Offer to a Dealer - Resolution Reached
I have a question especially for those of you who may have experience as a dealer, which I do not. I located a coin on line that has a TrueView available. It has great eye appeal, no CAC and I am comfortable with the grade. The offer is from a large, respected dealer who also has a B&M shop. After researching current retail prices published by all of the sources that I use, PCGS, NGC, CDN, etc. as well as recent auction results which are very consistent, a fair retail appears to be $4.5K or at most $5K. The dealer is asking $7K. I don't want to be insulting so am reluctant to make an offer since I hardly ever see such a discrepancy. Why would the asking be so high and should I pursue this?