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<p>[QUOTE="dougsmit, post: 2352594, member: 19463"]The deal as I see it is people who do collect mid grade and lower price coins do not spend a lot of money with the big auction houses so the dealers are not rewarded for buying coins they will have trouble selling. The current fad of condition makes it easier to sell a $100 coin than a $10 coin at least when the people who are looking for cheap things do not waste their time looking at the offerings of sellers who only have expensive items. It costs them as much to handle a $50 coin as a $500 one so the reward for doing it simply is not there. There are dealers who buy and sell mostly lower end material but they are not the names you know. Even that group will pay a fraction of what you paid since they are in it for profit (as a business should be). If you want someone to buy and sell at little or no mark-up, trade with your friends or other collectors interested in getting rid of duplicates or things they have 'outgrown'. Even then you will have to cover costs like postage and PayPal. We all have surplus coins but most people do not want other people's cast offs so the value of most coins we buy is 'educational' rather than 'monetary'. I have enough coins I don't want that I do not need to buy more. If you are in it for profit, you are in the wrong hobby and should not continue.[/QUOTE]</p><p><br /></p>
[QUOTE="dougsmit, post: 2352594, member: 19463"]The deal as I see it is people who do collect mid grade and lower price coins do not spend a lot of money with the big auction houses so the dealers are not rewarded for buying coins they will have trouble selling. The current fad of condition makes it easier to sell a $100 coin than a $10 coin at least when the people who are looking for cheap things do not waste their time looking at the offerings of sellers who only have expensive items. It costs them as much to handle a $50 coin as a $500 one so the reward for doing it simply is not there. There are dealers who buy and sell mostly lower end material but they are not the names you know. Even that group will pay a fraction of what you paid since they are in it for profit (as a business should be). If you want someone to buy and sell at little or no mark-up, trade with your friends or other collectors interested in getting rid of duplicates or things they have 'outgrown'. Even then you will have to cover costs like postage and PayPal. We all have surplus coins but most people do not want other people's cast offs so the value of most coins we buy is 'educational' rather than 'monetary'. I have enough coins I don't want that I do not need to buy more. If you are in it for profit, you are in the wrong hobby and should not continue.[/QUOTE]
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