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<p>[QUOTE=&quot;medoraman, post: 1299608, member: 26302&quot;]I agree with Mark as well. Growing up at my favorite coin store I noticed the same man coming in every week, and getting the same stuff. Turns out he was an auctioneer. The dealer told me every week he comes in and buys junk silver dollars, junk $2.5 and $5 gold, and a few miscellaneous junk coins, (IHC, wheat pennies, WL halves, etc). The dealer said the prices at his auction week in, week out, at least are double of what the auctioneer paid for the items. I was curious, and went to the auction, and yeah, the junk silver dollars were selling for about $12-15 back when you could buy all you wanted at the coin store for $6-7. When the dealer REALLY wanted to make a killing he would buy a torn up coin, (like a bust half harshly cleaned, maybe even a hole in it), for like $15 and the dang thing would sell for like $100.</p><p><br /></p><p>Many auctioneers aren&#039;t dumb, and know how to play this angle, and have been doing it for years.</p><p><br /></p><p>Chris[/QUOTE]</p><p><br /></p>

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