<< <i>That's not a lot of business, and you're not merely a collector -- you are an ingorant, hypocritical flipper who doesn't like it when others play the same game you are playing.
Do you undestand yet? >>
If you consider ME a dealer, then I guess any collector who has ever sold a coin in his life is a dealer as well. I have a full time job, I have never once set up a table at a show, nor have I ever once shopped a coin to dealers at a show. I have never filled anyone's "wish list", nor have I ever bought a collection with intent to resell. I HAVE sold coins I was no longer interested in, I HAVE sold duplicates of coins I had upgraded, and I DO resell items that I can buy multiples of that I know I wont be stuck with. If you "net" out the amount of cash that goes towards buying coins versus the amount of cash that is generated from my selling of coins on a yearly basis, allow me to ASSURE you that its at least 5 to 1 if not 10 to 1. Please enlighten me as to how you categorize a guy who buys 5 times as much as he sells a "dealer". Doesnt the term "dealer" imply a positive cash flow for the purposes of making a net gain from year to year? Mike, one thing i've learned from our debate is that you really arent too sharp.
<< <i>Please enlighten me as to how you categorize a guy who buys 5 times as much as he sells a "dealer". >>
Your choice between "part time dealer" or "vest pocket dealer." You also own an eBay store, and your last 25 feedbacks (going back to June 26) are partly consitituted by sales amounting to roughly $5,000.
<< <i>That's not a lot of business, and you're not merely a collector -- you are an ingorant, hypocritical flipper who doesn't like it when others play the same game you are playing.
Do you undestand yet? >>
If you consider ME a dealer, then I guess any collector who has ever sold a coin in his life is a dealer as well. I have a full time job, I have never once set up a table at a show, nor have I ever once shopped a coin to dealers at a show. I have never filled anyone's "wish list", nor have I ever bought a collection with intent to resell. I HAVE sold coins I was no longer interested in, I HAVE sold duplicates of coins I had upgraded, and I DO resell items that I can buy multiples of that I know I wont be stuck with. If you "net" out the amount of cash that goes towards buying coins versus the amount of cash that is generated from my selling of coins on a yearly basis, allow me to ASSURE you that its at least 5 to 1 if not 10 to 1. Please enlighten me as to how you categorize a guy who buys 5 times as much as he sells a "dealer". Doesnt the term "dealer" imply a positive cash flow for the purposes of making a net gain from year to year? Mike, one thing i've learned from our debate is that you really arent too sharp. >>
Apparently you have a problem with reading comprehension, too. I never called you a dealer -- I called you an ignorant, hypocritical flipper (among other things).
Your dimwitted friend (who knows the difference between a sight-seen and sight-unseen bid)....Mike
Collector of Large Cents, US Type, and modern pocket change.
"$625 doesn't mean anything. In the end, the only number that matters is profit margin.
Your right that I can only count the number of customers who consistently spend $625 a month with my fingers. But I'd need multiple sets of fingers and toes to count the number of people I'm able to make $40 a month from. "
Point taken and agreed upon Will. That just goes to show you that im not a fish. Im happy you have countless clients that you shear for $40/month. Im almost certain that you are a good businessman and that you do in fact earn your money. Im just a tad bit sharper, i'd like to think, in that I WONT be financing your early retirement because I wont roll over and accept an offer of HALF of the fair market value on my items. Apparently alot of people will though. And thats what enables you to make a living at what you do rather than being out digging holes, catching bad guys, creating ad campaigns, cleaning people's teeth, putting out fires, working in a factory, or all the other endless "real" jobs that most people hold. You play a shell game Will. Thats all you and every other coin dealer does, a shell game. "My coin is PQ and worth $$$$, and your coin is overgraded and worth $$". Some play alot more fair than others for sure. I dont know your buy/sell spreads, but I would hope that you offer more than 50% of the fair market value on key date coins that YOU specialize in.
