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<p>[QUOTE="Owle, post: 2032774, member: 22004"]I would describe as "one way" dealers those who are absolute low ballers and chiselers when buying but when selling they are high retail unless they have come to the realization that they aren't going to sell the item. </p><p><br /></p><p>I'm thinking of one dealer who I sold a nice cc Morgan recently with lots of eye appeal but he found every tiny thing that he thought was wrong with it and would only buy around Bluesheet. He tells me about a lot of coins he buys for $30 or so that PCGS grades as $300 and up coins once he dips them, etc.. Another coin he told me he had around $1300 into, an 1871-s $20 that graded AU53. He sold it to a customer for over $2200! What effect does this have upon hobbyists when they realize they paid way over retail even? How common are the "one way" dealers in numismatics who do not follow reasonable buying and selling methods unless they are making huge profits?[/QUOTE]</p><p><br /></p>
[QUOTE="Owle, post: 2032774, member: 22004"]I would describe as "one way" dealers those who are absolute low ballers and chiselers when buying but when selling they are high retail unless they have come to the realization that they aren't going to sell the item. I'm thinking of one dealer who I sold a nice cc Morgan recently with lots of eye appeal but he found every tiny thing that he thought was wrong with it and would only buy around Bluesheet. He tells me about a lot of coins he buys for $30 or so that PCGS grades as $300 and up coins once he dips them, etc.. Another coin he told me he had around $1300 into, an 1871-s $20 that graded AU53. He sold it to a customer for over $2200! What effect does this have upon hobbyists when they realize they paid way over retail even? How common are the "one way" dealers in numismatics who do not follow reasonable buying and selling methods unless they are making huge profits?[/QUOTE]
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