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<p>[QUOTE="medoraman, post: 1322000, member: 26302"]Exactly. Not much replaces experience and knowledge, actually come to think of it nothing replaces knowledge. Knowledge is a dealer and a collector's ace in the hole. Lots of collectors can cherry pick items off of knowledgable dealers because a dealer cannot be an expert in everything. However, the more prosperous dealers you would be surprised on how many areas they ARE true experts. Of all of the successful dealers I know, every single one of them have in depth, heavy knowledge in the fields they cover. I am talking they have or could write a book on the series, and can quickly point out where the standard books are wrong, what coins are more common or scarce than generally believed, etc.</p><p><br /></p><p>Let me talk about ancients. Lets assume we are dealing with a traditional vest pocket dealer, a normal table dealer, and a firm like CNG. I have gotten lots of great deals off vest pocket dealers who didn't really know what they had, a few off of table dealers, but not one from CNG. I may get a good price at a CNG auction, but I know for a fact they knew EXACTLY what the coin was they sold me. They are large and prosperous because they do not sell $500 coins in pick bins, or not notice a Sassanid drachm is from a rare mint and not mention it. </p><p><br /></p><p>Chris[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 1322000, member: 26302"]Exactly. Not much replaces experience and knowledge, actually come to think of it nothing replaces knowledge. Knowledge is a dealer and a collector's ace in the hole. Lots of collectors can cherry pick items off of knowledgable dealers because a dealer cannot be an expert in everything. However, the more prosperous dealers you would be surprised on how many areas they ARE true experts. Of all of the successful dealers I know, every single one of them have in depth, heavy knowledge in the fields they cover. I am talking they have or could write a book on the series, and can quickly point out where the standard books are wrong, what coins are more common or scarce than generally believed, etc. Let me talk about ancients. Lets assume we are dealing with a traditional vest pocket dealer, a normal table dealer, and a firm like CNG. I have gotten lots of great deals off vest pocket dealers who didn't really know what they had, a few off of table dealers, but not one from CNG. I may get a good price at a CNG auction, but I know for a fact they knew EXACTLY what the coin was they sold me. They are large and prosperous because they do not sell $500 coins in pick bins, or not notice a Sassanid drachm is from a rare mint and not mention it. Chris[/QUOTE]
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