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<p>[QUOTE="aubade21, post: 1980178, member: 44104"]I'm not sure if this was directed at me, but if it was, I can assure you that I do know what market value is for the coins I'm interested in. It does not mean that the dealer knows or cares what the going rate is, however. That is the whole point. Some dealers focus on quick turnover on their inventory where others (likely those that do not do this as their sole means of income) are willing to wait a long period of time with the hope of making a large profit. That's simplistic, I know, not all dealers fall into one category or another, but my point is, I don't want to waste my time on a dealer leans toward the second category.</p><p><br /></p><p>We are in an era where coin shows are just one avenue to buy coins, and people that are passionate about this hobby have many places to spend their money. I have 20 dealers bookmarked on my browser that have upfront, reasonable prices and great photos of coins. Sure, it's not as nice as looking at a coin in hand, but I'm not going to pay an outrageous premium just to be able to buy on the spot, especially when most dealers have a reasonable return policy. Nor am I going to waste my time trying to convince a dealer that I'd like to buy their coin but the "going rate" is far cheaper than what their price is. I bet there are dozens of posts on CT with sellers complaining of that exact tactic.[/QUOTE]</p><p><br /></p>
[QUOTE="aubade21, post: 1980178, member: 44104"]I'm not sure if this was directed at me, but if it was, I can assure you that I do know what market value is for the coins I'm interested in. It does not mean that the dealer knows or cares what the going rate is, however. That is the whole point. Some dealers focus on quick turnover on their inventory where others (likely those that do not do this as their sole means of income) are willing to wait a long period of time with the hope of making a large profit. That's simplistic, I know, not all dealers fall into one category or another, but my point is, I don't want to waste my time on a dealer leans toward the second category. We are in an era where coin shows are just one avenue to buy coins, and people that are passionate about this hobby have many places to spend their money. I have 20 dealers bookmarked on my browser that have upfront, reasonable prices and great photos of coins. Sure, it's not as nice as looking at a coin in hand, but I'm not going to pay an outrageous premium just to be able to buy on the spot, especially when most dealers have a reasonable return policy. Nor am I going to waste my time trying to convince a dealer that I'd like to buy their coin but the "going rate" is far cheaper than what their price is. I bet there are dozens of posts on CT with sellers complaining of that exact tactic.[/QUOTE]
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