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<p>[QUOTE=&quot;zumbly, post: 2915903, member: 57495&quot;]To me, it seems like a tough business for the average dealer, and much closer to an art than a science.&nbsp; </p><p><br /></p><p>A 400% markup on a coin may actually bring a bargain the dealer scored to just a slightly over-priced offering (to allow for customers to bargain him down a little).&nbsp; A $800 price tag on coin that cost a dealer $600 may simply indicate a realisation that he had overpaid for the coin. </p><p><br /></p><p>I recently bought three coins from a dealer that cost me $140 each on average.&nbsp; They all came from a large group lot that cost him $55 per coin.&nbsp; So, he made a nice profit on some coins that I felt I paid a fair price on.&nbsp; On the other hand, many from that lot he may come closer to just breaking even on when he eventually sells them, and perhaps he may even lose a little on some after accounting for costs.&nbsp; In the meantime, it&#039;s coming to a year since he bought them, and two-thirds of the coins from that lot he has yet to sell.&nbsp; It sure doesn&#039;t sound like the type of business I&#039;d like to be counting on to pay the bills![/QUOTE]</p><p><br /></p>

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