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Yesterdays Coin Show in Southfield MI.
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<p>[QUOTE="andrew289, post: 689872, member: 6463"]Thanks treasure. That explanation seems plausible. Words on a page can be read in many ways. It read to me like he was calling holed, bent, less than perfect coins garbage. I just don't agree with that statement at all.</p><p> </p><p>Deceptive practices have been in place for centuries (sometimes called horse trading). I don't know of a single dealer that doesn't over grade and over price when it comes to selling. You might get a nube who has no idea what he is buying and actually pay the posted price without blinking an eye. When the buyer questions the grade or points out the problem, that tips off the dealer that they are now talking to an experienced collector that knows the series he is buying and the price will ultimately get haggled down. </p><p> </p><p>I've used the used car salesman analogy for years and then a few used car dealers on here got their nickers in a bunch but hey ... its a part of American folklore that used car dealers have the reputation they have...lol.[/QUOTE]</p><p><br /></p>
[QUOTE="andrew289, post: 689872, member: 6463"]Thanks treasure. That explanation seems plausible. Words on a page can be read in many ways. It read to me like he was calling holed, bent, less than perfect coins garbage. I just don't agree with that statement at all. Deceptive practices have been in place for centuries (sometimes called horse trading). I don't know of a single dealer that doesn't over grade and over price when it comes to selling. You might get a nube who has no idea what he is buying and actually pay the posted price without blinking an eye. When the buyer questions the grade or points out the problem, that tips off the dealer that they are now talking to an experienced collector that knows the series he is buying and the price will ultimately get haggled down. I've used the used car salesman analogy for years and then a few used car dealers on here got their nickers in a bunch but hey ... its a part of American folklore that used car dealers have the reputation they have...lol.[/QUOTE]
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