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The "Deal Shopping" Mentality - Helpful Insights for the New Collectors
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<p>[QUOTE="mystery45, post: 691158, member: 19591"]I guess my thing is with any investment type buyer beware.</p><p> </p><p>If i am a coin dealer i am buying or trading for coins either from a distributor or from people walking in off the street.</p><p> </p><p>I am going to auctions or coins sales and bidding on coins.</p><p> </p><p>at a show i am having to put out money in order to try an compete with 100 other dealers trying to do the same thing. I have to make money on the coins that i buy or else i lose money which i can't do.</p><p> </p><p>the buyer is always looking for bargain and the person trying to trade or sell me coins is always looking for the best price.</p><p> </p><p>if you are a collector then buying coins that you like is your key priority. if you are in it for investment buying coins at a good price that will continue to go up and you are in it for the long haul.</p><p> </p><p>as an investment it takes a bit more money since you are trying to get the best coins possible so later on you can get your money out of it and a little bit extra.</p><p> </p><p>dealer are going to price their coins to get the best value out of them. it if a very competitive market and the people that are actually dealing in them are sharp shoppers.[/QUOTE]</p><p><br /></p>
[QUOTE="mystery45, post: 691158, member: 19591"]I guess my thing is with any investment type buyer beware. If i am a coin dealer i am buying or trading for coins either from a distributor or from people walking in off the street. I am going to auctions or coins sales and bidding on coins. at a show i am having to put out money in order to try an compete with 100 other dealers trying to do the same thing. I have to make money on the coins that i buy or else i lose money which i can't do. the buyer is always looking for bargain and the person trying to trade or sell me coins is always looking for the best price. if you are a collector then buying coins that you like is your key priority. if you are in it for investment buying coins at a good price that will continue to go up and you are in it for the long haul. as an investment it takes a bit more money since you are trying to get the best coins possible so later on you can get your money out of it and a little bit extra. dealer are going to price their coins to get the best value out of them. it if a very competitive market and the people that are actually dealing in them are sharp shoppers.[/QUOTE]
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