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<p>[QUOTE="OldGoldGuy, post: 2027025, member: 72697"]Forgive me as I am learning this site and I do not know how to multi-quote because I do want to address some of the other points you made. Let me also preface this with the idea that on the vast majority of your posts I have read, I tend to agree with you to a "T".</p><p><br /></p><p>So first, the quote I quoted above. My partner and I sell <u>at least</u> one monster box per week, either by individual piece, tube or multiple tubes at a time, for $1-$2.50 over spot at one of the 3 local coin shows. Tubes go for spot+$1.50, individuals go for spot+$2.50, quantities of 5 tubes or more we sell for spot+$1.25. And we do this at a coin show, between the hours of 9am-2pm. 500 or 1000 ounces in 5 hours. Sometimes we will get a call Friday or Saturday from a dealer who needs 10-12 rolls, and we do them for spot+$1 because it justifies a second box. Our clients are other dealers or the general public. I watch dealers buy 5 tubes, walk back to their table, then mark them up to $3-4 over spot. One monster box covers our show costs, our time, etc. We do more volume than anyone else I know there, at any of the 3 shows we regularly attend. We don't nickel and dime anyone. We don't rip people off (obviously). Our theory is that if we have the best price, everyone will come to us first. We even noticed certain dealers and collectors coming early and asking us as we are walking in if they can reserve "x" tubes, pieces, etc. So I wouldn't say it is impossible to get eagles at $1 over spot. Not a big deal, just offering the readers a real life example of how this does in fact happen. The funny part is, we don't even really consider ourselves bullion guys, it just happened organically. </p><p><br /></p><p>Second, about this moderator. I have been a member for a week or so. I have been reading this forum for 2-3 years at least. I confidently said above regarding your opinions that I generally do agree with you and I meant it. As far as this moderators opinions go, I will say this and leave it at this; any and every one would agree that seeing a coin in person is the best and favored method of grading, inspecting and/or learning about a coin. I cannot possibly imagine an argument against it. Physical, in person inspection. Best method. Period. Perhaps I need to re-read this particular conversation that I believe we are both referencing, as I may have misinterpreted it. With that said, I do not believe arguing against this moderators opinions goes without punishment. Whether it is the commonly utilized parenting technique of "because I said so" or the "just try me" face he enforces, I bet I am already treading on thin ice by being so new and voicing this as such. I do not know where the part about "needing to go to a coin show to become an educated numismatist" came from, maybe this was all in the "in-person inspection" vein. I will say this. I personally know someone with Aspergers (a social anxiety disease) that NEVER goes to coin shows. This man shops through people, or online. He is the FIRST person I would go to if I had a question on a coin that is of a type he is knowledgeable about. And he is young too. </p><p><br /></p><p>So maybe I will summarize with this. Physically touching and inspecting a coin is the best method to familiarize oneself with a coin. It is the preferred method. However, given the year we find ourselves in (2014), the level of technology we enjoy, I believe people can become extremely knowledgeable about coins, types, etc, without attending coin shows or going to a LCS, and further, can build an impressive collection buying digitally. Is it possible to cut a road through a mountain with only a spoon? Sure. But it will save you a whole heck of a lot of time to use a little dynamite and a bobcat. What really matters, and I already know you agree with me on this, is enjoying oneself, and knowing if one is collecting because they are a collector, or making smart purchases as investments (lets not get into a coins as an investment convo, as this is almost as racy as politics around here).</p><p><br /></p><p>I hope you take my reply as just that, my reply and do not take offense to any part of it. It was not written with that intent.[/QUOTE]</p><p><br /></p>
[QUOTE="OldGoldGuy, post: 2027025, member: 72697"]Forgive me as I am learning this site and I do not know how to multi-quote because I do want to address some of the other points you made. Let me also preface this with the idea that on the vast majority of your posts I have read, I tend to agree with you to a "T". So first, the quote I quoted above. My partner and I sell [U]at least[/U] one monster box per week, either by individual piece, tube or multiple tubes at a time, for $1-$2.50 over spot at one of the 3 local coin shows. Tubes go for spot+$1.50, individuals go for spot+$2.50, quantities of 5 tubes or more we sell for spot+$1.25. And we do this at a coin show, between the hours of 9am-2pm. 500 or 1000 ounces in 5 hours. Sometimes we will get a call Friday or Saturday from a dealer who needs 10-12 rolls, and we do them for spot+$1 because it justifies a second box. Our clients are other dealers or the general public. I watch dealers buy 5 tubes, walk back to their table, then mark them up to $3-4 over spot. One monster box covers our show costs, our time, etc. We do more volume than anyone else I know there, at any of the 3 shows we regularly attend. We don't nickel and dime anyone. We don't rip people off (obviously). Our theory is that if we have the best price, everyone will come to us first. We even noticed certain dealers and collectors coming early and asking us as we are walking in if they can reserve "x" tubes, pieces, etc. So I wouldn't say it is impossible to get eagles at $1 over spot. Not a big deal, just offering the readers a real life example of how this does in fact happen. The funny part is, we don't even really consider ourselves bullion guys, it just happened organically. Second, about this moderator. I have been a member for a week or so. I have been reading this forum for 2-3 years at least. I confidently said above regarding your opinions that I generally do agree with you and I meant it. As far as this moderators opinions go, I will say this and leave it at this; any and every one would agree that seeing a coin in person is the best and favored method of grading, inspecting and/or learning about a coin. I cannot possibly imagine an argument against it. Physical, in person inspection. Best method. Period. Perhaps I need to re-read this particular conversation that I believe we are both referencing, as I may have misinterpreted it. With that said, I do not believe arguing against this moderators opinions goes without punishment. Whether it is the commonly utilized parenting technique of "because I said so" or the "just try me" face he enforces, I bet I am already treading on thin ice by being so new and voicing this as such. I do not know where the part about "needing to go to a coin show to become an educated numismatist" came from, maybe this was all in the "in-person inspection" vein. I will say this. I personally know someone with Aspergers (a social anxiety disease) that NEVER goes to coin shows. This man shops through people, or online. He is the FIRST person I would go to if I had a question on a coin that is of a type he is knowledgeable about. And he is young too. So maybe I will summarize with this. Physically touching and inspecting a coin is the best method to familiarize oneself with a coin. It is the preferred method. However, given the year we find ourselves in (2014), the level of technology we enjoy, I believe people can become extremely knowledgeable about coins, types, etc, without attending coin shows or going to a LCS, and further, can build an impressive collection buying digitally. Is it possible to cut a road through a mountain with only a spoon? Sure. But it will save you a whole heck of a lot of time to use a little dynamite and a bobcat. What really matters, and I already know you agree with me on this, is enjoying oneself, and knowing if one is collecting because they are a collector, or making smart purchases as investments (lets not get into a coins as an investment convo, as this is almost as racy as politics around here). I hope you take my reply as just that, my reply and do not take offense to any part of it. It was not written with that intent.[/QUOTE]
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