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Why is Morgan Dollar numismatic value dropping?
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<p>[QUOTE="GDJMSP, post: 4046176, member: 112"]If you're asking if dealers wouldn't make more money by selling a given amount to the public than they would by selling the same amount to other dealers ? Yes, they would. I've said flat out that they make a higher percentage of profit by selling to the public. </p><p><br /></p><p>But that doesn't have anything to do with what I've been talking about. I've been talking about the number of sales made, stressing that out of every 10 sales a dealer makes, 8 of those sales are to other dealers. And that doesn't have anything to do with what you're asking.</p><p><br /></p><p>But let's take your 1 million dollar number. If a dealer sells a million worth to the public and makes let's say 30% on that, that's $300,000.</p><p><br /></p><p>And if he sells a million worth to other dealers and only makes 10%, that's only $100,000. And that's kinda what you're thinking about, or what you're comparing anyway.</p><p><br /></p><p>But here's what happens, he may sell 1 million to the public (20%), but if he does he also sells 4 million worth (80%) to other dealers. And 10% of 4 million is $400,000 - compared to $300,000 from the public. So which is better ?</p><p><br /></p><p>That's what I'm talking about - 80% compared to 20% when total sales are broken down by who he actually sells to.[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 4046176, member: 112"]If you're asking if dealers wouldn't make more money by selling a given amount to the public than they would by selling the same amount to other dealers ? Yes, they would. I've said flat out that they make a higher percentage of profit by selling to the public. But that doesn't have anything to do with what I've been talking about. I've been talking about the number of sales made, stressing that out of every 10 sales a dealer makes, 8 of those sales are to other dealers. And that doesn't have anything to do with what you're asking. But let's take your 1 million dollar number. If a dealer sells a million worth to the public and makes let's say 30% on that, that's $300,000. And if he sells a million worth to other dealers and only makes 10%, that's only $100,000. And that's kinda what you're thinking about, or what you're comparing anyway. But here's what happens, he may sell 1 million to the public (20%), but if he does he also sells 4 million worth (80%) to other dealers. And 10% of 4 million is $400,000 - compared to $300,000 from the public. So which is better ? That's what I'm talking about - 80% compared to 20% when total sales are broken down by who he actually sells to.[/QUOTE]
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Why is Morgan Dollar numismatic value dropping?
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