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<p>[QUOTE="GDJMSP, post: 1349826, member: 112"]But you're making some assumptions there owle, and not very accurate assumptions. Example, the way Heritage makes money is quite simple. They have people they pay to be buyers. Their sole job is to go out into the market and find coins to buy. And all dealers do the same thing, even when it's them having to do it themselves.</p><p><br /></p><p>Now that sounds pretty simple but it isn't. It isn't simple because you have to do 1 of 2 things. You either have to find accurately graded coins at below market prices; or - you have find under-graded coins at market prices. Doing either of these things requires more than a good bit of knowledge. And it requires a certain amount of luck, and having a lot of established contacts.</p><p><br /></p><p>So all of the analysis in the world and all of the most sophisticated software isn't going to help either. The only thing that helps is knowing the market, and most of all knowing the coins.[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 1349826, member: 112"]But you're making some assumptions there owle, and not very accurate assumptions. Example, the way Heritage makes money is quite simple. They have people they pay to be buyers. Their sole job is to go out into the market and find coins to buy. And all dealers do the same thing, even when it's them having to do it themselves. Now that sounds pretty simple but it isn't. It isn't simple because you have to do 1 of 2 things. You either have to find accurately graded coins at below market prices; or - you have find under-graded coins at market prices. Doing either of these things requires more than a good bit of knowledge. And it requires a certain amount of luck, and having a lot of established contacts. So all of the analysis in the world and all of the most sophisticated software isn't going to help either. The only thing that helps is knowing the market, and most of all knowing the coins.[/QUOTE]
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