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<p>[QUOTE="Burton Strauss III, post: 3512858, member: 59677"]I realize this. There are only a few dealers who have enough capital to float the kind of three table display we love.</p><p><br /></p><p>I talked to my friend - APMEX was buying everything that wasn't nailed down. It's just good business for him... he sells it above what he paid (albeit less than he might sell it for at a show - if he carts it around to 3 or 4 shows that margin is gone). Frees up working capital to buy collections and have new material at the next show.</p><p><br /></p><p> And even he shifted one of his 6 cases is pretty much all bullion- But nice stuff and not exactly the same that everybody else is selling. So he has a market.</p><p><br /></p><p><br /></p><p> Far, far better than the guy who sets up every time and not only do I recognize most of the coins in his display I know the sequence he sets them up it. He has 3 allegedly high grade 3 cents Silvers in NNC slabs. A 1851, 51O and a 53 all in alegedly MS65. The 51O is cleaned, and I haven't bothered to look at the others... If he ever sells one all 3 of his cases will have to shift around...[/QUOTE]</p><p><br /></p>
[QUOTE="Burton Strauss III, post: 3512858, member: 59677"]I realize this. There are only a few dealers who have enough capital to float the kind of three table display we love. I talked to my friend - APMEX was buying everything that wasn't nailed down. It's just good business for him... he sells it above what he paid (albeit less than he might sell it for at a show - if he carts it around to 3 or 4 shows that margin is gone). Frees up working capital to buy collections and have new material at the next show. And even he shifted one of his 6 cases is pretty much all bullion- But nice stuff and not exactly the same that everybody else is selling. So he has a market. Far, far better than the guy who sets up every time and not only do I recognize most of the coins in his display I know the sequence he sets them up it. He has 3 allegedly high grade 3 cents Silvers in NNC slabs. A 1851, 51O and a 53 all in alegedly MS65. The 51O is cleaned, and I haven't bothered to look at the others... If he ever sells one all 3 of his cases will have to shift around...[/QUOTE]
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