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Is "downgrading" by a potential buyer a common problem?
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<p>[QUOTE="ccarroll, post: 2154902, member: 34167"]I'm just a poor humble newbie <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie8" alt=":D" unselectable="on" unselectable="on" /> trying to sell a few coins, and have been making inquiries and seeing a few dealers.</p><p><br /></p><p>In particular, I was shopping around a 1900 Austrian four-ducat coin, and two reputable dealers in New York, when I asked how they'd classify it, told me the condition was "very fine." I made a clumsy attempt to post a not-very-good picture here, and got a comment that it looked better than that.</p><p><br /></p><p>So I went to a third place, and this time I just said, "I was told that the condition would be extremely fine - is that about right?" And person said, oh, yes, or maybe even a little better.</p><p><br /></p><p>I'm left wondering: Is it common that when a dealer is also a potential buyer, that he's likely to downplay the condition because he's figuring on offering a lower price? This was very disconcerting.[/QUOTE]</p><p><br /></p>
[QUOTE="ccarroll, post: 2154902, member: 34167"]I'm just a poor humble newbie :D trying to sell a few coins, and have been making inquiries and seeing a few dealers. In particular, I was shopping around a 1900 Austrian four-ducat coin, and two reputable dealers in New York, when I asked how they'd classify it, told me the condition was "very fine." I made a clumsy attempt to post a not-very-good picture here, and got a comment that it looked better than that. So I went to a third place, and this time I just said, "I was told that the condition would be extremely fine - is that about right?" And person said, oh, yes, or maybe even a little better. I'm left wondering: Is it common that when a dealer is also a potential buyer, that he's likely to downplay the condition because he's figuring on offering a lower price? This was very disconcerting.[/QUOTE]
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