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Dealer Buys GSA CCs as Common BU CCs Problem?
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<p>[QUOTE="mark_h, post: 1827143, member: 3726"]Topic comes up over and over. I think Tom and Doug covered it best. I know the last time I sold a batch of graded coins to the local shop I purchased a grey sheet before selling. I priced the coins on grey sheet bid prices - these were nice coins. I was off by like $20 on the total - I know they buy based off grey sheet. They turned around the same day they bought them and listed them on ebay. I saw them that night. I was surprised at the prices realized - a couple only sold for $30 to $40 more than they paid(before ebay fees). Overall they did fine - I would not call them dishonest at all. Another thing is dealer, like my local shop, do not buy based off variety - but if they research and find one they will sell based off that variety. There is always an opportunity to cherry pick them.[/QUOTE]</p><p><br /></p>
[QUOTE="mark_h, post: 1827143, member: 3726"]Topic comes up over and over. I think Tom and Doug covered it best. I know the last time I sold a batch of graded coins to the local shop I purchased a grey sheet before selling. I priced the coins on grey sheet bid prices - these were nice coins. I was off by like $20 on the total - I know they buy based off grey sheet. They turned around the same day they bought them and listed them on ebay. I saw them that night. I was surprised at the prices realized - a couple only sold for $30 to $40 more than they paid(before ebay fees). Overall they did fine - I would not call them dishonest at all. Another thing is dealer, like my local shop, do not buy based off variety - but if they research and find one they will sell based off that variety. There is always an opportunity to cherry pick them.[/QUOTE]
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Dealer Buys GSA CCs as Common BU CCs Problem?
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