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<p>[QUOTE="TAS2826, post: 123806, member: 3805"]So, back to my original question. Joe Public walks into a coin dealer with a bag of 5000 wheaties, all rolled, and wants to sell them. John Dealer looks at the bag, figures there is no way he can sit there and go through them right then, and he really has no idea if it is all wheat cents or what is really in there. So, he offers $.015 each, or a cent and a half a piece for $75. Joe Public takes the deal. </p><p><br /></p><p>John Dealer then has this bag of wheat cents. The dealer goes through a couple of rolls, sees nothing special and decides for him the best is to just turn around the lot. So, he prices then at $.05 each or $250 for the bag. So, John Doe walk in the door and sees the bag and wants to purchase it. But he thinks, wow, $.05 each seems a little steep! So, he offers the dealer $.03 each or $150. So the following questions</p><p><br /></p><p>1. Would the offer the dealer made for the lot be in line with what a real dealer might offer in a similar situation?</p><p><br /></p><p>2. Would a dealer evaluate a bag of wheaties in this way, look at a small sampling and then just try to turn the lot if it seemed there was nothing special?</p><p><br /></p><p>3. Would the dealer likely take the $150 offer? That still puts him at a profit double what he paid.[/QUOTE]</p><p><br /></p>
[QUOTE="TAS2826, post: 123806, member: 3805"]So, back to my original question. Joe Public walks into a coin dealer with a bag of 5000 wheaties, all rolled, and wants to sell them. John Dealer looks at the bag, figures there is no way he can sit there and go through them right then, and he really has no idea if it is all wheat cents or what is really in there. So, he offers $.015 each, or a cent and a half a piece for $75. Joe Public takes the deal. John Dealer then has this bag of wheat cents. The dealer goes through a couple of rolls, sees nothing special and decides for him the best is to just turn around the lot. So, he prices then at $.05 each or $250 for the bag. So, John Doe walk in the door and sees the bag and wants to purchase it. But he thinks, wow, $.05 each seems a little steep! So, he offers the dealer $.03 each or $150. So the following questions 1. Would the offer the dealer made for the lot be in line with what a real dealer might offer in a similar situation? 2. Would a dealer evaluate a bag of wheaties in this way, look at a small sampling and then just try to turn the lot if it seemed there was nothing special? 3. Would the dealer likely take the $150 offer? That still puts him at a profit double what he paid.[/QUOTE]
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