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<p>[QUOTE=&quot;Coinchemistry 2012, post: 1977735, member: 28107&quot;]A good number of dealers, or at least those I have dealt with, acquire coins from auctions where the price realized is public information.&nbsp; In those instances, I absolutely think the buyer should be informed, and I see nothing wrong with the original poster&#039;s question or Caleb&#039;s comment.&nbsp; For instance, take hypothetical coin &quot;A&quot; that sold at a major auction - one of Heritage&#039;s Signature Auctions such as Long Beach.&nbsp; The coin has been seen by hundreds of knowledgeable numismatists, collectors, and dealers; thus, the price realized should be representative of the coin&#039;s true value (within a reasonable range).&nbsp; This is not to say that the dealer shouldn&#039;t make a profit.&nbsp; To be sure, there are market fluctuations and I have no problem with the dealer making a profit.&nbsp; With that said, I wouldn&#039;t be willing to pay an outlandish premium over what it already sold for at auction.&nbsp; So if dealer &quot;X&quot; offers me coin &quot;A&quot; for 3x the Heritage price, then I do not think that is a reasonable price or a reasonable mark-up under most circumstances, and I would walk.&nbsp; Depending on the coin (and how subjective the pricing of the issue is), it might be enough to preclude me from doing business with that dealer again.&nbsp; The dealer has a right to ask whatever he wants, but a collector also has the right to go elsewhere.&nbsp; And the collector has the RIGHT to use whatever information that may be available to him in the public record to make that decision.</p><p><br /></p><p>On another note, many of your posts seem to have missed the original poster&#039;s intent in my opinion.[/QUOTE]</p><p><br /></p>

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