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<p>[QUOTE="krispy, post: 708246, member: 19065"]I'm not refuting your take on the Littleton discussion here, though you do offer a subjective example, "I get together a nice group of say Buffalo's all AU or better..." I simply differ in perspective about the situation. I also have had experience in the past as a buyer from Littleton. I am trying to offer sensible things to consider for others deciding if they should buy coins or other merchandise from Littleton. I do not recommend buying from them unless an individual chooses to do so for their own reasons and understands the mark up. This is not a slam against Littleton. I don't shop with them, haven't for many years, now that there are so many other resources with more competitive prices for similar merchandise. </p><p><br /></p><p>There's nothing unfair about the situation in my view of how Littleton selects it's coin stock. It differs not from anyone else's approach of buying, especially with intention to resell. They have the same resources anyone else does, and that is people or dealers trying to sell or trade in items or collections to a dealer interested in resale. Littleton simply has their own set of standards in what they will buy and prices they will pay for inventory. Anyone should also. Any coin shop, coin show dealer or individual has the same random offer or submission of coins presented when a customer/seller approaches. All have to make a decision of what to choose to buy or turn down, what grades they settle for and what they'll pay for them. The smaller the business or the lone individual dealer without an extensive business history, staff and network or financial resources and "authority" as Littleton has in place may view this as an unfair disadvantage but I disagree with that view. </p><p><br /></p><p>"Littleton only buys the cream, the nice to super AU's then returns the rest..."</p><p><br /></p><p>Littleton's strategy, in your words, sounds a lot like the standard mantra that's spread all over the CT forum to me: Only buy the best coin, in the highest grades, coins that appeal to you and be willing to pay what it's grade is worth to you. It's always quantified with, in the long run you will be more satisfied that you bought an indisputable grade of coin and come time to sell that coin will have less problems selling them. </p><p><br /></p><p>"...- well that's not how we buy them but they are getting that choice. We buy what walks through the door and what walks through the door is Nice, medium, and not so nice."</p><p><br /></p><p>When you are presented with coins to buy, sounds like you don't pick the best ones nor turn down lesser quality. Maybe the coins you see are not of quality and of your standards, let that be know by not buying them. Seek only the high grades or easily graded coins you want or can resell. You always have a choice but you cannot control what you will be presented with to buy. Maybe you shouldn't buy everything that walks through the door, but it sure sounds like that's your personal way of doing business. If you didn't buy everything that walks through the door, maybe the quality would start to increase as well as your customers would become educated in selecting better quality to present to you.</p><p><br /></p><p>This isn't a slam about you, your reply or any against Littleton. I just see no unfair disadvantage as you put it to me.[/QUOTE]</p><p><br /></p>
[QUOTE="krispy, post: 708246, member: 19065"]I'm not refuting your take on the Littleton discussion here, though you do offer a subjective example, "I get together a nice group of say Buffalo's all AU or better..." I simply differ in perspective about the situation. I also have had experience in the past as a buyer from Littleton. I am trying to offer sensible things to consider for others deciding if they should buy coins or other merchandise from Littleton. I do not recommend buying from them unless an individual chooses to do so for their own reasons and understands the mark up. This is not a slam against Littleton. I don't shop with them, haven't for many years, now that there are so many other resources with more competitive prices for similar merchandise. There's nothing unfair about the situation in my view of how Littleton selects it's coin stock. It differs not from anyone else's approach of buying, especially with intention to resell. They have the same resources anyone else does, and that is people or dealers trying to sell or trade in items or collections to a dealer interested in resale. Littleton simply has their own set of standards in what they will buy and prices they will pay for inventory. Anyone should also. Any coin shop, coin show dealer or individual has the same random offer or submission of coins presented when a customer/seller approaches. All have to make a decision of what to choose to buy or turn down, what grades they settle for and what they'll pay for them. The smaller the business or the lone individual dealer without an extensive business history, staff and network or financial resources and "authority" as Littleton has in place may view this as an unfair disadvantage but I disagree with that view. "Littleton only buys the cream, the nice to super AU's then returns the rest..." Littleton's strategy, in your words, sounds a lot like the standard mantra that's spread all over the CT forum to me: Only buy the best coin, in the highest grades, coins that appeal to you and be willing to pay what it's grade is worth to you. It's always quantified with, in the long run you will be more satisfied that you bought an indisputable grade of coin and come time to sell that coin will have less problems selling them. "...- well that's not how we buy them but they are getting that choice. We buy what walks through the door and what walks through the door is Nice, medium, and not so nice." When you are presented with coins to buy, sounds like you don't pick the best ones nor turn down lesser quality. Maybe the coins you see are not of quality and of your standards, let that be know by not buying them. Seek only the high grades or easily graded coins you want or can resell. You always have a choice but you cannot control what you will be presented with to buy. Maybe you shouldn't buy everything that walks through the door, but it sure sounds like that's your personal way of doing business. If you didn't buy everything that walks through the door, maybe the quality would start to increase as well as your customers would become educated in selecting better quality to present to you. This isn't a slam about you, your reply or any against Littleton. I just see no unfair disadvantage as you put it to me.[/QUOTE]
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