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<p>[QUOTE="KSorbo, post: 3971524, member: 56370"]Recently I sold a Mexico 20 peso gold piece. Being this is a commodity bullion item I thought that the buying price would be the same anywhere. I couldn’t have been more wrong. First I tried a couple of shops in downtown Boston while my kids were skating at the Common. The first offered me about 10 percent below melt which I thought was shockingly low. Then the guy at the second shop started with “how much are you expecting to get for it” and then offered a price that was over 100 bucks (!!!) below melt on a half ounce coin. Later I called another shop and got just as low of an offer. To get what I was expecting I ended up having to mail it to a precious metals dealer.</p><p><br /></p><p>I guess I shouldn’t be surprised or upset considering that renting a store in Boston isn’t cheap and these guys need to make a living somehow. Even with the markups they are charging it’s amazing that they can stay in business when comparing with markups in other brick and mortar stores like jewelry, clothing etc.[/QUOTE]</p><p><br /></p>
[QUOTE="KSorbo, post: 3971524, member: 56370"]Recently I sold a Mexico 20 peso gold piece. Being this is a commodity bullion item I thought that the buying price would be the same anywhere. I couldn’t have been more wrong. First I tried a couple of shops in downtown Boston while my kids were skating at the Common. The first offered me about 10 percent below melt which I thought was shockingly low. Then the guy at the second shop started with “how much are you expecting to get for it” and then offered a price that was over 100 bucks (!!!) below melt on a half ounce coin. Later I called another shop and got just as low of an offer. To get what I was expecting I ended up having to mail it to a precious metals dealer. I guess I shouldn’t be surprised or upset considering that renting a store in Boston isn’t cheap and these guys need to make a living somehow. Even with the markups they are charging it’s amazing that they can stay in business when comparing with markups in other brick and mortar stores like jewelry, clothing etc.[/QUOTE]
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