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<p>[QUOTE="Conder101, post: 1863458, member: 66"]It depends on the show. Personally I feel that the larger the show the more likely the dealers are to bump their prices. That is because their costs rise dramatically. there is more competition and so they feel they need more haggle room.</p><p><br /></p><p>At a small local show the table fees are low, the dealers may not even have hotel expenses etc. The increased overhead is minor and there will be more potential customers so there is no reason to boost prices. But with a major show the fees can be high, the show hotel rates are high, food costs are high, often they will need to pay the expenses of assistants. For a major show a dealer can be looking at $7 - $10K in expenses before he sells his first coin. And if you have an average 15% markup that means having to sell over $47K dollars worth of coins at the show just to break even, no profit. but if you can boost your mark up some it you have to sell a smaller amount of coins to reach that break even point.[/QUOTE]</p><p><br /></p>
[QUOTE="Conder101, post: 1863458, member: 66"]It depends on the show. Personally I feel that the larger the show the more likely the dealers are to bump their prices. That is because their costs rise dramatically. there is more competition and so they feel they need more haggle room. At a small local show the table fees are low, the dealers may not even have hotel expenses etc. The increased overhead is minor and there will be more potential customers so there is no reason to boost prices. But with a major show the fees can be high, the show hotel rates are high, food costs are high, often they will need to pay the expenses of assistants. For a major show a dealer can be looking at $7 - $10K in expenses before he sells his first coin. And if you have an average 15% markup that means having to sell over $47K dollars worth of coins at the show just to break even, no profit. but if you can boost your mark up some it you have to sell a smaller amount of coins to reach that break even point.[/QUOTE]
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