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<p>[QUOTE=&quot;The Old Sarge, post: 408409, member: 15348&quot;]Dear Coingal;</p><p><br /></p><p>I must say that your comments are basically accurate.&nbsp; I must take exception to the use of the term &quot;vest pocket&quot; dealers since Vest Pocket Coins and Paul&#039;s Vest Pocket Coins are registered trademarks of mine and have been since 1977.&nbsp; See my comments in another reply in this thread.</p><p><br /></p><p>I am no longer a brick and mortar dealer having given up that after the 3rd robbery.&nbsp; I seriously doubt that most store front dealers hate me since I am a valuable source of coins for them as well as somebody who will buy their surplus stock and take it to shows to dispose of.&nbsp; Yes, I attend shows.&nbsp; Up until recently I did about 40 shows a year all over the southern United States.&nbsp; With the cost of gasoline, and turning 71, I have cut back to about 20-25.&nbsp; Actually, with the cost of tables, travel and gasoline, my overhear is generally higher than most store front dealers.&nbsp; My excuse?&nbsp; I enjoy it although I probably could make a case for terminal stupidity.</p><p><br /></p><p>Yes, I have had my fill of those so called dealers with grey sheets that want to buy from me at way below bid and want full ask or better for their overgraded coins.&nbsp; I simply say no thanks (politely but firmly).&nbsp; My target goal is between 5% and 10% profit per year after expensess and I work damn hard for that.&nbsp; If I sell $100,000 worth of coins per year my annual profit is usually about $7,500 or a little over $500 a month.&nbsp; That&#039;s less than the minimum wage and that is also why I am a part time, not a full time dealer (although I seem to work more hours than a full time dealer!!!)..</p><p><br /></p><p>Have you noticed the number of people that confuse markups with profit?</p><p><br /></p><p>Numismatically</p><p><br /></p><p>Paul Garner</p><p>The Old Sarge</p><p>aka Vest Pocket Coins (est 1977)[/QUOTE]</p><p><br /></p>

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