When you tell someone you bought a coin online, do you count shipping? To me, I don't count shipping when I tell someone what I paid for the coin. The price I paid for the coin, is for the coin itself. Since I paid extra for shipping, which is just a service, I don't add that to the price. What about you?
If you are talking about eBay, definetly separate both. If not, eBay will count it as income and charge you the fee for it. But to answer the question, no. It would be like counting the gas expenses when you go to a coin shop to buy a coin.
do you include shipping The value of the coin must include the shipping !Remember it .You can not make same mistake next time .
I don't unless it was some ridiculous price for shipping or if I'm getting it for someone I will include shipping in the price so I don't lose money
I count it too instead of squabbling over how much shipping charges should be. If everyone just charged for shipping what it cost about or used the most appropriate method, I wouldn't. I think many people factor in shipping cost when bidding while others do not. I was thinking of these two 40% halves I bought where shipping was $4. I bid $4.15, close to melt including shipping. This shipping cost was actually $3 something which was too high. He could have just thrown a stamp on it and would have got melt for the coins plus the stamp. There are people that charge $3 shipping and put a stamp on it.
I also include the price of shipping. If the coin is $5.00 and shipping is free, the cost of the coin to me is $5.00. If the coin is $5.00 and shipping is $5.00 then the cost of the coin is $10.00. When it's time to sell, my total cost of investment is what I want to recoup as well as some profit. If the $5.00 coin cost me a total of $10 (including the shipping) it doesn't make any sense to sell it for $5.00. I'd still be $5.00 out of pocket.
There is no point separating the shipping fee and remembering it for each coin/banknote, I always include it. If you buy a $5 coin for $0.99 but the shipping fee was $16.50, the coin did not cost you $1.
So I'm a business owner and I pay say $1 a box for cereal.I need to pay $1 a box extra to get it shipped to me.Do you think I'm selliing that box of cereal for $1 or even $1.50 to make some profit?It technically cost me $2 just to get it.If your looking at cost as a business include shipping.If you are just collecting for yourself and not worried about anything then include or exclude whatever you want.
If you pay it, you should include it as that is the price you paid. Will you be able to recoup that cost when selling, absolutely not.
What about those that offer free shipping but just include it in their starting bid? Would you subtract the shipping cost? What if you didn't know it? What about those that start their bids at .99 cents but tack on their business expenses and profit to the shipping? Would you still not count the shipping charges as the overall cost? I see coins all the time that do not sell because the shipping is too high. To me, I don't care what someone charges for shipping, I consider it as part of the cost. People use a variety of methods to list their auctions and that is OK since I always consider the shipping as part of the cost of the coin. I have also listed shipping in a variety of ways and people seem to bid according to total cost, whether you have a higher starting bid or lower starting with a shipping charge.