Message:

<p>[QUOTE=&quot;GDJMSP, post: 1605550, member: 112&quot;]Walmart makes money by selling at low prices, but also by selling a lot of them. In other words, volume is the answer.</p><p><br /></p><p>And I think you have a mistaken idea regarding so called wholesale prices. Example, I have seen 1 single coin be sold as many as 5 times at the same coin show. And it was sold each time to a dealer, by another dealer. And each of those dealers made money on the sale. Including the last dealer who probably sold it to a collector. Similar things happen at every coin show and they happen a lot. For that matter they happen every day on the dealer trading networks.</p><p><br /></p><p>All of us know, or should know, that retail prices for coins are not carved in stone. There is no single value that any given coin is worth. Looking at realized auction prices will show you this. It&#039;s the same thing with wholesale prices - dealer to dealer sales.</p><p><br /></p><p>Dealers rely on turnover to stay in business. And selling in volume allows them to do this. And making a little on a coin, instead of having it sit there in inventory gathering dust and tying up their capital, is the better way to go. The sale allows them to go buy another coin and make a little on that one too. Pretty soon those &quot;littles&quot; add up.</p><p><br /></p><p>Just like with Walmart <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie2" alt=";)" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>

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