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<p>[QUOTE=&quot;Shortgapbob, post: 371628, member: 6088&quot;]I can basically go along with what the others said.&nbsp; Markups do vary, depending on the type of material, the popularity, the present marketplace, etc.&nbsp; Markups for generic gold and silver are often a few percent at most.&nbsp; Markups for high end coins may only be about 10%.&nbsp; Some lower priced material will often have higher margins, but lower profits.&nbsp; For example, buying a coin for $2 and selling it for $4 is a double up in profit, but in the amount of only $2.&nbsp; One may buy a coin for $10,000 and sell it for $11,000 and make only 10% on the coin.&nbsp; However they made $1,000 in profit.&nbsp; </p><p>&nbsp;</p><p>The amount of overhead a dealer has and the volum of business they do also play a significant roll into what margins they can sucessfully operate a business on.[/QUOTE]</p><p><br /></p>

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