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<p>[QUOTE="Vess1, post: 739693, member: 13650"]And that's a big part of making the profit. Taking advantage of ignorant people. Which essentially removes wealth from families. The same as what the big banks do. People still ask for more credit cards too don't they?</p><p> Which is fine I suppose. It's the responsibility of the collector to document what they have. A fool and his money, you know?</p><p> </p><p> While I'm the last person who wants to defend the incompetent masses, who are too lazy to read concerning anything in their lives, it's hard to say, "YAY! for the dealers." I suppose they do earn some of it for spending all the money and taking the risk to be in the position to take advantage of the deal.... </p><p> </p><p> The problem with coin dealers is that second word in their title. How many people here love car 'dealers'? Do you have a favorite one? When every time you go there, what you own is junk and what they have is pure gold?</p><p> It's hard to go to a car dealer and enjoy that experience. Being offered $4k for your trade in when they plan on turning around and selling your vehicle for $8500. Having to fight for every penny. Almost no difference here. </p><p> </p><p> Regardless of how much profit anybody thinks they're 'entitled to' for owning a business, 100% profits or much more at the consumer's expense (and don't say it doesn't happen regularly) is going to leave a bad taste in people's mouths. Why should that be a surprise? Whether it was fair or unfair. Be it on purpose or by accident. </p><p> </p><p> I guess you can't worry about every little thing but I don't even want to get into grading and what's been cleaned or not. In my experience anyway.</p><p> <font size="4">Although I'll admit, complete blanket statments concerning this, (some that I have made), have been unfair. </font></p><p><font size="2"> It's impossible to come up with a hard, factual number of how many bad dealers are out there or to what extent one would be defined. They've done good. They've done bad. </font></p><p><font size="2"> So have the big banks in this country. But people don't have a love affair with them over the good they've done. </font>[/QUOTE]</p><p><br /></p>
[QUOTE="Vess1, post: 739693, member: 13650"]And that's a big part of making the profit. Taking advantage of ignorant people. Which essentially removes wealth from families. The same as what the big banks do. People still ask for more credit cards too don't they? Which is fine I suppose. It's the responsibility of the collector to document what they have. A fool and his money, you know? While I'm the last person who wants to defend the incompetent masses, who are too lazy to read concerning anything in their lives, it's hard to say, "YAY! for the dealers." I suppose they do earn some of it for spending all the money and taking the risk to be in the position to take advantage of the deal.... The problem with coin dealers is that second word in their title. How many people here love car 'dealers'? Do you have a favorite one? When every time you go there, what you own is junk and what they have is pure gold? It's hard to go to a car dealer and enjoy that experience. Being offered $4k for your trade in when they plan on turning around and selling your vehicle for $8500. Having to fight for every penny. Almost no difference here. Regardless of how much profit anybody thinks they're 'entitled to' for owning a business, 100% profits or much more at the consumer's expense (and don't say it doesn't happen regularly) is going to leave a bad taste in people's mouths. Why should that be a surprise? Whether it was fair or unfair. Be it on purpose or by accident. I guess you can't worry about every little thing but I don't even want to get into grading and what's been cleaned or not. In my experience anyway. [SIZE=4]Although I'll admit, complete blanket statments concerning this, (some that I have made), have been unfair. [/SIZE] [SIZE=2] It's impossible to come up with a hard, factual number of how many bad dealers are out there or to what extent one would be defined. They've done good. They've done bad. [/SIZE] [SIZE=2] So have the big banks in this country. But people don't have a love affair with them over the good they've done. [/SIZE][/QUOTE]
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