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Dealer mark up is 12.5% - Let me post my new purchase
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<p>[QUOTE="Collect89, post: 648390, member: 15445"]<font face="Times New Roman"><font size="3">I met this dealer about 5-years ago & I have probably bought 1 or 2 nice coins from him every year. I never knew for certain, but I’ve just had the feeling that he was treating me fairly. This last weekend, I bought this nice error coin from the guy. I remembered seeing the coin somewhere before so I searched a couple auction site archives and found it. Based upon the realized auction price plus commission & postage, I calculate that my friendly dealer only marked it up 12.5% when he re-sold it to me. <u>On this coin</u> he made 12.5% on his money in one month and I feel good buying coins from an individual like this. Other than rounding off to the nearest $10, there is never much to negotiate with this guy.</font></font></p><p><br /></p><p><font face="Times New Roman"><font size="3">I just have the feeling that many of the coins I am offered elsewhere have been marked-up 50% to 100% or more. I get this feeling because there always seems to be some room for negotiation. What mark-up do you think you paid on your last coin purchase?</font></font></p><p><br /></p><p><font face="Times New Roman"><font size="3">Very best regards,</font></font></p><p><font face="Times New Roman"><font size="3">collect89</font></font>[/QUOTE]</p><p><br /></p>
[QUOTE="Collect89, post: 648390, member: 15445"][FONT=Times New Roman][SIZE=3]I met this dealer about 5-years ago & I have probably bought 1 or 2 nice coins from him every year. I never knew for certain, but I’ve just had the feeling that he was treating me fairly. This last weekend, I bought this nice error coin from the guy. I remembered seeing the coin somewhere before so I searched a couple auction site archives and found it. Based upon the realized auction price plus commission & postage, I calculate that my friendly dealer only marked it up 12.5% when he re-sold it to me. [U]On this coin[/U] he made 12.5% on his money in one month and I feel good buying coins from an individual like this. Other than rounding off to the nearest $10, there is never much to negotiate with this guy.[/SIZE][/FONT] [FONT=Times New Roman][SIZE=3] [/SIZE][/FONT] [FONT=Times New Roman][SIZE=3]I just have the feeling that many of the coins I am offered elsewhere have been marked-up 50% to 100% or more. I get this feeling because there always seems to be some room for negotiation. What mark-up do you think you paid on your last coin purchase?[/SIZE][/FONT] [FONT=Times New Roman][SIZE=3] [/SIZE][/FONT] [FONT=Times New Roman][SIZE=3]Very best regards,[/SIZE][/FONT] [FONT=Times New Roman][SIZE=3]collect89[/SIZE][/FONT][/QUOTE]
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Dealer mark up is 12.5% - Let me post my new purchase
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