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<p>[QUOTE="Conder101, post: 1497055, member: 66"]OK say I'm an authorized TPG submission dealer. I buy 1000 2012 proof sets. Look them over and pull say 300 that I think have a good chance of getting PF-70. I send them in as a bulk submission and as long as say 70 of them actually get 70 I can get the whole batch slabbed for $8 a coin or $2400 total. If I get my 70 70's I sell them off at $50 each and I make $3500. I have $1100 profit and 230 slabbed PF 68 and 69 coins that I blow out for $5 each. Even after selling all of them at $3 apiece LESS than my slabbing cost I still come out of the deal with a Gross profit of $2250. And I still have 700 2012 proof sets and 300 sets wher I can sell of the singles. </p><p><br /></p><p>And in fact I can do the same thing with the other denominations sending in bulk submissions of pieces I think have a good chance of making 70. Do it with each denomination and then take the leftovers I don't send in and assemble as many complete sets as possibly and blow those out as well.[/QUOTE]</p><p><br /></p>
[QUOTE="Conder101, post: 1497055, member: 66"]OK say I'm an authorized TPG submission dealer. I buy 1000 2012 proof sets. Look them over and pull say 300 that I think have a good chance of getting PF-70. I send them in as a bulk submission and as long as say 70 of them actually get 70 I can get the whole batch slabbed for $8 a coin or $2400 total. If I get my 70 70's I sell them off at $50 each and I make $3500. I have $1100 profit and 230 slabbed PF 68 and 69 coins that I blow out for $5 each. Even after selling all of them at $3 apiece LESS than my slabbing cost I still come out of the deal with a Gross profit of $2250. And I still have 700 2012 proof sets and 300 sets wher I can sell of the singles. And in fact I can do the same thing with the other denominations sending in bulk submissions of pieces I think have a good chance of making 70. Do it with each denomination and then take the leftovers I don't send in and assemble as many complete sets as possibly and blow those out as well.[/QUOTE]
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