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Re: A Controversial Article Regarding Coin Dealer Profits (Longacre will love this one)
<< <i> << <i>All this time, I thought that the average mark up was...................... 300%. >> Only when Fletcher or Dizzyfox walk through the door. Russ, NCNE >> "Post O' The Day" from another board regarding the insults quoted above ... "Then Russ insults Bidask who was only responding (in a civil manner) to a another… -
Re: A Controversial Article Regarding Coin Dealer Profits (Longacre will love this one)
Oh, and for a dealer with a storefront, there is a lot more overhead that is not included in that article. Russ, NCNE -
Re: A Controversial Article Regarding Coin Dealer Profits (Longacre will love this one)
<< <i>All this time, I thought that the average mark up was...................... 300%. >> Only when Fletcher or Dizzyfox walk through the door. Russ, NCNE -
Re: A Controversial Article Regarding Coin Dealer Profits (Longacre will love this one)
<< <i>Oh, and for a dealer with a storefront, there is a lot more overhead that is not included in that article. Russ, NCNE >> And alot more coins bought at far better prices than the ( bought at $1000 sold at $1200 example) -
Re: A Controversial Article Regarding Coin Dealer Profits (Longacre will love this one)
<< <i>1) PCGS guides, CDN, trends, , numismedia, etc) do not take into account dealers aggregate overhead cost. >> Of course they do. Price guides are based on retail market sales. Retail prices include dealer overhead. Duh. Russ, NCNE -
Re: A Controversial Article Regarding Coin Dealer Profits (Longacre will love this one)
<< <i> << <i>1) PCGS guides, CDN, trends, , numismedia, etc) do not take into account dealers aggregate overhead cost. >> Of course they do. Price guides are based on retail market sales. Retail prices include dealer overhead. Duh. Russ, NCNE >> Maybe your right, then I guess those price guides includes my cost for flying… -
Re: A Controversial Article Regarding Coin Dealer Profits (Longacre will love this one)
<< <i> << <i> << <i> << <i>1) PCGS guides, CDN, trends, , numismedia, etc) do not take into account dealers aggregate overhead cost. >> Of course they do. Price guides are based on retail market sales. Retail prices include dealer overhead. Duh. Russ, NCNE >> Maybe your right, then I guess those price guides includes my… -
Re: A Controversial Article Regarding Coin Dealer Profits (Longacre will love this one)
<< <i> << <i> << <i>1) PCGS guides, CDN, trends, , numismedia, etc) do not take into account dealers aggregate overhead cost. >> Of course they do. Price guides are based on retail market sales. Retail prices include dealer overhead. Duh. Russ, NCNE >> Maybe your right, then I guess those price guides includes my cost for… -
Re: A Controversial Article Regarding Coin Dealer Profits (Longacre will love this one)
Coins have a value, that value is whatever the market will tolerate, It has nothing to do with what a dealer paid for a coin. If he overpaid that does not mean I will over pay. If he ripped I don't expect he is going to pass that along to me. Research is up to the buyer, pay what you feel is fair or pass. I have no problem…
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