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You guys would LOVE my new dealer.
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<p>[QUOTE="umtrr-author, post: 270768, member: 5719"]I was thinking about this a little more... </p><p><br /></p><p>If the dealer is high end, and therefore isn't going to work with the more common items, then giving out "special change" may actually be a very cost effective way to deal with those common numismatic items. </p><p><br /></p><p>Considering the amount of time required to grade with reasonable accuracy, put in a 2x2 (which, it's been noted, he doesn't sell!), and price appropriately, it may be a better use of time to just give away the items as a goodwill gesture, which has been worth quite a lot of positive publicity here. </p><p><br /></p><p>Even a bulk "junk silver" selloff or melting (yikes! why even mention that!) has a time investment involved. </p><p><br /></p><p>I think it's fair to say that the number of collections and accumulations that consist of <b>only</b> high end stuff are few in number; so the dealer is likely to get those average circulated common date Mercs along with the goodies. I think the dealer is doing something that's pretty smart.</p><p><br /></p><p>He's not the only dealer who does this-- although nothing silver, one of our local dealers makes sure that YN's including Thalia Elizabeth get "special change" from their purchases. This has included Indian Head Cents, steel cents, etc.[/QUOTE]</p><p><br /></p>
[QUOTE="umtrr-author, post: 270768, member: 5719"]I was thinking about this a little more... If the dealer is high end, and therefore isn't going to work with the more common items, then giving out "special change" may actually be a very cost effective way to deal with those common numismatic items. Considering the amount of time required to grade with reasonable accuracy, put in a 2x2 (which, it's been noted, he doesn't sell!), and price appropriately, it may be a better use of time to just give away the items as a goodwill gesture, which has been worth quite a lot of positive publicity here. Even a bulk "junk silver" selloff or melting (yikes! why even mention that!) has a time investment involved. I think it's fair to say that the number of collections and accumulations that consist of [b]only[/b] high end stuff are few in number; so the dealer is likely to get those average circulated common date Mercs along with the goodies. I think the dealer is doing something that's pretty smart. He's not the only dealer who does this-- although nothing silver, one of our local dealers makes sure that YN's including Thalia Elizabeth get "special change" from their purchases. This has included Indian Head Cents, steel cents, etc.[/QUOTE]
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You guys would LOVE my new dealer.
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