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<p>[QUOTE="medoraman, post: 1978142, member: 26302"]I sure as heck HOPE they avoid coins as investments. Coins should be your hobby, not investments. Junk silver can be an investment, but not collectible coins. </p><p><br /></p><p>Btw, Doug is right. 25-30% markup is actually very cheap versus most other products. Almost any other $500 item in the store the manufacturer at most got paid $200 for.</p><p><br /></p><p>Dealers in reality allow this hobby to even exist. Dealers have been the backbone of this hobby, acquiring coins, researching and publishing books, educating collectors, for as long as there has BEEN coin collecting. Not one word from me in this thread has ever been anti-dealer, and I hope dealer friends here have not taken anything I have said that way. Good dealers should thrive and make a good living. My only issue in the entire thread has only been to disagree with Doug that I have no right to judge a dealer's buying price once I know all of the facts. I think I do, (not that it would be an issue with any good dealers here). Profit percentages and ability to make a living has never been an issue for me, nor should it be.[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 1978142, member: 26302"]I sure as heck HOPE they avoid coins as investments. Coins should be your hobby, not investments. Junk silver can be an investment, but not collectible coins. Btw, Doug is right. 25-30% markup is actually very cheap versus most other products. Almost any other $500 item in the store the manufacturer at most got paid $200 for. Dealers in reality allow this hobby to even exist. Dealers have been the backbone of this hobby, acquiring coins, researching and publishing books, educating collectors, for as long as there has BEEN coin collecting. Not one word from me in this thread has ever been anti-dealer, and I hope dealer friends here have not taken anything I have said that way. Good dealers should thrive and make a good living. My only issue in the entire thread has only been to disagree with Doug that I have no right to judge a dealer's buying price once I know all of the facts. I think I do, (not that it would be an issue with any good dealers here). Profit percentages and ability to make a living has never been an issue for me, nor should it be.[/QUOTE]
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Margins on High End Coins ?
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