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<p>[QUOTE=&quot;physics-fan3.14, post: 4937498, member: 19165&quot;]No, I don&#039;t think it&#039;s necessary.</p><p><br /></p><p>And, I&#039;d bet *every* *single* dealer you&#039;d ask would be *strongly* against this idea.</p><p><br /></p><p>First - it doesn&#039;t matter. The dealer prices a coin, the buyer decides if the coin is worth it or not. The buyer can do his (or her) own research and figure out what the coin has sold for recently. If they can find that particular example in auction records, even better. If the dealer is asking more than the buyer wants to pay, they can haggle a bit and agree on a price.</p><p><br /></p><p>For some reason, some (many?) collectors think that dealers are there to serve them hand-and-foot and the idea of profit is repulsive. Why are dealers making a profit on coins? Why are they trying to rip me off?</p><p><br /></p><p>So, Second - disclosing exactly how much profit a dealer is making on a coin opens them up to considerable scrutiny. If the coin is traceable to a recent auction (for example, I often see coins on Ebay that recently sold on Heritage), then the dealer mark-up is just begging to be ripped into. The dealer needs to make a profit to stay in business! If you wanted the coin so bad, do the work yourself and go to the estate sales, go to the auctions, open a shop, and buy your own coins at wholesale!</p><p><br /></p><p>Third - dealers buy coins at wholesale prices. They buy coins at dealer-to-dealer lower prices because dealers understand they need to make a profit.</p><p><br /></p><p>Fourth - it&#039;s none of your dang business. If it was your business, you&#039;d be a dealer! If the dealer got a great deal on a coin and then sells it to you for retail, it&#039;s just business. If you wanted the coin for the great deal, you should have been out there pounding the pavement. But if the dealer disclosed how much he paid (and he got a great deal!) then the buyer could feel entitled to pay much less because hey, the dealer got a great deal... so why shouldn&#039;t I?</p><p><br /></p><p>So.... I like that you&#039;re questioning. But, I think it&#039;s a terrible idea.</p><p><br /></p><p>And I&#039;m not even a dealer![/QUOTE]</p><p><br /></p>

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