Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
Trading part of my collection for a high value coin.
>
Reply to Thread
Message:
<p>[QUOTE="TypeCoin971793, post: 3816090, member: 78244"]Selling the traded coin for $100 nets the same profit. This isn’t rocket science.</p><p><br /></p><p>In case you still aren’t seeing it, let me add more to the example.</p><p><br /></p><p>Say the dealer paid $75 for the $100 coin in his inventory. A customer walks up and wants to trade a coin he would sell for $100 for the $100 coin he already has. If he makes the even swap and later sells the coin, he still has the $25 profit. But if he only gives a $75 credit for the coin, he is DOUBLING his profit for no other reason than to milk more money from the customer. This is what I found ludicrous, and I have never tried trading coins with a dealer again. I sell the coins I no longer want myself.</p><p><br /></p><p>Now this would be understandable if the customer was wanting to trade a whole bunch of low-value stuff for a singular coin. It is far easier to make the profit on the single coin than with a whole bunch of lower value coins, so the time required for the cheaper stuff would result in a lower credit. But for two coins of the same value which would be just as easy to sell, offering a lower credit is nothing short of cheap.[/QUOTE]</p><p><br /></p>
[QUOTE="TypeCoin971793, post: 3816090, member: 78244"]Selling the traded coin for $100 nets the same profit. This isn’t rocket science. In case you still aren’t seeing it, let me add more to the example. Say the dealer paid $75 for the $100 coin in his inventory. A customer walks up and wants to trade a coin he would sell for $100 for the $100 coin he already has. If he makes the even swap and later sells the coin, he still has the $25 profit. But if he only gives a $75 credit for the coin, he is DOUBLING his profit for no other reason than to milk more money from the customer. This is what I found ludicrous, and I have never tried trading coins with a dealer again. I sell the coins I no longer want myself. Now this would be understandable if the customer was wanting to trade a whole bunch of low-value stuff for a singular coin. It is far easier to make the profit on the single coin than with a whole bunch of lower value coins, so the time required for the cheaper stuff would result in a lower credit. But for two coins of the same value which would be just as easy to sell, offering a lower credit is nothing short of cheap.[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
Trading part of my collection for a high value coin.
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...