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<p>[QUOTE="Andrew McCabe, post: 3560997, member: 90666"]Over the long run, well-bought coins at auctions typically come in at 20-30% less than the cost of well-bought coins at online retailers. I have long records of both. My cheapest sources of supply are however other collectors, with whom I often trade on an "at cost" basis thus eliminating commissions, and smaller not-online dealers at shows who may have bought direct from collectors or from obscure and under-priced auctions. Consistently my most expensively bought coins are those from online retailers such as on VCoins. I almost always take a big loss when reselling such. One needs a mix of sources of supply to keep one's edge, and so that one has comparative data to know what a good price is. If I didn't buy from all four of auctions / retail / collectors / shows, then I wouldn't know what I've just written. Sometimes I DO buy online retail because someone has something special one needs. Then one needs to pay the price.[/QUOTE]</p><p><br /></p>
[QUOTE="Andrew McCabe, post: 3560997, member: 90666"]Over the long run, well-bought coins at auctions typically come in at 20-30% less than the cost of well-bought coins at online retailers. I have long records of both. My cheapest sources of supply are however other collectors, with whom I often trade on an "at cost" basis thus eliminating commissions, and smaller not-online dealers at shows who may have bought direct from collectors or from obscure and under-priced auctions. Consistently my most expensively bought coins are those from online retailers such as on VCoins. I almost always take a big loss when reselling such. One needs a mix of sources of supply to keep one's edge, and so that one has comparative data to know what a good price is. If I didn't buy from all four of auctions / retail / collectors / shows, then I wouldn't know what I've just written. Sometimes I DO buy online retail because someone has something special one needs. Then one needs to pay the price.[/QUOTE]
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