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<p>[QUOTE=&quot;GDJMSP, post: 3079333, member: 112&quot;]Asking is the best way to find out. But you also have to ask the dealers themselves. And, the power of observation - use your eyes and head. For example, you see a given coin in an auction, and 2 days after the auction you see the very same coin offered on a dealer&#039;s website. It then becomes pretty obvious that dealer bought it in the auction. And if you watch coins, you&#039;ll see that a lot !</p><p><br /></p><p>You can also read the various forums, dealers will talk about their new pickups all the time, even post pics of them. And when those coins were in an auction that just closed 2 or 3 days ago - it also becomes obvious. </p><p><br /></p><p>And Heritage - you ever watch realized prices on Heritage ? They&#039;ll have a big auction, and when you check realized prices a day or two after the auction you&#039;ll see all these notices on the coins - Make Offer To Owner - or however they word it. Well, most, I&#039;d say the vast majority, of them are dealers. Very few collectors buy a coin at auction and then put it back up for sale the next day.</p><p><br /></p><p>One last thing, read the dealer&#039;s websites, their newsletters, price lists, and announcements they send out all the time. They talk about all the coins they won at recent auctions - and do it on a regular basis. </p><p><br /></p><p>All of these things, and more, tell you that dealers do most, the majority, of the buying at auctions.[/QUOTE]</p><p><br /></p>

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