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<p>[QUOTE="GoldFinger1969, post: 3970776, member: 73489"]Really ? I don't see it on expensive stuff like gold coins and Saints, and not even on cheaper stuff like MSD's. Markups are there, but not 30% coming and going.</p><p><br /></p><p>Sure, but 30% on BOTH the bid and ask ? Whatever happened to making it up on volume ?</p><p><br /></p><p>Hey, my LCS charges much more for 1/10th and 1/4 oz. gold than 1/2 and full-ounce coins, and I expect that. But he's pretty liquid and fair on 1 oz. coins and I wouldn't expect him to be discounting 30% on Walking Liberty's or Franklins if I collected them and needed to sell, and then also charging ME a huge premium if I was buying.</p><p><br /></p><p>I get it, Doug, but isn't 30% on BOTH the bid and ask excessive ? </p><p><br /></p><p>Jewelry is kind of unique and there isn't a liquid market beyond the melt or gem value of items. If a Franklin quarter is $200 I would think a dealer should not have to buy it from me at $140 and then resell it at $260.[/QUOTE]</p><p><br /></p>
[QUOTE="GoldFinger1969, post: 3970776, member: 73489"]Really ? I don't see it on expensive stuff like gold coins and Saints, and not even on cheaper stuff like MSD's. Markups are there, but not 30% coming and going. Sure, but 30% on BOTH the bid and ask ? Whatever happened to making it up on volume ? Hey, my LCS charges much more for 1/10th and 1/4 oz. gold than 1/2 and full-ounce coins, and I expect that. But he's pretty liquid and fair on 1 oz. coins and I wouldn't expect him to be discounting 30% on Walking Liberty's or Franklins if I collected them and needed to sell, and then also charging ME a huge premium if I was buying. I get it, Doug, but isn't 30% on BOTH the bid and ask excessive ? Jewelry is kind of unique and there isn't a liquid market beyond the melt or gem value of items. If a Franklin quarter is $200 I would think a dealer should not have to buy it from me at $140 and then resell it at $260.[/QUOTE]
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