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<p>[QUOTE=&quot;elaine 1970, post: 632799, member: 7678&quot;]to know how it works.</p><p><br /></p><p>example: let&#039;s use the coin dealer newsletter:</p><p><br /></p><p>silver coins:&nbsp; bid $100.00&nbsp; ask $110.00&nbsp;&nbsp; =&nbsp; those prices are for licensed dealers use only.&nbsp; since we are only the collectors or general public.&nbsp; the formula will be.&nbsp; if you want to sell.&nbsp; most likely the dealer or store owner will buy from you 10% below $100.00 (if they need it badly) 20% below $100.00 (if they have stocks).&nbsp; now if you want to buy from them.&nbsp; mostly likely they will sell to you at 25% to 33% over ask price of $110.00.&nbsp; and if you lucky enough.&nbsp; you might get it for 10% over ask price or lesser.&nbsp; for gold coins.&nbsp; the gap will not be that high in percentage.</p><p><br /></p><p>if you buy a coin for $133.00 at high end.&nbsp; and you sell that coin at low end for $80.00.&nbsp; you going to lose 40% for that the same piece of coin.&nbsp; so it is very hard to make a profit.&nbsp; but most people were collectors.&nbsp; they don&#039;t care about profit or loss.&nbsp; they just want to collect them as a hobby.[/QUOTE]</p><p><br /></p>

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