Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
What Dealers do that you dislike
>
Reply to Thread
Message:
<p>[QUOTE="Log Potato, post: 2012695, member: 26787"]There is only one thing that I carry against certain dealers. These dealers, have collections that their clients are trying to complete as well. These clients search auctions and shows for these coins, but the dealer is bidding retail against them to get the coins for his own collection. Then wants to turn around and sell his cast offs for more than what he just bought the replacement for. I have only seen this situation in the series I collect, but I bet it happens in other series. Problem is, there are people that will back off those auctions, and then buy the cast offs! It's the only reason that model works. I refuse to be part of it.</p><p><br /></p><p>The one other thing that gets me, is I know that certain dealer is hoarding a large quantity of those coins in certain grades, and they will bid up any problem free auction to keep the value in their coins. And if they win, the just mark them up and add them to inventory.[/QUOTE]</p><p><br /></p>
[QUOTE="Log Potato, post: 2012695, member: 26787"]There is only one thing that I carry against certain dealers. These dealers, have collections that their clients are trying to complete as well. These clients search auctions and shows for these coins, but the dealer is bidding retail against them to get the coins for his own collection. Then wants to turn around and sell his cast offs for more than what he just bought the replacement for. I have only seen this situation in the series I collect, but I bet it happens in other series. Problem is, there are people that will back off those auctions, and then buy the cast offs! It's the only reason that model works. I refuse to be part of it. The one other thing that gets me, is I know that certain dealer is hoarding a large quantity of those coins in certain grades, and they will bid up any problem free auction to keep the value in their coins. And if they win, the just mark them up and add them to inventory.[/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
>
Coin Chat
>
What Dealers do that you dislike
>
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...