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<p>[QUOTE="DeLaFe, post: 1869956, member: 18106"]I was a dealer for 12 years and just shelved the business because I am doing strictly auctions now. Just about every dealer I know expects haggling. They hate it, but pricing of coins is subjective. (I dont care what blue sheet says) Granted, I specialize in ancients but at 90% of shows I set up at I was always right by world and US dealers. Dealers even haggle with each other!</p><p><br /></p><p>The problem is that the lines have gotten blurry between what a professional dealer is and a collector that thinks of himself as a dealer but actually has a fulltime job and really does "dealing" as a hobby. A dealer is a salesman in addition to being a numismatist. Unless you are dealing in commoditized products prices are not set in stone. When you go to Best Buy they are working on sometimes 2% margin. A coin dealer would go out of business working on anything less than 30% and it gets much higher the cheaper the coin because it basically takes the same amount of work and money to sell a $50 coin as it does to sell a $5,000 coin.</p><p><br /></p><p>Alfred</p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p>Sent from my SM-N900P using Tapatalk[/QUOTE]</p><p><br /></p>
[QUOTE="DeLaFe, post: 1869956, member: 18106"]I was a dealer for 12 years and just shelved the business because I am doing strictly auctions now. Just about every dealer I know expects haggling. They hate it, but pricing of coins is subjective. (I dont care what blue sheet says) Granted, I specialize in ancients but at 90% of shows I set up at I was always right by world and US dealers. Dealers even haggle with each other! The problem is that the lines have gotten blurry between what a professional dealer is and a collector that thinks of himself as a dealer but actually has a fulltime job and really does "dealing" as a hobby. A dealer is a salesman in addition to being a numismatist. Unless you are dealing in commoditized products prices are not set in stone. When you go to Best Buy they are working on sometimes 2% margin. A coin dealer would go out of business working on anything less than 30% and it gets much higher the cheaper the coin because it basically takes the same amount of work and money to sell a $50 coin as it does to sell a $5,000 coin. Alfred Sent from my SM-N900P using Tapatalk[/QUOTE]
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