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<p>[QUOTE=&quot;Bob Evancho, post: 7770810, member: 84595&quot;]This thread sounds like a collector wanting to buy from a dealer.&nbsp; It is different when a collector or inheritor&nbsp; wants to sell to a dealer if the seller doesn&#039;t sell on etsy or eBay or Facebook marketplace or other venues.&nbsp; In my area, the coin dealers first pull out the grey sheet.&nbsp; Then they show the seller the bid price in whatever grade the coin may be.&nbsp; The dealer then tells the seller they buy for 10 to 20% behind grey sheet bid which is their profit margin if they had to sell immediately at bid.&nbsp; Some smarter dealers will pull out an old grey sheet which shows the price percentage a dealer pays for a coin based on eye appeal.&nbsp; </p><p>&nbsp;&nbsp; &nbsp; Example: From the May 8, 2015 CDN.&nbsp; PCGS 64.23%, 91.25%, Average 81.51%.</p><p>There was a CDN Certified Coin Market Indicator for PCGS, NGC, ANACS, ICG, PCI, SEGS, NCI and INS.&nbsp; I&#039;m sure you older guys and dealers remember this.</p><p>Most of the dealers in this area sell at CDN Bid to their collector customers.&nbsp; Rare coins have a closer buy due to demand.&nbsp; And 100% of CDN or a percentage higher sale price if the coin is in tremendous demand.&nbsp; </p><p>&nbsp;&nbsp; &nbsp; If your dealer prices a coin $250 higher than retail market ( Example: PCGS or NGC price guide) and then says he paid more for it, I would doubt his truthfulness.&nbsp; Study all the books you can and make your offers within reason and if a deal cannot be negotiated, walk away, don&#039;t overpay.[/QUOTE]</p><p><br /></p>

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