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<p>[QUOTE="clembo, post: 673302, member: 8033"]Working for a dealer I can't say I know a lot that "hoard" coins. In my boss' case he likes to turn them (better dates) quickly BUT he also wants top dollar. He has been at it for 42 years now.</p><p><br /></p><p>It is a business after all and idle inventory does not make money. My boss does have one weakness. CC Morgans and especially GSA. He tends to pay too strong on them then want too much from potential buyers. Hence, there are a few hundred at the shop.</p><p>Scary thing is he knows this and admits it but a buyer will not come into the store and get a good deal on a GSA CC Morgan so they just sit there. I dust them off occasionally. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie2" alt=";)" unselectable="on" unselectable="on" /></p><p><br /></p><p>Successful dealers need to move inventory is the bottom line. Take the profit and move onto the next.[/QUOTE]</p><p><br /></p>
[QUOTE="clembo, post: 673302, member: 8033"]Working for a dealer I can't say I know a lot that "hoard" coins. In my boss' case he likes to turn them (better dates) quickly BUT he also wants top dollar. He has been at it for 42 years now. It is a business after all and idle inventory does not make money. My boss does have one weakness. CC Morgans and especially GSA. He tends to pay too strong on them then want too much from potential buyers. Hence, there are a few hundred at the shop. Scary thing is he knows this and admits it but a buyer will not come into the store and get a good deal on a GSA CC Morgan so they just sit there. I dust them off occasionally. ;) Successful dealers need to move inventory is the bottom line. Take the profit and move onto the next.[/QUOTE]
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