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<p>[QUOTE=&quot;IdesOfMarch01, post: 2261764, member: 39084&quot;]I&#039;m pretty certain that dealers who purchase at auctions (at least, at the same auctions at which I buy my coins) do NOT get a break on the buyer&#039;s premium.&nbsp; Since I bid only through my dealer, he&#039;s the one actually purchasing the coin and I pay the full premium.&nbsp; </p><p><br /></p><p>I do think, however, that many auction houses &quot;participate&quot; with dealers who bring in customers and will pay those dealers a small portion of the buyer&#039;s premium.&nbsp; So pretty much the same result.&nbsp; I have no problem with this since dealers need to make a profit and I pay my own dealer a very small direct commission that has to be supplemented by the auction house. </p><p><br /></p><p>In the coins cited above, it&#039;s clear that the dealer&#039;s markup from the auction price represents some negotiating room for those potential collectors savvy enough to bargain with the dealers.&nbsp; So the lesson here is to ALWAYS bargain with a dealer.[/QUOTE]</p><p><br /></p>

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