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<p>[QUOTE="Burton Strauss III, post: 25360686, member: 59677"]When dealing with ANYBODY you should always familiarize yourself with the terms & conditions. You might not like the coins-on-approval practice, but it's disclosed and easy to cancel.</p><p><br /></p><p>As Randy said, businesses are in business to make money and that means buying for less than than COGS+S&A.</p><p><br /></p><p>You may not like their offers, you don't have to take them. Shop the same coins around to several local dealers and report back how generous the offers were.</p><p><br /></p><p>Littleton is a large-scale wholesale buyer at many coin shows.</p><p><br /></p><p>What do you think happens when a dealer buys a collection? They mark and sell the merch they know they can sell, there is some they might try to sell and the rest gets wholesaled up the chain to buyers like Littleton. I've seen them clean out a bourse to the point where several dealers packed up and went home.[/QUOTE]</p><p><br /></p>
[QUOTE="Burton Strauss III, post: 25360686, member: 59677"]When dealing with ANYBODY you should always familiarize yourself with the terms & conditions. You might not like the coins-on-approval practice, but it's disclosed and easy to cancel. As Randy said, businesses are in business to make money and that means buying for less than than COGS+S&A. You may not like their offers, you don't have to take them. Shop the same coins around to several local dealers and report back how generous the offers were. Littleton is a large-scale wholesale buyer at many coin shows. What do you think happens when a dealer buys a collection? They mark and sell the merch they know they can sell, there is some they might try to sell and the rest gets wholesaled up the chain to buyers like Littleton. I've seen them clean out a bourse to the point where several dealers packed up and went home.[/QUOTE]
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