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<p>[QUOTE="Duke Kavanaugh, post: 1469687, member: 20544"]While at a local shop the other day I noticed a person haggling with the price of 90% bullion. The customer was trying to get it for Spot price and the dealer wouldn't go there but was closer then I would have expected.</p><p>I also push the prices but not as hard at that person. </p><p><br /></p><p>My epiphany was that from my knowledge, coin stores are less and less around and bullion places are popping up more and more. And what I am thinking is it is basically OUR faults. Yes, US, as in coin collectors, bullion stackers and currency collectors. We beat up the dealers for every dollar they can make and expect them to stay around for free. With those kind of pressures it is no wonder that many pay very little for the goods that come in. </p><p><br /></p><p>Look at a normal retail market profit %. It seems to be MUCH higher then coins.</p><p><br /></p><p>Just trying to get a feeling of what the rest of you think about this. As I think that my next trip to the coin shop will make me more thoughtful of their goods and help.[/QUOTE]</p><p><br /></p>
[QUOTE="Duke Kavanaugh, post: 1469687, member: 20544"]While at a local shop the other day I noticed a person haggling with the price of 90% bullion. The customer was trying to get it for Spot price and the dealer wouldn't go there but was closer then I would have expected. I also push the prices but not as hard at that person. My epiphany was that from my knowledge, coin stores are less and less around and bullion places are popping up more and more. And what I am thinking is it is basically OUR faults. Yes, US, as in coin collectors, bullion stackers and currency collectors. We beat up the dealers for every dollar they can make and expect them to stay around for free. With those kind of pressures it is no wonder that many pay very little for the goods that come in. Look at a normal retail market profit %. It seems to be MUCH higher then coins. Just trying to get a feeling of what the rest of you think about this. As I think that my next trip to the coin shop will make me more thoughtful of their goods and help.[/QUOTE]
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