Message:

<p>[QUOTE=&quot;The_Cave_Troll, post: 57406, member: 1674&quot;]Think of it like this.&nbsp; I am a dealer and you are a dealer and Joe Schmo is a buyer and Jack Schmack is a different buyer.&nbsp; I deal mostly in old US gold coins (saints, indians, liberties, et al) and you deal mostly in moderns (proof and mint sets and MS/PF 69 and 70 coins).&nbsp; Joe is a frequent customer of mine since I sell a lot of what he collects and regularly have his needs in stock (or at least can quickly get them), and the same goes for Jack with you.&nbsp; He is putting together registry sets of modern clad coinage and you always have what he wants.&nbsp; Anyway, one day a local collector in my community passes away and his family brings his coin collection to me to sell it.&nbsp; I&#039;m interested because it has a pretty wide selection of US gold and I know that Joe will be interested so I purchase the lot.&nbsp; After cataloging it all I find a number of modern coins including a couple of 99 Silver proof sets and the 2004 and 2005 westward journey coin and medal sets.&nbsp; these are really good coins and I know they are valuable, but the people that walk into my shop just aren&#039;t interested, so I look through the list of dealers I&#039;ve worked with in the past and find you.&nbsp; I remember that you sell a lot of mdern stuff and so I contact you with an offer.&nbsp; You accept and relieve me of coins that while valuable were not helping me be profitable, even though you can sell them at a good profit.</p><p><br /></p><p>Does that make sense?</p><p><br /></p><p>Basically, dealing is about connecting buyers and sellers and the biggest profits are in being the only middle man between them, but if you can&#039;t be the only middle man then you lose some of the profit by bringing in a second middle man, but that is always preferable to sitting on &quot;great&quot; coins that you can&#039;t find a buyer for, and then going out of business.[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in