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<p>[QUOTE="jloring, post: 1229130, member: 15518"]Wow... that's pretty harsh. The seller must know how much he has invested in the coins (unless he found them), and any info he would need (value wise) is readily available on the internet. As a buyer, why would you offer full book value? When I visit my local dealer and find a coin I want, I'll make him an offer... anywhere from 50% to 75% of book. He knows what his minimum profit margin is, and will either accept my offer or make a counter offer. I never cosidered this "despicable or tantamount to fraud". Now, if you're referring to someone who has 'no clue' to what they have, you can show them what the book says, then make them a <i>fair</i> offer (say 80% of book), not necessarily full book, especially if you plan on re-selling. I guess my point is that every seller must buy for less than he plans to sell for, or he won't be a dealer very long.[/QUOTE]</p><p><br /></p>
[QUOTE="jloring, post: 1229130, member: 15518"]Wow... that's pretty harsh. The seller must know how much he has invested in the coins (unless he found them), and any info he would need (value wise) is readily available on the internet. As a buyer, why would you offer full book value? When I visit my local dealer and find a coin I want, I'll make him an offer... anywhere from 50% to 75% of book. He knows what his minimum profit margin is, and will either accept my offer or make a counter offer. I never cosidered this "despicable or tantamount to fraud". Now, if you're referring to someone who has 'no clue' to what they have, you can show them what the book says, then make them a [I]fair[/I] offer (say 80% of book), not necessarily full book, especially if you plan on re-selling. I guess my point is that every seller must buy for less than he plans to sell for, or he won't be a dealer very long.[/QUOTE]
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