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<p>[QUOTE="medoraman, post: 1418643, member: 26302"]Well my take on it would be:</p><p><br /></p><p>1. Without seeing the coin, there is no way we can intelligently speak to whether it was worth more than a pricesheet. Since that is true, there is no way we can comment whether the dealer's asking price was out of line. It may be it was a superlative example. That is the danger of those who only buy according to price lists, they will only ever have average to below average coins in their collection.</p><p><br /></p><p>2. If you don't like the price, move on. If it was a common coin, your research and intelligence just saved you money OP. Pat yourself on your back and find a better deal.</p><p><br /></p><p>I do not think dealers are "entitled" to a profit, they earn it by procuring coins collectors wish to buy, provide a level of guarantee to collectors, and provide time and place utility. I do not begrudge one cent of dealer profit, but they are never "entitled" to it. They must earn it. If they overpay for a coin, they treat that as a business expense.</p><p><br /></p><p>Just my opinion.</p><p><br /></p><p>Chris[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 1418643, member: 26302"]Well my take on it would be: 1. Without seeing the coin, there is no way we can intelligently speak to whether it was worth more than a pricesheet. Since that is true, there is no way we can comment whether the dealer's asking price was out of line. It may be it was a superlative example. That is the danger of those who only buy according to price lists, they will only ever have average to below average coins in their collection. 2. If you don't like the price, move on. If it was a common coin, your research and intelligence just saved you money OP. Pat yourself on your back and find a better deal. I do not think dealers are "entitled" to a profit, they earn it by procuring coins collectors wish to buy, provide a level of guarantee to collectors, and provide time and place utility. I do not begrudge one cent of dealer profit, but they are never "entitled" to it. They must earn it. If they overpay for a coin, they treat that as a business expense. Just my opinion. Chris[/QUOTE]
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