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Re: Are collector markups higher than dealer markups?
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Re: Are collector markups higher than dealer markups?
<< <i> Longacre would be delighted to pay a 163% markup to a dealer, but would be disgusted at paying 163% to a common collector. >> as a commoner, i'm obviously missing something... if a dealer or a collector paid $$$$$ for a coin (which should be irrelavent to the resale or qwik flip) why would the same markup paid(same… -
Re: Are collector markups higher than dealer markups?
If an auction represents a perfect market, then in theory there should not be any subsequent markup (certainly not immediately). In general, although collectors may know more about coins on a coin by coin basis, I think that dealers know the market and prices far better. Therefore, Longacre would be delighted to pay a 163%… -
Re: Are collector markups higher than dealer markups?
<< <i>If an auction represents a perfect market, then in theory there should not be any subsequent markup (certainly not immediately). In general, although collectors may know more about coins on a coin by coin basis, I think that dealers know the market and prices far better. Therefore, Longacre would be delighted to pay…
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