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<p>[QUOTE="Vegas Vic, post: 1982057, member: 58810"]I love going to coin shows and hope they remain forever. I never said that I hoped they end. But like I said dealers now have much more competition from other dealers and internet based collector sales. And the sales are going to shift more and more % towards the online. When it comes down to it, a dealer is just the guy who introduces the seller to the buyer. Like online dating dealers are becoming more and more unnecessary because the internet via sites like gc and eBay are connecting people for a much smaller commission then dealers did. And the internet venue has overall less risk then the old system because no one has to put up money and maybe get stuck. The collector sells to the collector directly, so the risk is just failed transactions. And the percent of dealer cut is much greater then the risk of unethical transactions. All in my opinion. Which is why I told the op not to accept a cut greater then around 15-20%. A dealer may need a larger cut but just like wallmart has done the internet is putting dealers under serious competition. I honesty don't care what cut anyone thinks they need or deserve as a dealer when I get more money from online sales. The dealer's needs are just that, his needs, and not mine.[/QUOTE]</p><p><br /></p>
[QUOTE="Vegas Vic, post: 1982057, member: 58810"]I love going to coin shows and hope they remain forever. I never said that I hoped they end. But like I said dealers now have much more competition from other dealers and internet based collector sales. And the sales are going to shift more and more % towards the online. When it comes down to it, a dealer is just the guy who introduces the seller to the buyer. Like online dating dealers are becoming more and more unnecessary because the internet via sites like gc and eBay are connecting people for a much smaller commission then dealers did. And the internet venue has overall less risk then the old system because no one has to put up money and maybe get stuck. The collector sells to the collector directly, so the risk is just failed transactions. And the percent of dealer cut is much greater then the risk of unethical transactions. All in my opinion. Which is why I told the op not to accept a cut greater then around 15-20%. A dealer may need a larger cut but just like wallmart has done the internet is putting dealers under serious competition. I honesty don't care what cut anyone thinks they need or deserve as a dealer when I get more money from online sales. The dealer's needs are just that, his needs, and not mine.[/QUOTE]
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