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What is a coin wholesaler vs. coin retailer?

ERER Posts: 7,345 ✭
in U.S. Coin Forum
Anybody?

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    mdwoodsmdwoods Posts: 5,538 ✭✭✭
    I think a wholesaler would be someone who might have 500 coins slabbed at once and then sell the whole
    lot to one or two retailers to parcel out. mdwoods
    National Register Of Big Trees

    We'll use our hands and hearts and if we must we'll use our heads.
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    lordmarcovanlordmarcovan Posts: 43,414 ✭✭✭✭✭
    Wholesaler sells at wholesale, retailer sells at retail.

    Wholesale = dealer-to-dealer price (cheaper, but good luck finding TRUE wholesale out there!)

    Retail = dealer-to-customer price (more expensive).

    Just like in cars, or whatever.

    Explore collections of lordmarcovan on CollecOnline, management, safe-keeping, sharing and valuation solution for art piece and collectibles.
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    ERER Posts: 7,345 ✭
    So, a coin dealer is both a wholesaler and retailer, I guess, depending on whom he/she sells to?
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    mdwoodsmdwoods Posts: 5,538 ✭✭✭
    I would say that could definitely be true.
    National Register Of Big Trees

    We'll use our hands and hearts and if we must we'll use our heads.

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