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<p>[QUOTE=&quot;The Penny Lady®, post: 751564, member: 16948&quot;]I discovered this article by Susan Headley at About.com and thought it was really helpful and could be useful, especially to newer collectors.&nbsp; It outlines the differences between wholesale and retail coin dealers, how they figure out what prices to offer when presented with coins from collectors, why some dealers offer more than others, the difference between wholesale and retail coin prices, dealer profit margins, and also gives some great advice on selling collections to dealers.&nbsp; </p><p><br /></p><p>Here&#039;s a sampling:</p><p><br /></p><p><font face="Arial Narrow">People who sell their coins to coin dealers often feel they have been given short shrift. The dealer might stir his finger around a box or jar of coins for a minute or two (if that long) and then make an offer that seems too low. Even worse are the cases where the dealer opens up the blue Whitman folders, takes a quick glance, and then offers $9 for the whole collection. How can he know what the coins are worth if he doesn&#039;t even look at each one first? Is he trying to rip me off? </font></p><p><br /></p><p>Any way, I think this article is well worth checking out, hope you think so too!</p><p><br /></p><p><a href="http://coins.about.com/od/coinbuyingadvice/a/coin_secrets.htm?nl=1" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://coins.about.com/od/coinbuyingadvice/a/coin_secrets.htm?nl=1" rel="nofollow">http://coins.about.com/od/coinbuyingadvice/a/coin_secrets.htm?nl=1</a>[/QUOTE]</p><p><br /></p>

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