Home› U.S. Coin Forum
Options

Could someone please explain....

kalshaconkalshacon Posts: 647 ✭✭✭
in U.S. Coin Forum
how a dealer or collector would "corner the market" or "run up the price" on a coin or series of coins? Do these terms mean the same thing? Thanks.
Kale

Comments

  • Options
    PentimentoPentimento Posts: 1,367
    Buy them all... ? maybe
  • Options
    itsnotjustmeitsnotjustme Posts: 8,788 ✭✭✭
    Run up the price....

    Put fake auctions on e-bay for a coin that does not trade too often. Use alternate accounts to drive a high buy price. After many fake sales, conduct a real one (possibly combined with shill bidding).
    Give Blood (Red Bags) & Platelets (Yellow Bags)!
  • Options
    commoncents05commoncents05 Posts: 10,100 ✭✭✭
    a dealer could run up the price by cornering the market. hoarding all of a particular coin that is collectible where the demand will remain constant, buy supply will decrease causing the price to increase, and because he has cornered the market, buyers must go through him to buy.

    -Paul
    Many Quality coins for sale at http://www.CommonCentsRareCoins.com

Leave a Comment

BoldItalicStrikethroughOrdered listUnordered list
Format
SpoilerCodeQuote
Heading 2Heading 1
Emoji
:):D:(;):/:o:s:p:'(:|B):#:*<3o:)>:)
Url
Image
Align leftAlign centerAlign rightToggle HTML viewToggle full pageToggle lights
Drop image/file
Home • U.S. Coin ForumComment As ...