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<p>[QUOTE=&quot;oval_man, post: 1073511, member: 22602&quot;]I&#039;m still skeptical of your &quot;20% less than retail&quot; figure (as a guide to what a dealer will pay for a coin) at least when talking about lower-end material. And let&#039;s face it, lower-end material is what most collectors want to cull from their collections and what you mostly see at shows.</p><p><br /></p><p>Let&#039;s use your example of a $200 threshold. I&#039;ve bought PQ slabbed coins in that range from local dealers (at shows) who, as I said earlier, consistently sell around Greysheet bid. If you&#039;re saying that &quot;retail&quot; is 10-20% above Greysheet (I&#039;m assuming you mean ask or between bid and ask)—and I totally agree that that&#039;s a useful definition of retail—that means that these dealers should be buying back at between bid and ask (20% less than retail).</p><p><br /></p><p>But I&#039;m buying coins at bid from them. And I think auction prices are consistent with this: on ebay and Heritage, I see a lot of common stuff (such as gem Morgans or Walkers) going for around bid.</p><p><br /></p><p>So If coins are selling for bid, dealers are going to offer less than bid—maybe 80%—and therefore much less than retail for them, again, we&#039;re back to 60 or 65%. This seems to be, in my experience, also consistent with the Bluesheet.</p><p><br /></p><p>I&#039;m just playing devil&#039;s advocate here because I&#039;ve also considered selling off some coins on ebay. I still don&#039;t want the hassle of doing that and would rather sell to a dealer, but Rhino does have an argument that you can recoup more selling collector to collector.[/QUOTE]</p><p><br /></p>

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