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<p>[QUOTE="treylxapi47, post: 2041585, member: 41863"]The big dogs can't undercut their wholesale price. </p><p><br /></p><p>Look at it like this. A club member has a coin. It's worth $100. </p><p><br /></p><p>He takes it to the best dealer in the room. He gets an offer of $55. The dealer down plays the coin, says he has expenses, and leaves himself some haggle room to come down on, so $55 is pretty reasonable. </p><p><br /></p><p>Now the club member could put that coin at the table (we could rotate members manning it) with $100 on it. He may say his absolute lowest is $65, but the closer to $100 the better. Even if the coin sold for his lowest amount of $65, he would still walk away with more money than the dealer offered him to begin with. The club would generate $6.50 for hosting the table and everyone would win (except the dealer who lost both the buying opportunity AND the potential profitable sale). </p><p><br /></p><p>There is no way that dealer could feasibly buy the coin at $55 and sell it for $65 and it realistically leave a profit after travel expenses, show costs, etc. </p><p><br /></p><p>My point is that there are very few losing scenarios for the club and members by hosting a table or acting as a consigning agent to donate a portion of the proceeds to the club.[/QUOTE]</p><p><br /></p>
[QUOTE="treylxapi47, post: 2041585, member: 41863"]The big dogs can't undercut their wholesale price. Look at it like this. A club member has a coin. It's worth $100. He takes it to the best dealer in the room. He gets an offer of $55. The dealer down plays the coin, says he has expenses, and leaves himself some haggle room to come down on, so $55 is pretty reasonable. Now the club member could put that coin at the table (we could rotate members manning it) with $100 on it. He may say his absolute lowest is $65, but the closer to $100 the better. Even if the coin sold for his lowest amount of $65, he would still walk away with more money than the dealer offered him to begin with. The club would generate $6.50 for hosting the table and everyone would win (except the dealer who lost both the buying opportunity AND the potential profitable sale). There is no way that dealer could feasibly buy the coin at $55 and sell it for $65 and it realistically leave a profit after travel expenses, show costs, etc. My point is that there are very few losing scenarios for the club and members by hosting a table or acting as a consigning agent to donate a portion of the proceeds to the club.[/QUOTE]
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