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<p>[QUOTE=&quot;GDJMSP, post: 5360959, member: 112&quot;]Checking realized prices is great ! And always strongly recommended !</p><p><br /></p><p><br /></p><p><br /></p><p>Doing that, that&#039;s a huge mistake ! </p><p><br /></p><p>You never want to subtract the fees, there&#039;s only 1 total price - the bid amount plus the fees - and that&#039;s what you should always use. </p><p><br /></p><p>Way, way too many people seem to think that &quot;fees&quot; are some kind of extra or add-on and should be deducted or not counted when determining the cost of a coin. This is simply not true. The cost of the coin is how much it cost you - total - not how much it cost you minus the fees. </p><p><br /></p><p>With every single coin you&#039;ve ever bought anywhere from anyone - you&#039;ve paid for whatever fees the previous owners had already paid. The fees are always added in to the cost/selling price of any and all coins. The only difference is - nobody is telling you - up front - that you are paying those fees, that all previous fees are already added in to the selling price.</p><p><br /></p><p>Auction houses on the other hand do tell you up front what that you are paying fees and how much those fees are. But that doesn&#039;t change the final selling price, nor does it change the value of the coin - the fees ARE part of the value. </p><p><br /></p><p>If you&#039;d like to think of it another way, fine, consider this. If I were selling you a coin and I gave you 1 number, you&#039;d know that&#039;s how much the coin was going to cost you - correct ? </p><p><br /></p><p>Well, what if I gave you 2 numbers, and told you the coin was going to cost you X amount of dollars, (my cost for the coin) - plus Y amount of dollars for my profit on the deal.</p><p><br /></p><p>To determine the value of the coin would you subtract my profit number from the total cost ? Of course you wouldn&#039;t, you&#039;d pay me 1 number and THAT would be what you considered the value of the coin to be.</p><p><br /></p><p>So, when checking out realized prices on auctions, instead of using the word fees, substitute the word profit for fees - because what fees are, profit. Nothing more, nothing less.</p><p><br /></p><p>Fees must ALWAYS be added in when determining the value of a coin ![/QUOTE]</p><p><br /></p>

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