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<p>[QUOTE=&quot;John Burgess, post: 16562822, member: 105098&quot;]I&#039;d just say that you know what he paid for it, ask if you can see it after the deal is done. and make an offer.</p><p><br /></p><p>profit margin in most numismatic transactions is between 10-20% as a seller you lose 10-20%, as a dealer they gain 10-20% when they sell it. Really don&#039;t want to go below the 10% and above 20% kind of leads to haggling or hurt feelings. Some like to play the haggle game, and mark up to 30-35% and let you talk them down some and set it that high so either you&#039;ll pay it, or it will look like a great deal when they give you 10% off. </p><p><br /></p><p>Rule of Thumb markup for a reseller is to start at 30% markup and then if necessary &quot;find wiggle room&quot; down to 25% or 20% to make the deal. Sometimes you gotta go lower, but it give you room to make a buck or two doing that.</p><p><br /></p><p>in this scenario, and him paying $5.00 for it, there is no reason that $7.15 isn&#039;t more than reasonable for it, and that $6.50 is fair. Offering $10 would be more than fair and they should take the quick profit without carrying cost, unless he ripped that dude off in which case he won&#039;t sell it like that.</p><p><br /></p><p>I would think that he got a good look at it before making the offer, and besides a nice display, it&#039;s all common date coins that are either problem coins, or nice and really common.</p><p><br /></p><p>I&#039;ve seen sets like that, the box is worth more than whats in it, and the box, I know people sell the short sets in fancy boxes for like $150, I know some places will do even fancier boxes and add stamps, and charge $40 each for 15 shipments of 2 coins and 1 stamp (total scam preying on the unknowing).</p><p>You might find a short set on ebay for like $50 or $60, but that&#039;s convenience. The dealer is going to break the set and sell them as singles most likely. Might have an eye for one coin he can make his $5 back on and then the rest is gravy sitting in the bargain bin or sold as a roll of mixed date commons or whatever.</p><p><br /></p><p>There is carrying cost and stale inventory that takes up space that doesn&#039;t turn back into money is just a burden really, money on the shelf, but it&#039;s got to get sold at some point.</p><p>Unless he ripped the dude off though, $10 offered should be an easy flip to double his money immediately. If he did rip the guy off you&#039;d know it when he refuses.</p><p>double what he paid for it should work for most dealers to not have to hold something in inventory at all.</p><p><br /></p><p>To a dealer this should not be offensive, he made his deal without interference,&nbsp; and you make your deal and hopefully everyone is happy in the end, but it shouldn&#039;t cause you to get banned from the shop doing it like that. worst case, you find out he ripped the guy off and won&#039;t sell it for less than $60.</p><p><br /></p><p>it just tells you not to sell at that shop is all it does. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>

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