Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
Lcs bullion prices
>
Reply to Thread
Message:
<p>[QUOTE="Blaubart, post: 1680320, member: 37498"]There's no rulebook that local coin stores must follow. In the end, it's up to the owner of the store on how they manage their inventory and set their prices.</p><p><br /></p><p>But, like Medoraman said above, a store should earn its profits on moving inventory. They have a buy/sell margin that allows them to earn money on flipping bullion 99% of the time. If the price falls too fast for them to earn a profit on bullion they've purchased, how is holding onto it going to help? Especially if the price never recovers.[/QUOTE]</p><p><br /></p>
[QUOTE="Blaubart, post: 1680320, member: 37498"]There's no rulebook that local coin stores must follow. In the end, it's up to the owner of the store on how they manage their inventory and set their prices. But, like Medoraman said above, a store should earn its profits on moving inventory. They have a buy/sell margin that allows them to earn money on flipping bullion 99% of the time. If the price falls too fast for them to earn a profit on bullion they've purchased, how is holding onto it going to help? Especially if the price never recovers.[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
Lcs bullion prices
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...