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<p>[QUOTE=&quot;Slider, post: 1912919, member: 44205&quot;]My local dealer has always compared pricing of coins to the pricing of autos...There are wholesale, dealer, and retail prices.&nbsp; He tries to buy wholesale whenever possible, be it from other dealers or individual collectors.&nbsp; Buying wholesale from another dealer often means the seller isn&#039;t making any money, but then again, it&#039;s a well accepted practice in a variety of industries to move inventory before it sits too long, so that&#039;s not surprising.&nbsp; </p><p><br /></p><p>Dealer prices are a step above wholesale, and in those transactions, the dealer (seller) is making money, albeit at a smaller margin.&nbsp; The dealer who bought at dealer prices then has to rely on selling at retail to make money himself.&nbsp; Dealers often buy at these prices when they&#039;re shopping for specific coins for their customers.&nbsp; </p><p><br /></p><p>Retail is the price that the customer is going to pay. Obviously, with as much room as there is between retail and wholesale, the ACTUAL price you pay is likely to be dependent on your relationship with the dealer.&nbsp; </p><p><br /></p><p>To the OP&#039;s point, it seems odd that the sign presented as &quot;add 20% for retail&quot; versus &quot;discount 20% for dealers,&quot; but the pricing structure in general does not surprise me.[/QUOTE]</p><p><br /></p>

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