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<p>[QUOTE=&quot;GDJMSP, post: 2146, member: 112&quot;]Larry - </p><p><br /></p><p>I sure won&#039;t claim to be an expert either - but it&#039;s obvious how they make their money isn&#039;t it ? They sell for more than they pay. </p><p><br /></p><p>One thing many collectors don&#039;t realize is that dealers buy most of their coins from other dealers - not from collectors. And since they buy from other dealers they get wholesale prices. Just like any business does. </p><p><br /></p><p>Any collector that thinks they can go to a dealer to sell their coins and get the same price that the dealer sells the coins for is not thinking clearly. It&#039;s just not gonna happen. The dealer knows what coin will sell for so there is no way they will pay retail prices to the collector. If they did - they&#039;d soon be out of business.</p><p><br /></p><p>Now I&#039;ll readily admit - there are a fair share of dealers out there who will not pay fair prices to collectors. Understand fair does not equal retail - it means the average buy price. These prices are publicized so it is a simple matter to look them up and verify them in the CDN - Coin Dealer Newsletter. And there are dealers who will still play the grade game - it&#039;s a 62 when you want to sell to them and a 64 when you want to buy from them. </p><p><br /></p><p>But by the same token there are dealers who will pay fair prices. And as Peter said - it depends on the coin as to which dealer you sell to or buy from. But none of them will pay retail.[/QUOTE]</p><p><br /></p>

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