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<p>[QUOTE="eddiespin, post: 2091153, member: 4920"]That's pretty much how it was. But think of this. If you knew what you were doing, you knew the grade, and you knew if it was cleaned. </p><p><br /></p><p>We negotiated a lot, then. I recall generally how we'd deal with them. We knew the grade, the likely retail value, and their margins. They were brick and mortal coin shops. You saw one Income Statement, you saw them all. What we'd offer would hit their margins on the nose. When we were selling, and they didn't buy, they'd know the shop down the street was going to buy, because our offers left them a reasonable profit. When we were buying, and a coin was overpriced, they were trying to pluck a pigeon. Unless they got lucky, that coin was going to sit there in their inventory for a long time. </p><p><br /></p><p>Part of the fun was all that. At the scale coins are traded, today, the TPGs do make the trades go easier, I will credit them for that.[/QUOTE]</p><p><br /></p>
[QUOTE="eddiespin, post: 2091153, member: 4920"]That's pretty much how it was. But think of this. If you knew what you were doing, you knew the grade, and you knew if it was cleaned. We negotiated a lot, then. I recall generally how we'd deal with them. We knew the grade, the likely retail value, and their margins. They were brick and mortal coin shops. You saw one Income Statement, you saw them all. What we'd offer would hit their margins on the nose. When we were selling, and they didn't buy, they'd know the shop down the street was going to buy, because our offers left them a reasonable profit. When we were buying, and a coin was overpriced, they were trying to pluck a pigeon. Unless they got lucky, that coin was going to sit there in their inventory for a long time. Part of the fun was all that. At the scale coins are traded, today, the TPGs do make the trades go easier, I will credit them for that.[/QUOTE]
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