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<p>[QUOTE="MK Ultra, post: 8290157, member: 108322"]Daniel from CoinHelpU on youtube occasionally posts dealer to dealer transactions both ways. Not being intimately familiar with some of the aspects of being a coin dealer, I suspect they know what they can sell and can't sell, and what level of velocity they want. </p><p><br /></p><p> - They have an established loyal customer that wants that 1921 D, they find one and maybe they're only making $X, but the wholesaler gets cash flow and hopefully makes $ too.</p><p><br /></p><p> - The wholesaler is a weekend warrior, doesn't know what they're doing, needs money for some emergency, or retiring and wants to move bulk amounts.</p><p><br /></p><p> - The 'sale' is really a trade, and both dealers get product they think they can move.</p><p><br /></p><p>Dealing baseball cards in the late 1980s, Rich Altman would come by everyones table and flash cash and buy out stuff. The promoter that I worked for had me set up one weekend and gave me boxes of 1990 upper deck football that he got before anyone else. He didn't want to have to deal with Rich directly, so he forced me to do it. I also had a 1984 USFL set that I had bought at a store for cheap, another dealer bought it because they felt it was going to appreciate more. But I had put it out at other shows and nobody bought it.[/QUOTE]</p><p><br /></p>
[QUOTE="MK Ultra, post: 8290157, member: 108322"]Daniel from CoinHelpU on youtube occasionally posts dealer to dealer transactions both ways. Not being intimately familiar with some of the aspects of being a coin dealer, I suspect they know what they can sell and can't sell, and what level of velocity they want. - They have an established loyal customer that wants that 1921 D, they find one and maybe they're only making $X, but the wholesaler gets cash flow and hopefully makes $ too. - The wholesaler is a weekend warrior, doesn't know what they're doing, needs money for some emergency, or retiring and wants to move bulk amounts. - The 'sale' is really a trade, and both dealers get product they think they can move. Dealing baseball cards in the late 1980s, Rich Altman would come by everyones table and flash cash and buy out stuff. The promoter that I worked for had me set up one weekend and gave me boxes of 1990 upper deck football that he got before anyone else. He didn't want to have to deal with Rich directly, so he forced me to do it. I also had a 1984 USFL set that I had bought at a store for cheap, another dealer bought it because they felt it was going to appreciate more. But I had put it out at other shows and nobody bought it.[/QUOTE]
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