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<p>[QUOTE="National dealer, post: 4297, member: 487"]Well let me throw this thought into the forray. Buying coins using the Red Book as a guide is by far not your best choice. This is a once a year retail guide. While I absolutely recommend the Red Book for referrence, it should NEVER be used for prices. Maybe you have not noticed the price increases that have taken place in the past twelve months. With the precious metals market at levels not seen in years, the prices are skyrocketing. </p><p><br /></p><p>I here all sorts of horror stories about dealers ripping off customers. 9 times out of 10, it is not the dealer buying the coins, but the customer having paid way too much for it. No dealer will pay retail prices when buying. If we did, we would not be dealers very long. </p><p><br /></p><p>This is not an easy business by any means. A great one, yes, but not easy. We are called Charlatans because we don't pay TV prices. </p><p><br /></p><p>The only way to buy and sell coins ( whether dealer or collector) is to know and understand the business. Yes, it is a business. Education and knowledge are essential. If you are paying Red Book prices for your coins, then it is you that is ripping yourself off.</p><p><br /></p><p>Now I do not mean to offend you or anyone else by these statements. </p><p><br /></p><p>This is just a subject that gets brought up way too often, and can be traced back directly to a lack of knowledge.[/QUOTE]</p><p><br /></p>
[QUOTE="National dealer, post: 4297, member: 487"]Well let me throw this thought into the forray. Buying coins using the Red Book as a guide is by far not your best choice. This is a once a year retail guide. While I absolutely recommend the Red Book for referrence, it should NEVER be used for prices. Maybe you have not noticed the price increases that have taken place in the past twelve months. With the precious metals market at levels not seen in years, the prices are skyrocketing. I here all sorts of horror stories about dealers ripping off customers. 9 times out of 10, it is not the dealer buying the coins, but the customer having paid way too much for it. No dealer will pay retail prices when buying. If we did, we would not be dealers very long. This is not an easy business by any means. A great one, yes, but not easy. We are called Charlatans because we don't pay TV prices. The only way to buy and sell coins ( whether dealer or collector) is to know and understand the business. Yes, it is a business. Education and knowledge are essential. If you are paying Red Book prices for your coins, then it is you that is ripping yourself off. Now I do not mean to offend you or anyone else by these statements. This is just a subject that gets brought up way too often, and can be traced back directly to a lack of knowledge.[/QUOTE]
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