Hypothetical coin deal
Longacre
Posts: 16,717 ✭✭✭
Does anyone think it would be interesting to have a thread on a hypothetical coin deal and have a discussion on how you would transact the deal? For example, I was hoping to have a "fact pattern" consisting of:
(1) a group of 10 coins that you own that you want to sell or trade (including dates, grades, etc.).
(2) the current bid prices for each of those coins
(3) a group of 5 coins that you are looking to purchase from Dealer A (including dates, grades, etc.)
(4) a group of 2 coins that you are looking to purchase from Dealer B (including dates, grades, etc.)
(5) a certain amount of cash that you have on hand to use in the deal, if necessary
(6) credit cannot be used
It's somewhat difficult for me to come up with the specifics of items 1-6 above, seeing that I have never been involved in a 3 party deal. I am sure that many of the major dealers on this board have done lots of these types of deals, so maybe someone can assist in posting the specifics in items 1-6 and then the discussion can start on how to transact the deal. I think it would be interesting to see how many variations on the same deal people can come up with and the reasons why the deal was done a certain way versus another. Did any of this make sense?
(1) a group of 10 coins that you own that you want to sell or trade (including dates, grades, etc.).
(2) the current bid prices for each of those coins
(3) a group of 5 coins that you are looking to purchase from Dealer A (including dates, grades, etc.)
(4) a group of 2 coins that you are looking to purchase from Dealer B (including dates, grades, etc.)
(5) a certain amount of cash that you have on hand to use in the deal, if necessary
(6) credit cannot be used
It's somewhat difficult for me to come up with the specifics of items 1-6 above, seeing that I have never been involved in a 3 party deal. I am sure that many of the major dealers on this board have done lots of these types of deals, so maybe someone can assist in posting the specifics in items 1-6 and then the discussion can start on how to transact the deal. I think it would be interesting to see how many variations on the same deal people can come up with and the reasons why the deal was done a certain way versus another. Did any of this make sense?
Always took candy from strangers
Didn't wanna get me no trade
Never want to be like papa
Working for the boss every night and day
--"Happy", by the Rolling Stones (1972)
Didn't wanna get me no trade
Never want to be like papa
Working for the boss every night and day
--"Happy", by the Rolling Stones (1972)
0
Comments
Sounds way too confusing, but if you could throw in a return on a done deal, it might gain merit.
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