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<p>[QUOTE="GDJMSP, post: 2675450, member: 112"]The vast majority of bidders in all auction house auctions are coin dealers - always have been and always will be. And that's why as an individual auction house auctions are always your best bet because dealers aren't going to go crazy and pay stupid money like some, or should I say many, individuals do. Dealers know better, most individuals don't.</p><p><br /></p><p>How does the percentage break down for US vs non US buyers ? I cannot say with any certainly but I sure don't have much doubt that the majority are US. I say that because the US market far exceeds that of all of Europe combined. And Europe and the US are the two majors. The rest of the world, yeah they're in there but it is a tiny percentage compared to the biggies.</p><p><br /></p><p>And I say that because most of the major US dealers make at least a couple buying trips to Europe each year, and some more than a couple. While European dealers usually only make 1 trip to the US to the big show in NY every January. And even then not all of them come.[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 2675450, member: 112"]The vast majority of bidders in all auction house auctions are coin dealers - always have been and always will be. And that's why as an individual auction house auctions are always your best bet because dealers aren't going to go crazy and pay stupid money like some, or should I say many, individuals do. Dealers know better, most individuals don't. How does the percentage break down for US vs non US buyers ? I cannot say with any certainly but I sure don't have much doubt that the majority are US. I say that because the US market far exceeds that of all of Europe combined. And Europe and the US are the two majors. The rest of the world, yeah they're in there but it is a tiny percentage compared to the biggies. And I say that because most of the major US dealers make at least a couple buying trips to Europe each year, and some more than a couple. While European dealers usually only make 1 trip to the US to the big show in NY every January. And even then not all of them come.[/QUOTE]
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