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<p>[QUOTE="Player11, post: 1186886, member: 26725"]I put everything I brought to the show out on the first day. I do not do bullion except for my own personal investment / blowout. I do have bullion related material like slabbed ASE, Mod $, and silver proof sets which I retail in addtion to currency and numismatic coins.</p><p> </p><p>I do not necessarily set up at a show to do business with other dealers as I am there to buy and sell at my price with the public. I may elect to wholesale certain material that walked in the shop at 60-65% of bid to buyers at sheet prices to get a quick flip. Everything else they either pay the money or its adios amigos. </p><p> </p><p>I dont put prices on anything so if hardly anyone is asking a price on something what this tells me the people walking in the door dont have any money. These types of shows can be good buying shows at my price. My buying is targeted to material I can buy low and make at least 40% on at retail. If I can't buy it at a low enough cost to make a decent profit, then pass. It takes cost plus at least 40% to make it in the coin business. </p><p> </p><p>The first day if I come in loaded with cash I may go thru the slab boxes of a certain wholesaler to pick up some nice stuff or restock certain generics for retail customers.</p><p> </p><p>I do not take checks or credit cards from anyone. I expect payment in cash and may take bullion coins at melt or slabbed coins at 20% behind CDN Bid in trade depending on needs. For the guys who say "well so and so recommends me" they can go take a flying leap. Beware of people who want to trade you material on a sale transaction (as part of the payment) as they may be using it as a trojan horse to get more for it or offload low end garbage. I am willing to work with these guys if the deal works for me but many dealers hate them.[/QUOTE]</p><p><br /></p>
[QUOTE="Player11, post: 1186886, member: 26725"]I put everything I brought to the show out on the first day. I do not do bullion except for my own personal investment / blowout. I do have bullion related material like slabbed ASE, Mod $, and silver proof sets which I retail in addtion to currency and numismatic coins. I do not necessarily set up at a show to do business with other dealers as I am there to buy and sell at my price with the public. I may elect to wholesale certain material that walked in the shop at 60-65% of bid to buyers at sheet prices to get a quick flip. Everything else they either pay the money or its adios amigos. I dont put prices on anything so if hardly anyone is asking a price on something what this tells me the people walking in the door dont have any money. These types of shows can be good buying shows at my price. My buying is targeted to material I can buy low and make at least 40% on at retail. If I can't buy it at a low enough cost to make a decent profit, then pass. It takes cost plus at least 40% to make it in the coin business. The first day if I come in loaded with cash I may go thru the slab boxes of a certain wholesaler to pick up some nice stuff or restock certain generics for retail customers. I do not take checks or credit cards from anyone. I expect payment in cash and may take bullion coins at melt or slabbed coins at 20% behind CDN Bid in trade depending on needs. For the guys who say "well so and so recommends me" they can go take a flying leap. Beware of people who want to trade you material on a sale transaction (as part of the payment) as they may be using it as a trojan horse to get more for it or offload low end garbage. I am willing to work with these guys if the deal works for me but many dealers hate them.[/QUOTE]
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