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<p>[QUOTE="omahaorange, post: 1798565, member: 28199"]I love these posts. I am a huge fan!</p><p><br /></p><p>I'm a little confused though. Does my $19.95 (plus shipping, handling, and insurance both ways) get one coin appraised? Or does the entire cigar box get appraised for that price? What kind of documentation do I get certifying these coins as worth the appraised value? What kind of guarantee do I get if my local dealer offers me less than appraised value? And most people like those you describe are looking to sell, so how much, exactly, are you going to give me for these coins, and how does it compare to the appraised value? These are all questions a prospective client will ask. And will probably not send off to an unrecognized entity with a new web site based on business cards posted in local shopping centers.</p><p><br /></p><p>(I guess, on your card, you could always point them here for references as to your expertise)</p><p><br /></p><p>And this is the fatal flaw in your plan. You imply that you're not willing to accept any risk in this venture:</p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p>The Apple Computer scenario you happily quoted involved a very large risk on the parts of those involved. Had the business venture failed, they'd have lost their shirts. Once the business took off, the infusion of outside cash sustained it and helped it grow.</p><p><br /></p><p>It's all about risk versus reward. I, for one, will not take the risk, because for me (the user of said services) there is no real reward in it.</p><p><br /></p><p>Your "someone who knows 0 about coins who inherits a large collection will send it to me for a fee-based appraisal and wait for me to send them back so I can make money without risking any of mine" scenario reeks of the same methods those "Cash for Gold and Silver" business use, only on a different track. That is, taking advantage of the uninformed. Only in this case, you're providing a "service" to the uninformed in exchange for cash.</p><p><br /></p><p>The only thing to complete the picture is to have said coins sent to a post office box, rather than a physical address (like your house). that'll really bring 'em in!</p><p><br /></p><p>Nice idea, but...[/QUOTE]</p><p><br /></p>
[QUOTE="omahaorange, post: 1798565, member: 28199"]I love these posts. I am a huge fan! I'm a little confused though. Does my $19.95 (plus shipping, handling, and insurance both ways) get one coin appraised? Or does the entire cigar box get appraised for that price? What kind of documentation do I get certifying these coins as worth the appraised value? What kind of guarantee do I get if my local dealer offers me less than appraised value? And most people like those you describe are looking to sell, so how much, exactly, are you going to give me for these coins, and how does it compare to the appraised value? These are all questions a prospective client will ask. And will probably not send off to an unrecognized entity with a new web site based on business cards posted in local shopping centers. (I guess, on your card, you could always point them here for references as to your expertise) And this is the fatal flaw in your plan. You imply that you're not willing to accept any risk in this venture: The Apple Computer scenario you happily quoted involved a very large risk on the parts of those involved. Had the business venture failed, they'd have lost their shirts. Once the business took off, the infusion of outside cash sustained it and helped it grow. It's all about risk versus reward. I, for one, will not take the risk, because for me (the user of said services) there is no real reward in it. Your "someone who knows 0 about coins who inherits a large collection will send it to me for a fee-based appraisal and wait for me to send them back so I can make money without risking any of mine" scenario reeks of the same methods those "Cash for Gold and Silver" business use, only on a different track. That is, taking advantage of the uninformed. Only in this case, you're providing a "service" to the uninformed in exchange for cash. The only thing to complete the picture is to have said coins sent to a post office box, rather than a physical address (like your house). that'll really bring 'em in! Nice idea, but...[/QUOTE]
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