<< <i>Please enlighten me as to how you categorize a guy who buys 5 times as much as he sells a "dealer". >>
Your choice between "part time dealer" or "vest pocket dealer." You also own an eBay store, and your last 25 feedbacks (going back to June 26) are partly consitituted by sales amounting to roughly $5,000. >>
Will, you know for a fact that those past 25 transactions are inflated because I sold most of my U.S. type collection. I wish ebay records could go back to 2005 when I joined so you could see how much I have really sold. Its nothing compared to how much I've bought in that same period in numismatics.
<< <i>I would hope that you offer more than 50% of the fair market value on key date coins that YOU specialize in. >>
And we all hope you will offer more than 50% of the fair market value on the key date coins that YOU specalize in to your bullion dealer, hypocrite.
Somehow, I find that unlikely, but a guy can always hope, can't he? >>
So when the guy who I have been buying from excessively for the past 4 years at 3% over spot has a key date coin, I should stop the presses and say "I'd like to pay 75% over spot on this coin"??? You really are a moron Michael.
Edit: I shouldnt have called you a name. That was the wrong thing to do, and I apologize for it, but I wont remove my mistake because Im man enough to admit fault without covering it up. Again, sorry about that, I got a little overheated.
<< <i>I would hope that you offer more than 50% of the fair market value on key date coins that YOU specialize in. >>
And we all hope you will offer more than 50% of the fair market value on the key date coins that YOU specalize in to your bullion dealer, hypocrite.
Somehow, I find that unlikely, but a guy can always hope, can't he? >>
So when the guy who I have been buying from excessively for the past 4 years at 3% over spot has a key date coin, I should stop the presses and say "I'd like to pay 75% over spot on this coin"??? You really are a moron Michael. >>
Yes, either that or stop condemning others from doing something similar, all the while clueless as to the difference between sight-seen and sight-unseen bids.
Moronically yours....Mike
Collector of Large Cents, US Type, and modern pocket change.
Comments
<< <i>That's not a lot of business, and you're not merely a collector -- you are an ingorant, hypocritical flipper who doesn't like it when others play the same game you are playing.
Do you undestand yet? >>
If you consider ME a dealer, then I guess any collector who has ever sold a coin in his life is a dealer as well. I have a full time job, I have never once set up a table at a show, nor have I ever once shopped a coin to dealers at a show. I have never filled anyone's "wish list", nor have I ever bought a collection with intent to resell. I HAVE sold coins I was no longer interested in, I HAVE sold duplicates of coins I had upgraded, and I DO resell items that I can buy multiples of that I know I wont be stuck with. If you "net" out the amount of cash that goes towards buying coins versus the amount of cash that is generated from my selling of coins on a yearly basis, allow me to ASSURE you that its at least 5 to 1 if not 10 to 1. Please enlighten me as to how you categorize a guy who buys 5 times as much as he sells a "dealer". Doesnt the term "dealer" imply a positive cash flow for the purposes of making a net gain from year to year? Mike, one thing i've learned from our debate is that you really arent too sharp.
60 years into this hobby and I'm still working on my Lincoln set!
<< <i>Please enlighten me as to how you categorize a guy who buys 5 times as much as he sells a "dealer". >>
Your choice between "part time dealer" or "vest pocket dealer." You also own an eBay store, and your last 25 feedbacks (going back to June 26) are partly consitituted by sales amounting to roughly $5,000.
<< <i>
<< <i>That's not a lot of business, and you're not merely a collector -- you are an ingorant, hypocritical flipper who doesn't like it when others play the same game you are playing.
