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<p>[QUOTE=&quot;The Penny Lady®, post: 702060, member: 16948&quot;]What do you think dealers are in business for?&nbsp; Of course prices are marked up &quot;for the dealer&#039;s benefit.&quot;&nbsp; This is our job, our business, how we make a living.&nbsp; As has been discussed many times and which should be obvious, it costs money for dealers to participate in coin shows - a lot of money:&nbsp; table fees being one of the biggest expense, air travel, gas, hotel, meals, advertising, supplies, case/lamp rental fees, etc.&nbsp; That doesn&#039;t even include living expenses!&nbsp; So if we don&#039;t mark up coins, how are we going to pay our expenses, and ourselves, to keep doing this?</p><p><br /></p><p>Perhaps don&#039;t be so quick to make a reply until you&#039;ve thought it out a little more because your statements above are not very rational.</p><p><br /></p><p>And, yes, I agree there&#039;s nothing wrong with haggling, however, I don&#039;t think you need to necessarily walk away from a nice coin you&#039;re looking for just because you didn&#039;t get a reduced price on a coin - especially if it&#039;s one you&#039;ve been looking for and would fit right in with your set. </p><p><br /></p><p>I have price stickers on all my coins, and when someone asks for a better price, I usually just look at what I paid for that coin and try to reduce the marked price, if possible.&nbsp; However, there are times when I buy a coin sight unseen, and when I get it, it&#039;s not quite the grade that was advertised or not as nice as I thought, so I may not mark up that coin at all or only mark up that coin a few dollars, rather than a percentage (sometimes, I mark the price at less than what I paid if I really don&#039;t like a coin or I&#039;ve had it for a while and just want to move it).&nbsp; So when someone wants a discount on one of those coins, I probably won&#039;t be able to give one.&nbsp; </p><p><br /></p><p>Also, I have notebooks of lower priced coins (less than $20 each) that also have prices marked where my profit is maybe $1-$2 (or less), yet I still get people who get miffed because I don&#039;t reduce the price on those coins - no matter if the coin is a &quot;good deal&quot; or not.</p><p><br /></p><p>Another thing, since I do put prices on all my coins, there are times when I have had some coins for a while and, even though the price guides for those coins have risen, I may not have increased my price on the sticker unless it&#039;s a more expensive coin or a key date.&nbsp; So in those cases, the price marked may already be a good deal.</p><p><br /></p><p>I&#039;m just saying that I don&#039;t believe a collector should walk away from a coin he may like just because a dealer won&#039;t give a discount on that coin.&nbsp; It should NOT be an &quot;always&quot; or &quot;never&quot; situation as you both state - take each coin deal on an individual basis.[/QUOTE]</p><p><br /></p>

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