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All Forums Category: Canadian Coins and Currency Forums Forum: Canadian Commemoratives and Non-Circulating Coinage (NCLT)

Dealer Cost Price

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aarf
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United States
157 Posts
 Posted 02/17/2013  1:33 pm  Show Profile   Bookmark this reply Add aarf to your friends list Get a Link to this Reply
@shopaholic, thanks for the info... interesting as mentioned.
Good to know.
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wettld2
Valued Member
Canada
269 Posts
 Posted 02/17/2013  3:22 pm  Show Profile   Bookmark this reply Add wettld2 to your friends list Get a Link to this Reply
Thanks @shopaholic!
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LondonCoin
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Canada
149 Posts
 Posted 02/17/2013  4:04 pm  Show Profile   Bookmark this reply Add LondonCoin to your friends list Get a Link to this Reply
I have an online shop, and trust me I'm not making close to 20%. You have to be a direct distributor/dealer from the mint to get about 20% on the higher margin products. A lot of your neighborhood coin stores work on way lower margins because they by from a distributor not the RCM. You have to do a LOT and I mean a LOT of business to get to be a distributor (except if your in Quebec for some weird reason.) If your paying by VISA / Paypal they also loose 2-3%. Gold/Platinum coins usually have smaller margins. Like mentioned above we do have overhead expenses as well.
Edited by LondonCoin
02/17/2013 4:06 pm
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All Forums Category: Canadian Coins and Currency Forums Forum: Canadian Commemoratives and Non-Circulating Coinage (NCLT)



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