Do you undestand yet? >>
If you consider ME a dealer, then I guess any collector who has ever sold a coin in his life is a dealer as well. I have a full time job, I have never once set up a table at a show, nor have I ever once shopped a coin to dealers at a show. I have never filled anyone's "wish list", nor have I ever bought a collection with intent to resell. I HAVE sold coins I was no longer interested in, I HAVE sold duplicates of coins I had upgraded, and I DO resell items that I can buy multiples of that I know I wont be stuck with. If you "net" out the amount of cash that goes towards buying coins versus the amount of cash that is generated from my selling of coins on a yearly basis, allow me to ASSURE you that its at least 5 to 1 if not 10 to 1. Please enlighten me as to how you categorize a guy who buys 5 times as much as he sells a "dealer". Doesnt the term "dealer" imply a positive cash flow for the purposes of making a net gain from year to year? Mike, one thing i've learned from our debate is that you really arent too sharp. >>
Apparently you have a problem with reading comprehension, too. I never called you a dealer -- I called you an ignorant, hypocritical flipper (among other things).
Your dimwitted friend (who knows the difference between a sight-seen and sight-unseen bid)....Mike
Your right that I can only count the number of customers who consistently spend $625 a month with my fingers. But I'd need multiple sets of fingers and toes to count the number of people I'm able to make $40 a month from. "
Point taken and agreed upon Will. That just goes to show you that im not a fish. Im happy you have countless clients that you shear for $40/month. Im almost certain that you are a good businessman and that you do in fact earn your money. Im just a tad bit sharper, i'd like to think, in that I WONT be financing your early retirement because I wont roll over and accept an offer of HALF of the fair market value on my items. Apparently alot of people will though. And thats what enables you to make a living at what you do rather than being out digging holes, catching bad guys, creating ad campaigns, cleaning people's teeth, putting out fires, working in a factory, or all the other endless "real" jobs that most people hold. You play a shell game Will. Thats all you and every other coin dealer does, a shell game. "My coin is PQ and worth $$$$, and your coin is overgraded and worth $$". Some play alot more fair than others for sure. I dont know your buy/sell spreads, but I would hope that you offer more than 50% of the fair market value on key date coins that YOU specialize in.
<< <i>I would hope that you offer more than 50% of the fair market value on key date coins that YOU specialize in. >>
And we all hope you will offer more than 50% of the fair market value on the key date coins that YOU specalize in to your bullion dealer, hypocrite.
Somehow, I find that unlikely, but a guy can always hope, can't he?
<< <i>
<< <i>Please enlighten me as to how you categorize a guy who buys 5 times as much as he sells a "dealer". >>
Your choice between "part time dealer" or "vest pocket dealer." You also own an eBay store, and your last 25 feedbacks (going back to June 26) are partly consitituted by sales amounting to roughly $5,000. >>
Will, you know for a fact that those past 25 transactions are inflated because I sold most of my U.S. type collection. I wish ebay records could go back to 2005 when I joined so you could see how much I have really sold. Its nothing compared to how much I've bought in that same period in numismatics.
<< <i>
<< <i>I would hope that you offer more than 50% of the fair market value on key date coins that YOU specialize in. >>
And we all hope you will offer more than 50% of the fair market value on the key date coins that YOU specalize in to your bullion dealer, hypocrite.
Somehow, I find that unlikely, but a guy can always hope, can't he? >>
So when the guy who I have been buying from excessively for the past 4 years at 3% over spot has a key date coin, I should stop the presses and say "I'd like to pay 75% over spot on this coin"??? You really are a moron Michael.
Edit: I shouldnt have called you a name. That was the wrong thing to do, and I apologize for it, but I wont remove my mistake because Im man enough to admit fault without covering it up. Again, sorry about that, I got a little overheated.
<< <i>
<< <i>
<< <i>I would hope that you offer more than 50% of the fair market value on key date coins that YOU specialize in. >>
And we all hope you will offer more than 50% of the fair market value on the key date coins that YOU specalize in to your bullion dealer, hypocrite.
Somehow, I find that unlikely, but a guy can always hope, can't he? >>
So when the guy who I have been buying from excessively for the past 4 years at 3% over spot has a key date coin, I should stop the presses and say "I'd like to pay 75% over spot on this coin"??? You really are a moron Michael. >>
Yes, either that or stop condemning others from doing something similar, all the while clueless as to the difference between sight-seen and sight-unseen bids.
Moronically yours....Mike