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<p>[QUOTE=&quot;Hobo, post: 648559, member: 11521&quot;]What does it matter what percentage over cost a dealer marks up his coins? It&#039;s the current value of the coin that should matter. What if the dealer overpaid for his coin. Should he still mark it up 20%? Would that be a good deal for you? What if he overpaid and &quot;only&quot; marked it up 5% but that price was still much higher than current retail value for that coin. Would that be a good deal for you?</p><p>&nbsp;</p><p>Likewise, what if the dealer made a great purchase and got the coin for half of what he would normally pay. (Assume he bought it at auction.) Should he only mark it up 20% or should he price it at a fair retail price?</p><p>&nbsp;</p><p>To make an analogy . . . Suppose you find a $20 bill on the sidewalk. Your cost for the $20 bill is zero. Shouldn&#039;t you sell me the $20 bill for $2.50? Afterall, a $2.50 profit on a zero investment is pretty good. In other words, should your good fortune in a purchase (or a find) mean that you are obligated to sell an item for less than it is really worth?[/QUOTE]</p><p><br /></p>

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