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<p>[QUOTE="GoldFinger1969, post: 26607111, member: 73489"]I guess so.</p><p><br /></p><p>But that's what I have always had trouble understanding...unless you're a distressed seller and willing to take a lower price just to raise cash....aren't you always going to be losing all or most of the BP if you sell through an auction site ? Even GS is 10-12%.</p><p><br /></p><p>OK, nobody works for free but a LCS or dealer probably has a tighter bid-ask spread.</p><p><br /></p><p><b><u>And during the dealer-to-dealer part of a big show like FUN or other coin shows.....if the selling dealers get top dollar (full retail) then how is the buyer going to make $$$ re-selling and still being competitive (unless the price of the metal rises) ? Conversely, if the seller accepts less than full retail or wholesale...isn't he/she leaving something on the table as the buyer than got it at a price he can mark up ?</u></b></p><p><br /></p><p>This aspect of the business always confused me as if the price of the metal was flat for a long period of time, it appears to be a zero-sum game and I'm wondering who would want to "help out" the other person by accepting less $$$/paying more $$$ ?</p><p><br /></p><p>Good thing I'm a money manager and not a businessman !! <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie8" alt=":D" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>
[QUOTE="GoldFinger1969, post: 26607111, member: 73489"]I guess so. But that's what I have always had trouble understanding...unless you're a distressed seller and willing to take a lower price just to raise cash....aren't you always going to be losing all or most of the BP if you sell through an auction site ? Even GS is 10-12%. OK, nobody works for free but a LCS or dealer probably has a tighter bid-ask spread. [B][U]And during the dealer-to-dealer part of a big show like FUN or other coin shows.....if the selling dealers get top dollar (full retail) then how is the buyer going to make $$$ re-selling and still being competitive (unless the price of the metal rises) ? Conversely, if the seller accepts less than full retail or wholesale...isn't he/she leaving something on the table as the buyer than got it at a price he can mark up ?[/U][/B] This aspect of the business always confused me as if the price of the metal was flat for a long period of time, it appears to be a zero-sum game and I'm wondering who would want to "help out" the other person by accepting less $$$/paying more $$$ ? Good thing I'm a money manager and not a businessman !! :D[/QUOTE]
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