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<p>[QUOTE=&quot;GDJMSP, post: 4040820, member: 112&quot;]No, they don&#039;t. </p><p><br /></p><p><br /></p><p><br /></p><p>No, and that&#039;s not what always happens. In many cases dealers sell at a loss, or break even, just to get rid of the inventory so they can buy something else. Now along the way one dealer or another may sell to another dealer for a profit, but that&#039;s not what usually happens. If it did prices would/could only move one direction. But they don&#039;t, prices go up and they go down, and sometimes (like the last 12 years) they go down for a long time.</p><p><br /></p><p>Now you may think that dealers can&#039;t afford to sell at a loss. But reality is they can&#039;t afford not to ! For one thing they absolutely have to get rid of inventory that isn&#039;t moving. And for another, they get a tax write off on those losses, which offsets the profits they make on others. Selling at a loss, is simply good business and a big part of business.</p><p><br /></p><p><br /></p><p><br /></p><p>And you won&#039;t. But that&#039;s because auction house estimates are always, and always have been - low ! And they are low quite intentionally. If estimates were actually accurate - nobody would bother bidding on the coins because they wouldn&#039;t be willing to pay that much for them. Low estimates encourage bidding - that is their very purpose.[/QUOTE]</p><p><br /></p>

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