Cheap mint set.

Discussion in 'Coin Chat' started by Detecto92, Jan 29, 2012.

  1. Detecto92

    Detecto92 Well-Known Member

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  3. Detecto92

    Detecto92 Well-Known Member

    Lol it's gone. Guess someone bought it haha.
     
  4. Taxidermist

    Taxidermist Collector of US/IL/RU/DE

    Got a set that looks exactly like this one 1 year ago, all coins BU for $17.16.
     
  5. ikandiggit

    ikandiggit Currency Error Collector

    I always add the price of shipping as part of the price. Therefore this set sold for $22.95.
     
  6. BUncirculated

    BUncirculated Well-Known Member

    +1
     
  7. rodeoclown

    rodeoclown Dodging Bulls

    I tend to not add shipping as the price paid for the actual item, total price, yes but the value of the item of what's paid, no. Since I don't add any shipping charges when buying from dealers abroad to the actual price paid for the item. It'd almost be like adding my calculated fuel costs, wear on car and my own time spent to the price if I drive to pick something up across town. :)
     
  8. rodeoclown

    rodeoclown Dodging Bulls

    Looked like someone grabbed a few circulated 64 coins, threw them in a dollar Whitman 5 coin slab, put on eBay to sell. A real mint set will have both PDS or the Proof Set. I don't buy these homemade mint slap togethers.
     
  9. ikandiggit

    ikandiggit Currency Error Collector

    I've always added the shipping. To me, the shipping cost is no different than the buyer's added premium auction houses charge. It becomes part of the price of the coin.
     
  10. quartertapper

    quartertapper Numismatist

    Yes, for us purists, this is only half of a mint set. But I prefer the original packaging and envelope. If you're just looking for silver, this listing is fine.
     
  11. saltysam-1

    saltysam-1 Junior Member

    I always track what I pay for shipping and handling as a separate line item in my spreadsheet program. It is an out of pocket expense associated with the purchase of the coin or related item. It's like what the airline industry must now due when quoting ticket prices. And yes in theory, you should attach some cost for your time and travel, even though I know of no one that does. Before retirement, I would buy and sell items for my company. These costs would come off your profit as operating costs. And account for it or not, they will still be there when you sell. They are called a "soft cost" when it refers to just the item, and a "hard cost" with all expenses added in. They should be accounted for by any business that reports income to the government or wants to know where the actual cash flow of the company is going. It depends on how serious you are about where and how you spend your money. If you purchase five or ten inexpensive coins a year, it's not worth your effort. If you purchase many more, or more valuable pieces, you probably need to reconsider.
     
  12. rodeoclown

    rodeoclown Dodging Bulls

    Of course. When I said I don't attach the shipping to the price of the coin, I'm saying that as the actual value of the coin bought. I not only try to keep the total price around the possible value of the coin but I try to get the total paid way under to get a better deal. :)

    If you're a dealer, I can see where keeping tabs on all costs associated is necessary. If you're just a collector, don't bother, just enjoy the coin and stop worrying about the actual costs associated with getting the coin unless of course it's just a total ripoff on shipping, but it's just too easy to avoid and ignore those people.
     
  13. quartertapper

    quartertapper Numismatist

    How come this logic never applies to people that gamble at casinos? You hear about all the money they made. Never hear all the gas they used, or all the times they dropped $300, and won nothing.
     
  14. Fall Guy

    Fall Guy Active Member

    Because a true gambler, never looses in his/her mind. They only tell stories of their winnings to justify their gambling habit. :D
     
  15. Conder101

    Conder101 Numismatist

    Yep just a year set not a mint set. With shipping this was $23. There is a real 1964 mint set (P & D) on ebay at the moment ending in 22 hrs that is currently at $25.75 including shipping.
     
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