Recently a number of major collectors mostly in India have asked me to refute publicly a number of rumours circulating on social media and elsewhere about so called exploitation of coin buyers by what is called "dealers".
My advice was that I had posted my thoughts on this matter on social media a number of times before. However they persisted and wanted it as an audio record. So I have produced a video discussing the matter.
Firstly there is a difference between a dealer and a seller. It is really about time people realised that someone who sells through a social media app or on internet "auction" sites from time to time are NOT dealers. These people are merely itinerant hawkers of goods.
If you buy from them without any knowledge then what happens is your fault. If you do not research what you wish to buy then if you are exploited it is your fault. Please stop polluting the great hobby/investment of coin collecting by posting the fact that you have not taken the time to research what you are buying.
Lastly I would like to thank a number of collectors both large and small who share images of their precious collections with us. these great people share great photographs and full coin attributions. It helps us all and recently a post with an fully attributed coin helped us in a major research project. It was the first time this coin had in fact been seen by us.
The video can be seen by clicking the Specialist's Corner link (the video is called It's Your Money) on the tabs or here https://www.inumismatics.com/specialist-s-corner