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<p>[QUOTE="GDJMSP, post: 2759826, member: 112"]From what I can see most of your questions have been answered Mike, with one possible exception - raw coins. Dave kind of touched on it here - </p><p><br /></p><p><br /></p><p><br /></p><p>The problem is very few actually "know what they're looking at". </p><p><br /></p><p>This is why, and I'm sure you already know this, the TPGs are so successful. Now me, personally, I never had a problem buying a raw coin even if it was several thousand dollars. But that is only because of two things: 1 - I had confidence in my own ability to grade the coin correctly, as well as authenticate it in most cases; and 2 - because if I was buying a raw coin I would only buy it from a source I personally trusted. </p><p><br /></p><p>And that's same problem as what I started with. There aren't a whole lot of people like that out there. So in my eyes anyway that kind of quantifies how you need to handle raw coins, at least partially. </p><p><br /></p><p>The other kind of person who buys raw coins is the one who just doesn't like slabbed coins. And yeah, there are people like that, just not a whole lot of them anymore. And a certain percentage of those still won't buy their coins raw, they'll buy them slabbed and then crack them out for inclusion in their collection. </p><p><br /></p><p>Now you know your market base better than any of us, but those two things tell me that only a small or at least a low percentage of your inventory should be raw coins. Especially when you couple that with the fact there we are and have been been for long time in a bear market. So whatever your inventory is the last thing you want is it just sitting around. </p><p><br /></p><p>If I were a dealer my primary strategy would be dropping prices to move things out the door. And being very careful with what I buy.[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 2759826, member: 112"]From what I can see most of your questions have been answered Mike, with one possible exception - raw coins. Dave kind of touched on it here - The problem is very few actually "know what they're looking at". This is why, and I'm sure you already know this, the TPGs are so successful. Now me, personally, I never had a problem buying a raw coin even if it was several thousand dollars. But that is only because of two things: 1 - I had confidence in my own ability to grade the coin correctly, as well as authenticate it in most cases; and 2 - because if I was buying a raw coin I would only buy it from a source I personally trusted. And that's same problem as what I started with. There aren't a whole lot of people like that out there. So in my eyes anyway that kind of quantifies how you need to handle raw coins, at least partially. The other kind of person who buys raw coins is the one who just doesn't like slabbed coins. And yeah, there are people like that, just not a whole lot of them anymore. And a certain percentage of those still won't buy their coins raw, they'll buy them slabbed and then crack them out for inclusion in their collection. Now you know your market base better than any of us, but those two things tell me that only a small or at least a low percentage of your inventory should be raw coins. Especially when you couple that with the fact there we are and have been been for long time in a bear market. So whatever your inventory is the last thing you want is it just sitting around. If I were a dealer my primary strategy would be dropping prices to move things out the door. And being very careful with what I buy.[/QUOTE]
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