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Is it common for dealers to buy from auctions and sell on the bay?
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<p>[QUOTE="Clawcoins, post: 4986210, member: 77814"]When I used to buy slabbed coins on ebay I would also search for that coin elsewhere. Many times I would find it on ha.com or other websites.</p><p><br /></p><p>They can't relie on estate sales, or individuals all the time. Even here many people are looking to flip coins. buy low (based on their perception and knowledge) and sell higher.</p><p><br /></p><p>Over on FB the prices are out of whack higher from newbie collectors who get stuck in the bidding war and not the actual value of something. There are dealers here who now sell on FB to cash in on that phenomenon.[/QUOTE]</p><p><br /></p>
[QUOTE="Clawcoins, post: 4986210, member: 77814"]When I used to buy slabbed coins on ebay I would also search for that coin elsewhere. Many times I would find it on ha.com or other websites. They can't relie on estate sales, or individuals all the time. Even here many people are looking to flip coins. buy low (based on their perception and knowledge) and sell higher. Over on FB the prices are out of whack higher from newbie collectors who get stuck in the bidding war and not the actual value of something. There are dealers here who now sell on FB to cash in on that phenomenon.[/QUOTE]
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Is it common for dealers to buy from auctions and sell on the bay?
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