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<p>[QUOTE="Vegas Vic, post: 1989926, member: 58810"]I'm pretty sure we are on the same page here. I think the small differences are just because of collecting strategy. You have coins you want, and thus need to find them. If you need a certain coin I can see how one venue would be better then another. </p><p><br /></p><p>My collecting style is different. I collect pretty coins not otherwise specified. I have no want lists I have no coins on a want list. As a free range collector because I have no real constraints it is easier for me to collect. So I have no venue needs nor restrictions. </p><p><br /></p><p>What I can say is this. I'm dropping my second batch of coins on ebay now. Some will be bought by collectors. Not all but some. Why is this important? The one and only function of a coin dealer is to act as a bridge between collectors. I don't know who wants to buy and they don't know who wants to sell. So the coin dealers job is to facilitate the transaction. I'm not saying this with judgement. Every job has a purpose. I'm trying to identify the value and the purpose of the dealer. Why they are paid. What they do. I have nothing for or against the concept of a facilitater of a transaction. I've used title companies buying a house. I understand that some transactions need facilitation. </p><p><br /></p><p>In the past all coin transactions were done either via large auction house or dealer. But today there is a third option and the number of collector to collector transactions is just increasing. </p><p><br /></p><p>It is just simple math. I want more money. On line I am getting 87% of retail. With selling coins in the past I can say in my experience I am pretty sure I never got this high a percent from a dealer. Further, with my first batch of ebay coin sales I can say I got more money through ebay than I was offered at the show. </p><p>Does this mean dealers are going to go out of business? Probably not. But it does mean with time there will be increasing market pressure to decrease margins. Anytime a job is mechanized the need for people and the margins both go down. I doubt coins will be the exception to the rule. It really is a new day.[/QUOTE]</p><p><br /></p>
[QUOTE="Vegas Vic, post: 1989926, member: 58810"]I'm pretty sure we are on the same page here. I think the small differences are just because of collecting strategy. You have coins you want, and thus need to find them. If you need a certain coin I can see how one venue would be better then another. My collecting style is different. I collect pretty coins not otherwise specified. I have no want lists I have no coins on a want list. As a free range collector because I have no real constraints it is easier for me to collect. So I have no venue needs nor restrictions. What I can say is this. I'm dropping my second batch of coins on ebay now. Some will be bought by collectors. Not all but some. Why is this important? The one and only function of a coin dealer is to act as a bridge between collectors. I don't know who wants to buy and they don't know who wants to sell. So the coin dealers job is to facilitate the transaction. I'm not saying this with judgement. Every job has a purpose. I'm trying to identify the value and the purpose of the dealer. Why they are paid. What they do. I have nothing for or against the concept of a facilitater of a transaction. I've used title companies buying a house. I understand that some transactions need facilitation. In the past all coin transactions were done either via large auction house or dealer. But today there is a third option and the number of collector to collector transactions is just increasing. It is just simple math. I want more money. On line I am getting 87% of retail. With selling coins in the past I can say in my experience I am pretty sure I never got this high a percent from a dealer. Further, with my first batch of ebay coin sales I can say I got more money through ebay than I was offered at the show. Does this mean dealers are going to go out of business? Probably not. But it does mean with time there will be increasing market pressure to decrease margins. Anytime a job is mechanized the need for people and the margins both go down. I doubt coins will be the exception to the rule. It really is a new day.[/QUOTE]
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