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<p>[QUOTE=&quot;coinprez, post: 886361, member: 24991&quot;]Dealers have OVERHEAD,rent ,electricity,water,wages and so on in order to have a place to Deal from.They buy coins at wholesale or book prices and sell at retail book prices.When dealers buy,they have to hold on to that merchandise until a buyer comes wanting that particular coin.Their money is spent and they still have to pay for their overhead.The only time you can get higher prices from a dealer is when the coin(s) are in high demand or on a want list.This doesn&#039;t excuse dealers from ripoffs,but really,who doesn&#039;t want more for less.Buyer Beware!</p><p>Sellers have the responsibility to know what they have and its value,know what they want from it and realize the markdown they get from dealers because of their necessity to make a profit.It is still more profitable to sell a coin to a collector privately or through auction(set a minimum reserve price) then it is to a dealer.A dealer is a convenience when you need to sell quick and will do leg work to get you the coin you want.</p><p>Find a dealer that you can talk to and browse his wares,check out others and then pick the one that you find has the best attitude,merchandise and prices you can live with.[/QUOTE]</p><p><br /></p>

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