Message:

<p>[QUOTE=&quot;washington7650, post: 220170, member: 8706&quot;]<b>Why would you care about 1 dealers opinion when ebay</b></p><p><br /></p><p>has tens of thousands of people making the market each day??&nbsp;&nbsp; </p><p><br /></p><p>&quot;I called a local dealer I know pretty well and asked his opinion. He won&#039;t buy them, doesn&#039;t consider them a true error, and knows no other dealers buying.</p><p><br /></p><p>The problem with the old traditional dealers is that they are still old school, they aren&#039;t caught up with the ebay phenomenon which controls the coin prices.&nbsp;&nbsp; Why would a dealer want to buy an ms65 for anyways from someone.&nbsp;&nbsp; For example, if I went to a show and I know I could sell a 65 on ebay for $150 and a dealer needed to offer me $100 to make his profit why would I want to sell to him when I can throw it on ebay for $150?&nbsp;&nbsp; It is only basic human nature for dealers to be jealous from what I found in the past because many of them typically buy tons of rolls of new uncirculated coins and with these Washington no edge errors a few dealers in jacksonville hit the jackpot that they never expected while the rest of the dealers sitting on many of these rolls came up empty handed.&nbsp;&nbsp; If you were a dealer wouldn&#039;t you love to buy $2000 worth of Washington dollars or 80 rolls with the expectations of making a few bucks on each roll and then bang all of a sudden you realize in your area they are finding these washington errors and all of a sudden your 80 rolls have 500 errors in them that are worth $100,000 instead of the few hundred you orginally anticipated on only making?&nbsp; Well this happened in FL and the rest of the country had to sit back and watch while they struck gold and only dream if it had been them.&nbsp;&nbsp; Of course, it is human nature for every dealer across the country to wish that they had showed up in their area and they had also struck gold, but of course it didn&#039;t happen that way, so how do you expect dealers to react?&nbsp; Through jealousy and putting the coin down which is basic human nature.&nbsp; &nbsp; Once again, no one needs a dealers business anyways when they can go on ebay and dump it in less than 24 hours and the dealers know that their low ball offer will most likely be rejected anyways&nbsp; because most people know about ebay and whbat the going rates are, so most dealers know they can&#039;t make money on buying coins that are readily available on ebay.&nbsp;&nbsp; I traded in the nasdaq for over 10 years and when the internet boom came along all the old schoolers were laughing the stocks off claiming that they would be worth nothing in a few years and while they kept laughing stocks went from pennies to hundreds of dollars creating thousands of millionaires throughout the US.&nbsp;&nbsp; I&#039;m buying as many as I can get my hands on within my financial means and I could careless what any dealer thinks, but instead what ebay thinks which is where the true market is for coins.[/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