Poll: At What Point Is A Dealer Taking Advantage

Discussion in 'Coin Chat' started by LostDutchman, Jun 24, 2010.

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What should a coin dealer make on the coins he buys from you

  1. 0%

    1 vote(s)
    1.5%
  2. 5%-10%

    2 vote(s)
    3.1%
  3. 10%-15%

    13 vote(s)
    20.0%
  4. 15%-20%

    10 vote(s)
    15.4%
  5. 20%-25%

    13 vote(s)
    20.0%
  6. 25%-30%

    12 vote(s)
    18.5%
  7. 30%-35%

    3 vote(s)
    4.6%
  8. 35%-40%

    1 vote(s)
    1.5%
  9. 40%-50%

    7 vote(s)
    10.8%
  10. More

    3 vote(s)
    4.6%
  1. Duke Kavanaugh

    Duke Kavanaugh The Big Coin Hunter

    Fret, it sounds like you found a good buying dealer.
    I think it's a lot like this:

    Dealer1 buy's low and sells low. A good spot to buy your coins at if graded correctly.
    Dealer2 buy's high and sells high. A good spot to sell your unwanted coins.

    Rarely do you see anyone around long that is a good place to buy coins and sell them both at a good deal as that means there no money for their store costs.
     
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  3. Duke Kavanaugh

    Duke Kavanaugh The Big Coin Hunter

    I just read the poll results and see that over 25% of us think the dealers should make less then 15%. I find it funny that most servers at restaurants get more then that for just delivering food to a person but if a dealer is delivering your coins you feel he should make less. Oh yea and he has rent, electric, security, insurance, tax's, license ect...
     
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