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Do Coin Dealers Charge More At Larger Shows?

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Canada
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 Posted 07/15/2017  12:25 am  Show Profile   Bookmark this reply Add Bigchip22 to your friends list
yes
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 Posted 07/15/2017  12:35 am  Show Profile   Bookmark this reply Add DBM to your friends list
no
"Dipping" is not considered cleaning...
-from PCGS website
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 Posted 07/15/2017  12:49 am  Show Profile   Bookmark this reply Add coin197 to your friends list
No, maybe actually better deals.
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 Posted 07/15/2017  04:09 am  Show Profile   Bookmark this reply Add 999fine to your friends list
Sometimes
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 Posted 07/15/2017  04:52 am  Show Profile   Bookmark this reply Add sel_69l to your friends list
"Yes"
"No"
"Sometimes"

I see the collective humor in that !
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 Posted 07/15/2017  04:55 am  Show Profile   Bookmark this reply Add MikeF to your friends list

Quote:
"Yes"
"No"
"Sometimes"

I see the collective humor in that !

LOL I was thinking the same thing. I had to double check and make sure the post wasn't a poll.
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 Posted 07/15/2017  09:08 am  Show Profile   Bookmark this reply Add Collects82 to your friends list
The only conclusion I've made is the bigger the show, the more variety. That applies to the inventory as well as the dealers. Some aim for high turnover, so price competitively. Some aim for only high end trust fund investors and truley don't want to be bothered by the other 99% of everyone there, and some treat it like any other show. Some dealers are always grumpy. Some are there to have fun. But at least there is a lot more hunting to be had!
Edited by Collects82
07/15/2017 09:12 am
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 Posted 07/15/2017  09:36 am  Show Profile   Bookmark this reply Add just carl to your friends list
Living in an area where we have very small, medium and large coin shows and I go to almost all of them, the answer is YES. And this is not only based on me but by dealers I know that go to both. And the reason is simple. At most small or just medium sized shows, dealers are usually from the area. This means they simply go there, rent a table, then leave and go home. Very little expenses. At large shows, many dealers come from far away and must find a place to stay such as motels or hotels and usually for a few days. Then too at large shows table rentals are very high, food prices must be entered in, transportation costs also are added in. All such expenses must come from somewhere and this means from the sale of coins so it becomes necessary to up the prices of the coins to pay for all this.
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 Posted 07/16/2017  12:51 am  Show Profile   Bookmark this reply Add jbuck to your friends list
I have never been to a larger show so I cannot say from experience, but I would think that prices would be better because of competition and volume. By volume, I mean dealers probably bring a lot more inventory knowing there will be a lot more people.
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 Posted 07/16/2017  09:40 am  Show Profile   Bookmark this reply Add just carl to your friends list

Quote:
By volume, I mean dealers probably bring a lot more inventory knowing there will be a lot more people.

Not so. You also must factor in the prices of table rentals. The larger the inventory, the more tables are required. And table rentals at some large shows can go for $500 to a few thousand dollars. Normally at smaller shows a table rental is about $50. One dealer I know usually has 3 or 4 tables at small shows but only 1 and sometimes 2 at large shows due to the expense per table.
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 Posted 07/16/2017  10:06 am  Show Profile   Bookmark this reply Add Andrew99 to your friends list
True. I do local shows only and table fee is $50. At that price I can afford to bring $2 copper rounds for display. At a big show with $800 table fees, it would have to be high end material only. Real estate costs are just too high.
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 Posted 07/17/2017  11:44 am  Show Profile   Bookmark this reply Add jbuck to your friends list

Quote:
The larger the inventory, the more tables are required.
Not necessarily. Some dealers at the shows here keep a lot of stock below and behind the tables. "What are you looking for?" Pulls box out, puts on table, "Enjoy."

Sure, there are those who want everything out and on display, and they would pay more to show more, but I do not think that is an efficient use of their resources. I do find the better deals are from the dealer with the smaller footprint.

I guess I just need to make my way to a larger show and see for myself. If you guys are right, then I have not really missed anything all these years.
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 Posted 07/17/2017  2:13 pm  Show Profile   Bookmark this reply Add Andrew99 to your friends list
You have to ask prices at shows and it helps if they know who you are. Dealers will get one price, sophisticated collectors another, and the uninitiated public, a third. I find that on high end items, if I am seriously considering it, I will ask what is your best price. Then its yes or no.

Now the junk silver thing is one a lot of us smaller dealers do. You can buy rolls of junk silver and pick out the better coins and sell them at greysheet bid for the grade/date. I can get $15 for many of the halves I get at $7 per, but you have to be patient and show a lot of coins. There are people that collect date runs of these things and they do not want to buy a roll of them.
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 Posted 07/17/2017  5:53 pm  Show Profile   Bookmark this reply Add CollegeBarbers to your friends list
From my limited experience, I've found better prices at shows in general than at my LCS because I have more bargaining power. It seems that I've gotten better prices at larger shows due to the competition because it's much easier for me to walk away and find another similar deal. Of course it varies from dealer to dealer, as some price items too high for me to even bother haggling.
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 Posted 07/17/2017  6:17 pm  Show Profile   Bookmark this reply Add jbuck to your friends list

Quote:
I've found better prices at shows in general than at my LCS because I have more bargaining power.
I agree.
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