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<p>[QUOTE=&quot;David Setree Rare Coins, post: 2351347, member: 74719&quot;]It&#039;s a very valid question.</p><p><br /></p><p>I have my own ideas and standards that I follow under various situations.</p><p><br /></p><p>It will be readily agreed that I have an obligation to the folks that have no numismatic background at all. my knowledge could be considered a &quot;deadly financial weapon&quot;, so to speak.</p><p><br /></p><p>Not so when confronting another dealer. It&#039;s now a case of &quot;who knows more&quot;. If a dealer says $3500.00 (or a customer for that matter), for a coin that is worth $12,000.00, I will take it from the dealer but I will (and have!) offered to go up with the customer. I said exactly ; &quot;So you&#039;re at $3500.00 firm? No haggling? Are you sure you won&#039;t go up any?&quot; They said no way!</p><p><br /></p><p>Of course the percentages change depending on what type of material and it&#039;s liquidity. I will pay more for a gold eagle which I can sell immediately compared to, say a rare civil war token that may sit for 15 years (tying up my money) before I find a buyer.[/QUOTE]</p><p><br /></p>

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