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<p>[QUOTE="The Penny Lady®, post: 640684, member: 16948"]Doug, perhaps occasionally, just like in any other sales business, but I don't think it's prevalent. It's probable that some dealers engage in coin hype just to push up prices of a particular series, but because I'm not in the circle with all the "big boys" who would most likely be the ones in the best position to be pushing certain series of coins just to increase prices, I can't say I've actually seen it or known it to happen. My experience, and perhaps naively, is that the dealers I hang around with (including a couple well known dealers) actually LOVE coins and are buying and selling coins because we not only are trying to make a living, but we really enjoy it. </p><p><br /></p><p><i>Most dealers I know are just trying to sell coins for the best price we can get, of course, and that's the bottom line in this and any sales business. </i>I think it would take too much effort, too much time spent "pounding the pavement," and it would take too many "gullible" buyers for a hyping of coins to work well or work too often. I'm not saying it doesn't happen, because in any business there are "sharks," but I'm just saying that I personally don't see it. And besides, most people who are looking to buy higher end coins (to whom I'm assuming hyping of coins would be targeted) are pretty savvy and know their particular coin series well enough not to be taken in by hype. In my experience, people well off enough to be able to afford higher end coins didn't get that way by being taken in easily or taken advantage of by unscrupulous dealers.</p><p><br /></p><p>Regarding MPL's, there are probably only a handful of dealers who really sell quantities of these rare beauties, me included, along with Brian Wagner, Angel Dees, and a few others. I personally do not see any of them hyping MPL's just to push up prices. As far as I see, they are simply trying to sell them for the best price they can get. And I can tell you it is a lot tougher to sell higher end coins in this current market. </p><p><br /></p><p>Brian probably sells the most MPL's of anyone I know - he knows this series inside and out, and he knows their rarity, especially in high grades, and he seems to find and sell the most. On top of that, most of the MPL's he sells has a ton of eye appeal with gorgeous toning, but he also sells a lot of red MPL's which are even harder to find. I have bought several nice MPL's from him, so of course, my prices are going to be higher than what I bought them from him. So if anyone were to be able to push up sales just to increase prices, it would be him, but Brian is a nice guy and I don't think he's the kind of person or dealer to do this, but if he were, he would have to be selling these MPL's for a lot more than he is.[/QUOTE]</p><p><br /></p>
[QUOTE="The Penny Lady®, post: 640684, member: 16948"]Doug, perhaps occasionally, just like in any other sales business, but I don't think it's prevalent. It's probable that some dealers engage in coin hype just to push up prices of a particular series, but because I'm not in the circle with all the "big boys" who would most likely be the ones in the best position to be pushing certain series of coins just to increase prices, I can't say I've actually seen it or known it to happen. My experience, and perhaps naively, is that the dealers I hang around with (including a couple well known dealers) actually LOVE coins and are buying and selling coins because we not only are trying to make a living, but we really enjoy it. [I]Most dealers I know are just trying to sell coins for the best price we can get, of course, and that's the bottom line in this and any sales business. [/I]I think it would take too much effort, too much time spent "pounding the pavement," and it would take too many "gullible" buyers for a hyping of coins to work well or work too often. I'm not saying it doesn't happen, because in any business there are "sharks," but I'm just saying that I personally don't see it. And besides, most people who are looking to buy higher end coins (to whom I'm assuming hyping of coins would be targeted) are pretty savvy and know their particular coin series well enough not to be taken in by hype. In my experience, people well off enough to be able to afford higher end coins didn't get that way by being taken in easily or taken advantage of by unscrupulous dealers. Regarding MPL's, there are probably only a handful of dealers who really sell quantities of these rare beauties, me included, along with Brian Wagner, Angel Dees, and a few others. I personally do not see any of them hyping MPL's just to push up prices. As far as I see, they are simply trying to sell them for the best price they can get. And I can tell you it is a lot tougher to sell higher end coins in this current market. Brian probably sells the most MPL's of anyone I know - he knows this series inside and out, and he knows their rarity, especially in high grades, and he seems to find and sell the most. On top of that, most of the MPL's he sells has a ton of eye appeal with gorgeous toning, but he also sells a lot of red MPL's which are even harder to find. I have bought several nice MPL's from him, so of course, my prices are going to be higher than what I bought them from him. So if anyone were to be able to push up sales just to increase prices, it would be him, but Brian is a nice guy and I don't think he's the kind of person or dealer to do this, but if he were, he would have to be selling these MPL's for a lot more than he is.[/QUOTE]
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