit. It is also possible the coin has been sitting in his inventory taking up space/money for quite some time. This is also a common reason why items are liquidated at lower than retail costs. It frees up space and money while getting rid of merchandise that is not moving.[/QUOTE]
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