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<p>[QUOTE="jaceravone, post: 1416349, member: 9474"]Hey Dave,</p><p>Don't confuse "bullion" coin with "collector" coin. I am saying this sarcastically of course because I know you know the difference, but the truth is there is much more that goes into a "collector" coin than a bullion coin. First and foremost it is a proof. A lot more preparation goes into preparation and handling of a proof than a bullion or UNC coin. That gets factored in. Then, collectors forget that there is a cost for packaging. Probably not a whole lot of cost, but someone has to pay it and it aint going to be the mint. Next there is the marketing part of selling the coin. Down in my part of the country I never see any tv or print adds for the mint, but when I went home to Conn, there were ads on tv, print ads in the papers and so on. That costs tons of money and that is passed on to the consumer. Then someone has to pay the bills and utlities and everything else. That gets all factored in. Then there is the whole profit thing. The mint is a for profit business. So profit margin is factored in and when it is all done, whether we like it or not that means we pay $32.55 extra per coin. </p><p><br /></p><p>Prior to owning a business myself, I used to get mad about the incredible price differences from what I believed a coin should cost and what a coin really cost to produce. After owning a business that was customer based and focused on a hand made product, everything made sense and I completely understood. I used to get mad when customers used to complain how expensive our products were but then I used to challenge them to go out and see what the costs would be to build it themselves. Some customers took me up on that challenge and most always came back with a new clearer understanding of what it really costs to make and sell the product.....and I sure wasn't going to do it for free either. </p><p><br /></p><p>Joe[/QUOTE]</p><p><br /></p>
[QUOTE="jaceravone, post: 1416349, member: 9474"]Hey Dave, Don't confuse "bullion" coin with "collector" coin. I am saying this sarcastically of course because I know you know the difference, but the truth is there is much more that goes into a "collector" coin than a bullion coin. First and foremost it is a proof. A lot more preparation goes into preparation and handling of a proof than a bullion or UNC coin. That gets factored in. Then, collectors forget that there is a cost for packaging. Probably not a whole lot of cost, but someone has to pay it and it aint going to be the mint. Next there is the marketing part of selling the coin. Down in my part of the country I never see any tv or print adds for the mint, but when I went home to Conn, there were ads on tv, print ads in the papers and so on. That costs tons of money and that is passed on to the consumer. Then someone has to pay the bills and utlities and everything else. That gets all factored in. Then there is the whole profit thing. The mint is a for profit business. So profit margin is factored in and when it is all done, whether we like it or not that means we pay $32.55 extra per coin. Prior to owning a business myself, I used to get mad about the incredible price differences from what I believed a coin should cost and what a coin really cost to produce. After owning a business that was customer based and focused on a hand made product, everything made sense and I completely understood. I used to get mad when customers used to complain how expensive our products were but then I used to challenge them to go out and see what the costs would be to build it themselves. Some customers took me up on that challenge and most always came back with a new clearer understanding of what it really costs to make and sell the product.....and I sure wasn't going to do it for free either. Joe[/QUOTE]
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