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If a Dealer can sell a coin for $100 what should he pay?
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<p>[QUOTE="10gary22, post: 998374, member: 23626"]Sure. Perhaps he was wondering what the typical Grey Sheet pricing was for a typical retail of $100 ?</p><p> </p><p>I know we got away from that a bit, but I think mainly because dealers won't pay the sheet price if they think the seller doesn't know how much it is.</p><p> </p><p>When we discussed buyer "ethics" about Cherrypicking a good coin from a Dealer's stock. It should be brought up that a dealer is supposed to be fully aware of his inventory, just like any other retailer. If a dealer offers a discount, just like others have sales, the buyer can benefit. The problem lies in that Dealers with the exception of some who trade in PMs don't post a "buy price". I mean even autos have the Blue Book value as a guide that dealers use. Coins have the guides, but I don't think they are used that much, or certainly not shared with anyone wishing to sell a coin. And that is what I think steers many away from the hobby/investment ?</p><p> </p><p>Just a thought,</p><p> </p><p>gary[/QUOTE]</p><p><br /></p>
[QUOTE="10gary22, post: 998374, member: 23626"]Sure. Perhaps he was wondering what the typical Grey Sheet pricing was for a typical retail of $100 ? I know we got away from that a bit, but I think mainly because dealers won't pay the sheet price if they think the seller doesn't know how much it is. When we discussed buyer "ethics" about Cherrypicking a good coin from a Dealer's stock. It should be brought up that a dealer is supposed to be fully aware of his inventory, just like any other retailer. If a dealer offers a discount, just like others have sales, the buyer can benefit. The problem lies in that Dealers with the exception of some who trade in PMs don't post a "buy price". I mean even autos have the Blue Book value as a guide that dealers use. Coins have the guides, but I don't think they are used that much, or certainly not shared with anyone wishing to sell a coin. And that is what I think steers many away from the hobby/investment ? Just a thought, gary[/QUOTE]
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