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Message:: [QUOTE="ToughCOINS, post: 2096644, member: 20480"]Many coin shops, much like pawn shops, have captive audiences.  Some, knowing they have reduced competition in that situation, take advantage of unwary sellers.  I think we've all seen that in person at one shop or another. It's true that shop owners have overhead to cover, and higher margins are one way of achieving that, however, higher margin usually drives fewer transactions, and not necessarily higher profits.  If their margins are too high, their purchases or sales likely will suffer, perhaps both. If their profit is insufficient because of excess margin, they are more likely to lose their store than if they have many more transactions at reasonable margin. My guess is that they boost their margin on customers they consider one-timers, and not their regulars - those whose business upon which they depend upon for survival.[/QUOTE]