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Is it common for dealers to buy from auctions and sell on the bay?
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<p>[QUOTE="goldrealmoney79, post: 4984914, member: 111622"]A lot of auction houses have all this talk of bringing top dollar, but I was curious is it common for dealers to buy from an auction house and then sell on ebay for a nice markup? The coin below is what got my juices thinking...</p><p><br /></p><p><a href="https://rover.ebay.com/rover/1/711-53200-19255-0/1?mpre=https%3A%2F%2Fwww.ebay.com%2Fitm%2F1899-O-Morgan-Silver-Dollar-PCGS-MS67-CAC-Gorgeous-Toning-%2F293789230576%3Fhash%3Ditem446733e5f0%253Ag%253AD%257EEAAOSw6zlfic1o&campid=5338688952&toolid=10001&customid=" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://rover.ebay.com/rover/1/711-53200-19255-0/1?mpre=https%3A%2F%2Fwww.ebay.com%2Fitm%2F1899-O-Morgan-Silver-Dollar-PCGS-MS67-CAC-Gorgeous-Toning-%2F293789230576%3Fhash%3Ditem446733e5f0%253Ag%253AD%257EEAAOSw6zlfic1o&campid=5338688952&toolid=10001&customid=" rel="nofollow">https://www.ebay.com/itm/1899-O-Morgan-Silver-Dollar-PCGS-MS67-CAC-Gorgeous-Toning-/293789230576?hash=item446733e5f0%3Ag%3AD%7EEAAOSw6zlfic1o</a></p><p><br /></p><p>Auction price, notice the dates, only a couple weeks apart!</p><p><a href="https://legendauctions.hibid.com/lot/73044069/-1-1899-o-pcgs-ms67--cac/" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://legendauctions.hibid.com/lot/73044069/-1-1899-o-pcgs-ms67--cac/" rel="nofollow">https://legendauctions.hibid.com/lot/73044069/-1-1899-o-pcgs-ms67--cac/</a></p><p>not a bad quick flip/mark up. how many coins end up going through this process??[/QUOTE]</p><p><br /></p>
[QUOTE="goldrealmoney79, post: 4984914, member: 111622"]A lot of auction houses have all this talk of bringing top dollar, but I was curious is it common for dealers to buy from an auction house and then sell on ebay for a nice markup? The coin below is what got my juices thinking... [URL='https://rover.ebay.com/rover/1/711-53200-19255-0/1?mpre=https%3A%2F%2Fwww.ebay.com%2Fitm%2F1899-O-Morgan-Silver-Dollar-PCGS-MS67-CAC-Gorgeous-Toning-%2F293789230576%3Fhash%3Ditem446733e5f0%253Ag%253AD%257EEAAOSw6zlfic1o&campid=5338688952&toolid=10001&customid=']https://www.ebay.com/itm/1899-O-Morgan-Silver-Dollar-PCGS-MS67-CAC-Gorgeous-Toning-/293789230576?hash=item446733e5f0%3Ag%3AD%7EEAAOSw6zlfic1o[/URL] Auction price, notice the dates, only a couple weeks apart! [URL]https://legendauctions.hibid.com/lot/73044069/-1-1899-o-pcgs-ms67--cac/[/URL] not a bad quick flip/mark up. how many coins end up going through this process??[/QUOTE]
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Is it common for dealers to buy from auctions and sell on the bay?
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