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<p>[QUOTE="gboulton, post: 1377675, member: 27043"]I don't think anyone has suggested they "deserve to buy wholesale", BB4C...</p><p><br /></p><p>Indeed, I think most of us who haggle honor and respect the idea that the dealer has significant overhead and risk involved that warrant his ability to purchase coins at prices lower than we, as collectors can.</p><p><br /></p><p>Put another way...if I want to pay, say, grey sheet bid for a coin, I absolutely have that right. All i need to do is amass a sizeable stock, open a shop, advertise my business, pay employees, attract and keep customers, spend every waking hour running down good buying opportunities, manage my inventory, manage my accounting and books, learn to grade well, develop an expert's knowledge in all manner of types and varieties, and follow all applicable local, state, and federal laws regarding the exchange and reporting of bullion, collectible, and currency trades and sales.</p><p><br /></p><p>WHEW!</p><p><br /></p><p>And I said above, and again I think hagglers agree...we absolutely recognize the dealer's right to MAKE a profit.</p><p><br /></p><p>What I don't recognize is a dealer's right to DICTATE the market. The mere fact the dealer exists and has Coin X doesn't mean he gets to determine, by edict, that the coin is worth $1000.</p><p><br /></p><p>He can ASK $1000 all he wants. And there's nothing wrong with him asking $1000 EVEN if he paid $100 for it. If he thinks he can make a 900% profit on a coin, by all means, more power to him.</p><p><br /></p><p>He doesn't, however, get to grab a passer buy, and say "This coin is $1000. Buy it." and have it happen by his mere whim.</p><p><br /></p><p>Perhaps the demand for the coin is high enough, and the coin is indeed rare enough, that some buyer considers the coin worth $1000. Great!</p><p><br /></p><p>But <b>I</b> still get to decide if it's worth it to <b>me</b>. Does that mean I feel i have the right to haggle each and every coin? Absolutely I do! I have <b>every</b> right to tell that dealer I don't wish to pay $1000 for that coin...and he has every right to tell me to go pound sand, and find another buyer.</p><p><br /></p><p>If he does, that doesn't even mean I was "wrong". Maybe I recognize the scarcity of the coin, and recognize that the market will indeed bear a $1000 price tag. So be it. That doesn't mean the coin has that value to <b>me</b>.</p><p><br /></p><p>There's no moral or ethical basis to dictate to me I must purchase the coin at any given price. There's no moral or ethical basis to dictate the seller must sell it at any given price.</p><p><br /></p><p>I absolutely have the <b>right</b>, however, to offer what I am willing to pay, and walk away if the coin isn't for sale at that price, regardless of whether that's "retail" or not.[/QUOTE]</p><p><br /></p>
[QUOTE="gboulton, post: 1377675, member: 27043"]I don't think anyone has suggested they "deserve to buy wholesale", BB4C... Indeed, I think most of us who haggle honor and respect the idea that the dealer has significant overhead and risk involved that warrant his ability to purchase coins at prices lower than we, as collectors can. Put another way...if I want to pay, say, grey sheet bid for a coin, I absolutely have that right. All i need to do is amass a sizeable stock, open a shop, advertise my business, pay employees, attract and keep customers, spend every waking hour running down good buying opportunities, manage my inventory, manage my accounting and books, learn to grade well, develop an expert's knowledge in all manner of types and varieties, and follow all applicable local, state, and federal laws regarding the exchange and reporting of bullion, collectible, and currency trades and sales. WHEW! And I said above, and again I think hagglers agree...we absolutely recognize the dealer's right to MAKE a profit. What I don't recognize is a dealer's right to DICTATE the market. The mere fact the dealer exists and has Coin X doesn't mean he gets to determine, by edict, that the coin is worth $1000. He can ASK $1000 all he wants. And there's nothing wrong with him asking $1000 EVEN if he paid $100 for it. If he thinks he can make a 900% profit on a coin, by all means, more power to him. He doesn't, however, get to grab a passer buy, and say "This coin is $1000. Buy it." and have it happen by his mere whim. Perhaps the demand for the coin is high enough, and the coin is indeed rare enough, that some buyer considers the coin worth $1000. Great! But [B]I[/B] still get to decide if it's worth it to [B]me[/B]. Does that mean I feel i have the right to haggle each and every coin? Absolutely I do! I have [B]every[/B] right to tell that dealer I don't wish to pay $1000 for that coin...and he has every right to tell me to go pound sand, and find another buyer. If he does, that doesn't even mean I was "wrong". Maybe I recognize the scarcity of the coin, and recognize that the market will indeed bear a $1000 price tag. So be it. That doesn't mean the coin has that value to [B]me[/B]. There's no moral or ethical basis to dictate to me I must purchase the coin at any given price. There's no moral or ethical basis to dictate the seller must sell it at any given price. I absolutely have the [B]right[/B], however, to offer what I am willing to pay, and walk away if the coin isn't for sale at that price, regardless of whether that's "retail" or not.[/QUOTE]
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