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<p>[QUOTE="GDJMSP, post: 646657, member: 112"]You make good points Red Tiger and what you describe happens all too often. Many think it outrageous that there can be as much as a 40% spread on coins and they consider any dealer who even approaches that number to be a rip-off artist. But they aren't. I often wonder what those same folks would say if told that in the world coin community dealers often opperate on a 100% spread.</p><p><br /></p><p>The ones that get me though are those dealers who are opportunist, and there are plenty of them. What I mean by that is a dealer that is for the most part as honest and fair as the day is long. But that is with their established customers, or customers who know the hobby. But let a novice or someone who inherits a collection walk in with coins to sell and the Dr. Jeckyl/Mr. Hyde syndrome takes place. I have personlly seen them make offers of face value for collections that contained 3 complete sets, all in albums, of Mercs, IHC's, Lincolns & Walkers, with a large assortment of Morgan & Peace dollars and literally hundreds of pounds of assorted loose coins which were mostly silver.</p><p><br /></p><p>Now what do you call the person who does that ? I know what I call them, but I can't say it here.[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 646657, member: 112"]You make good points Red Tiger and what you describe happens all too often. Many think it outrageous that there can be as much as a 40% spread on coins and they consider any dealer who even approaches that number to be a rip-off artist. But they aren't. I often wonder what those same folks would say if told that in the world coin community dealers often opperate on a 100% spread. The ones that get me though are those dealers who are opportunist, and there are plenty of them. What I mean by that is a dealer that is for the most part as honest and fair as the day is long. But that is with their established customers, or customers who know the hobby. But let a novice or someone who inherits a collection walk in with coins to sell and the Dr. Jeckyl/Mr. Hyde syndrome takes place. I have personlly seen them make offers of face value for collections that contained 3 complete sets, all in albums, of Mercs, IHC's, Lincolns & Walkers, with a large assortment of Morgan & Peace dollars and literally hundreds of pounds of assorted loose coins which were mostly silver. Now what do you call the person who does that ? I know what I call them, but I can't say it here.[/QUOTE]
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