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<p>[QUOTE="Mark Feld, post: 342665, member: 11467"]It depends upon the dealer, the type of coin and whether the dealer bought the coin cheaply or not, among other factors.</p><p> </p><p>For example, some dealers typically work on much smaller (or larger) mark-ups than others. And certain coins, such as generic gold type coins often trade at smaller margins than other more esoteric and/or less frequently traded and/or rarer coins. Also, if a dealer buys a coin cheaply he might justifiably mark it up more than if he had to stretch to buy it.</p><p> </p><p>The (edited for spelling) important thing for a collector shouldn't be the dealer's mark-up, but rather, whether the collector is getting the coin at a reasonable price or not. One dealer might mark up his coin by only 10%, but if he paid too much for it, the price could be higher than from another dealer who bought the same coin at a low price and marked it up 20%.[/QUOTE]</p><p><br /></p>
[QUOTE="Mark Feld, post: 342665, member: 11467"]It depends upon the dealer, the type of coin and whether the dealer bought the coin cheaply or not, among other factors. For example, some dealers typically work on much smaller (or larger) mark-ups than others. And certain coins, such as generic gold type coins often trade at smaller margins than other more esoteric and/or less frequently traded and/or rarer coins. Also, if a dealer buys a coin cheaply he might justifiably mark it up more than if he had to stretch to buy it. The (edited for spelling) important thing for a collector shouldn't be the dealer's mark-up, but rather, whether the collector is getting the coin at a reasonable price or not. One dealer might mark up his coin by only 10%, but if he paid too much for it, the price could be higher than from another dealer who bought the same coin at a low price and marked it up 20%.[/QUOTE]
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