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Trading part of my collection for a high value coin.
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<p>[QUOTE="Collecting Nut, post: 3818343, member: 74863"]A coin dealer is in business to make money. They can't turn a profit on an even trade. Would you expect a car dealer to give you that type of deal. They must make a profit and no car dealer is going to give you the price they are selling your old car for as used. The same applies to a coin dealer. You get the lower wholesale price and he gets the retail price. You're the buyer so you make up the difference. You may get a discount but you still end up paying the difference in price.</p><p><br /></p><p>If you really want a high grade expensive coin then you really need to do your homework to get the best possible deal. But think about this first; how many buyers are out there to by that $10,000 coin from you when you want to sell? Not a lot, that I can tell you. But how many buyers can you find for lower priced coins? A whole lot more, that I can also tell you.</p><p><br /></p><p>We can't tell you what to do. It's your collection so you have to make the decision. It sounds like you have a nice collection that you are willing to part with to get the one coin. I personally would keep the collection and do without the high relief saint, but that's me.</p><p><br /></p><p>It never hurts to ask or to talk to the dealer you want to trade with. If you don't ask, it's an automatic no. Just be prepared to hear the worst from him. He has to make a profit with every deal or he'll be out of business.[/QUOTE]</p><p><br /></p>
[QUOTE="Collecting Nut, post: 3818343, member: 74863"]A coin dealer is in business to make money. They can't turn a profit on an even trade. Would you expect a car dealer to give you that type of deal. They must make a profit and no car dealer is going to give you the price they are selling your old car for as used. The same applies to a coin dealer. You get the lower wholesale price and he gets the retail price. You're the buyer so you make up the difference. You may get a discount but you still end up paying the difference in price. If you really want a high grade expensive coin then you really need to do your homework to get the best possible deal. But think about this first; how many buyers are out there to by that $10,000 coin from you when you want to sell? Not a lot, that I can tell you. But how many buyers can you find for lower priced coins? A whole lot more, that I can also tell you. We can't tell you what to do. It's your collection so you have to make the decision. It sounds like you have a nice collection that you are willing to part with to get the one coin. I personally would keep the collection and do without the high relief saint, but that's me. It never hurts to ask or to talk to the dealer you want to trade with. If you don't ask, it's an automatic no. Just be prepared to hear the worst from him. He has to make a profit with every deal or he'll be out of business.[/QUOTE]
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Trading part of my collection for a high value coin.
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