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<p>[QUOTE="coleguy, post: 868518, member: 9167"]Frankly, the spread between wholesale and retail (bid and ask) is not usually that much different. In my friends shops I see them all day long buy and sell at less than 10%. Maybe for smaller items the spread is greater. Most times if a dealer pays say $1800 for a coin, they'll more than likely sell at 1950 to 2000. A $200 profit multiplied by say 200 transactions daily adds up nice.</p><p>Guy~[/QUOTE]</p><p><br /></p>
[QUOTE="coleguy, post: 868518, member: 9167"]Frankly, the spread between wholesale and retail (bid and ask) is not usually that much different. In my friends shops I see them all day long buy and sell at less than 10%. Maybe for smaller items the spread is greater. Most times if a dealer pays say $1800 for a coin, they'll more than likely sell at 1950 to 2000. A $200 profit multiplied by say 200 transactions daily adds up nice. Guy~[/QUOTE]
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