Shouldn't grading companies be non-profit?

Come up with a proprietary innovation and you can get a patent.

So lets ignore this year when they're selling tickets for 20 bucks. They sell their cargo space and A LOT of mail gets moved by them as well. Why do they charge aside from profit, probably because of the people stuffing a 100 plus pounds of cargo down there for the normal ticket price.

 

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Ugh! Too hard. I give up... (life should be fast, easy and fun).

Ah. I think I might know the difference between 1994 and 2020: You alluded to it. Mail.
Back then, I should ship things via SURFACE shipping (on a container ship) overseas. Now all international mail has to have its own dang plane ticket.

 

Thats not true either.

 

Now I know why some folks I know are living 'off grid' and 'mobile'....

 

When do you pay a grading service you are paying for their years of expertise in the field of numismatics. Anybody that studies something for years and it helps people deserves to be paid well for it.

 

Reading this I get the feeling people think non profit means they can't make a profit, which isn't true.

 

Okay.
To be respectful to your sensitivities, I'll just pretend that I didn't, on at least two occasions, ship an entire kitchen worth of things in the post in a large cardboard box, pay about 20 dollars for it, and have it arrive at my home 3 months later after it arrived via surface shipping from the other side of the planet (the post office people telling me that my package would be on a boat, and that's why it takes so long) back in the early 1990s. The same amount/weight today costs us hundreds of dollars to ship.

NOW, if I want to ship anything via "surface," I have to find and hire a "frieght forwarding company" like Transgroup. And they are quite expensive, also.

 

Rated? Seriously? A coin "rated" 69? GTFO

 

Well, I was just thinking that if Monsanto had the gall to attempt to put a patent on nature and monopolize already existing things living outside everywhere in India (bastami rice and neem), then perhaps another little monster could come along and put a patent on rocks. Or perhaps this is all a lie, too?

 

We don't live aboard the Enterprise in 2150 where there's no more need for currency, unless you're a Ferengie.

 

My marriage was definitely non-profit; at least for me.

 

Wait, it isn't that money corrupts, it's the love of money that corrupts. And of course power corrupts but absolute power is kinda groovy.

 

The goal of Non profit organizations is to provide a service and make a profit. The profits are used to expand the organization and pay wages for workers. The non profit status provides lowered or no taxation of the profits. Think of places like St Judes Children’s Hospital.

 

I can't think of any reason anyone would go into business grading coins without a motivator (profit) to make the business worthwhile. I guess there is the idea to do something for the common good but I'd think coin collecting would be such a small percentage of the population there wouldn't be a noticeable impact on population in general. But this sure has generated alot of comments.

 

grading company,s have to make a proffit and pay there overhead .they are a business and not for free.

 

Yeah - but RICH ONES.

 

How about the government, yeah right. That would just create more thievery than we already have in DC... My opinion only!

 

Non profit doesn't mean no charge for goods or services. They still charge customers and pay their employees and overhead.

 

This has been an extremely entertaining & amusing thread. Some of the posts just make me shake my head in disbelief. But smiling at the same time.
So, I'm thinking that if you want to sell a coin, you shouldn't ask more than you paid for it. Or better yet, just charge face value.

 

Hey, you are totally free to catch the water running off your roof.