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<p>[QUOTE="GDJMSP, post: 1604861, member: 112"]No, that's not it. Dealers want you to give them a want list so they can actively seek out (elsewhere) the specific coins you want.</p><p><br /></p><p>What you have to understand is that somebody, someplace, has the coins you want - in the grade you want & at the price you want. And dealers have contacts with hundreds or even thousands of other dealers. And 1 or more of them is going to have that coin or coins. So your dealer will buy from him/them and get you your coins.</p><p><br /></p><p>It's a very efficient method, for you and the dealer. Your dealer, and that means everybody's dealer, doesn't have to worry about tying up his capital and keeping coins in inventory that nobody may buy for months, or even years. But if you want a particular coin, rest assured he can get it for you, and usually very quickly.</p><p><br /></p><p>This method, the want list, is what allows coin dealers to function and to stay in business. And it is also the method that allows astute collectors to assemble their collections. And it works extremely well !</p><p><br /></p><p>Problem is in this day and age people are too lazy or in too dang big of a hurry to take the time to write a want list and give it to their dealer. So instead they end up buying crap or over-paying for a coin and then think to themselves about how good they did. When they could have done much better, and usually faster in the end, with a minimal output of effort and just a little patience.</p><p><br /></p><p>Any numismatic book you pick up, any experienced numismatist, any numismatic expert, they will all tell you the same thing. Establish relationships with trusted dealers, and use a want list, if you want to assemble a nice collection at a fair price.</p><p><br /></p><p>It's the horse and water analogy - there's the water, right in front of you. But it is up to you to drink it <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie2" alt=";)" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 1604861, member: 112"]No, that's not it. Dealers want you to give them a want list so they can actively seek out (elsewhere) the specific coins you want. What you have to understand is that somebody, someplace, has the coins you want - in the grade you want & at the price you want. And dealers have contacts with hundreds or even thousands of other dealers. And 1 or more of them is going to have that coin or coins. So your dealer will buy from him/them and get you your coins. It's a very efficient method, for you and the dealer. Your dealer, and that means everybody's dealer, doesn't have to worry about tying up his capital and keeping coins in inventory that nobody may buy for months, or even years. But if you want a particular coin, rest assured he can get it for you, and usually very quickly. This method, the want list, is what allows coin dealers to function and to stay in business. And it is also the method that allows astute collectors to assemble their collections. And it works extremely well ! Problem is in this day and age people are too lazy or in too dang big of a hurry to take the time to write a want list and give it to their dealer. So instead they end up buying crap or over-paying for a coin and then think to themselves about how good they did. When they could have done much better, and usually faster in the end, with a minimal output of effort and just a little patience. Any numismatic book you pick up, any experienced numismatist, any numismatic expert, they will all tell you the same thing. Establish relationships with trusted dealers, and use a want list, if you want to assemble a nice collection at a fair price. It's the horse and water analogy - there's the water, right in front of you. But it is up to you to drink it ;)[/QUOTE]
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