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<p>[QUOTE=&quot;Kasia, post: 1948373, member: 31533&quot;]There is a line (distinction) between making a profit and taking people to the cleaners. But it is not the coin collecting community that sets an arbitrary profit margin; rather the coin collecting community generally sets prices that are considered reasonable for a particular coin yet they are not set in stone (pricing in coins can be fluid and depend on a number of variables), and coins priced much higher than that generally won&#039;t sell (can be exceptions) and those that are priced much lower will generally sell (can be exceptions). The difference isn&#039;t in the profit margin the seller gets from these when the prices the coin collecting community are saying are reasonable and just. The only difference is really whether the seller has left money on the table by pricing too low, and whether the seller has lost money and opportunities to sell if pricing too high. A coin obtained for 10.00 (as an example) and sold for 2000.00 nets the seller a 1990.00 &#039;profit&#039; and essentially the same coin that is obtained for 400.00 and sold for the same amount nets a 1600.00 profit and another obtained for 1500.00 and sold for the same amount nets only a 500.00 profit. None of these profits are &#039;too high&#039; if the amount they net is within the realm of what three buyers want to spend on it and coincidentally falls into the supposed price range of the coin, whether by red book, grey sheet, or a lot of personal knowledge. Neither situation, even the one where the coin was obtained for 10.00 means the person selling took advantage of someone else. </p><p>If in this case all of a sudden the coin that is being advertised for 40.00&nbsp; became &#039;hot&#039; and ultra-valued, then 40.00 could be a great buy for it (not that I&#039;m saying it will) and this person&#039;s probable guess at how much it might bring would be not be a problem with profit. And if all of a sudden a person wants this exact coin and is willing for whatever reason to part with 40.00 for it, then the seller was astute enough to be listing it for that amount. </p><p>What would be &#039;wrong&#039; (i.e, taking advantage of someone) is more in line with the problem of selling bottled water at huge markups to people who are desperate for water in an emergency. Where as soon as the emergency is gone the price will drop..... as in bringing in a case of water and wanting 100.00 for it. But in coins there is no guideline for a huge price. The only issue would be is later, to possibly get into whether it was a legal contract or not. There are illegalities in selling, but I don&#039;t think this coin actually fits into that situation.[/QUOTE]</p><p><br /></p>

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