Hypothetical question #2
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Bear
Posts: 18,953 ✭✭✭
You are in a coin store and a customer comes
in with a small assortment of coins to sell. The
are exactly what you are looking for. After the
dealer makes the purchase of the coins and
the seller leaves the store, do you:
1. Immediately offer the dealer 10% over the
purchase price of the coins.
2. Ask the dealer what they want for the batch of coins.
3. Ask to look at the coins, make small talk and
discuss the coins with the dealer in a manner as
not to indicate your interest.
4. Other
in with a small assortment of coins to sell. The
are exactly what you are looking for. After the
dealer makes the purchase of the coins and
the seller leaves the store, do you:
1. Immediately offer the dealer 10% over the
purchase price of the coins.
2. Ask the dealer what they want for the batch of coins.
3. Ask to look at the coins, make small talk and
discuss the coins with the dealer in a manner as
not to indicate your interest.
4. Other
There once was a place called
Camelot
Camelot

0
Comments
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10% over purchase price will probably be 500% less than they are worth. I would ask to look at the coins.0
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Am I regular customer at this coin store?
If so, and I'm a regular customer & I trust the dealer...#2.
If I'm new to the shop, then probably #3.
0 -
#2"Gold is money, and nothing else" (JP Morgan, 1912)
"“Those who sacrifice liberty for security/safety deserve neither.“(Benjamin Franklin)
"I only golf on days that end in 'Y'" (DE59)0 -
I would ask to look at the coins. Then, ask for a price on the ones I wanted.I collect Capped Bust series by variety in PCGS AU/MS grades.0
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<< <i>I would ask to look at the coins. Then, ask for a price on the ones I wanted. >>
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire0 -
Offer him 10% under his cost. In this market he will be happy to turn them.
Edited to add Mr. Winky. SOCIALIZED MEDICINE: The wealthiest class treats the lowest class and sends the bill to the middle class.0 -
#2When in doubt, don't.0
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