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<p>[QUOTE="Valentinian, post: 4802599, member: 44316"]Lots of new firms pop up all the time. The owners presumably think, like some posters here, it is a good (and maybe even easy) way to make money. Many of them go out of business, too, after finding out it is not so easy after all. </p><p><br /></p><p>If you want to sell coins you have to compete to buy them or get them on consignment (and that is very competitive) and you have to work hard to find a good client base to buy them (at prices that that must be competitive). Now, if there were only a few firms selling ancient coins maybe you could postulate some anti-competitive cabal, but we all know there are over 100 firms on vcoins alone and many auction firms (which you can find on sixbid, numisbids, biddr.ch, etc.)</p><p><br /></p><p>You can decide whether ancient coins are worth their cost to you, or not. Fees may seem high, but I think the market is telling us that fees are only high enough to keep some, but not all, dealers in business.[/QUOTE]</p><p><br /></p>
[QUOTE="Valentinian, post: 4802599, member: 44316"]Lots of new firms pop up all the time. The owners presumably think, like some posters here, it is a good (and maybe even easy) way to make money. Many of them go out of business, too, after finding out it is not so easy after all. If you want to sell coins you have to compete to buy them or get them on consignment (and that is very competitive) and you have to work hard to find a good client base to buy them (at prices that that must be competitive). Now, if there were only a few firms selling ancient coins maybe you could postulate some anti-competitive cabal, but we all know there are over 100 firms on vcoins alone and many auction firms (which you can find on sixbid, numisbids, biddr.ch, etc.) You can decide whether ancient coins are worth their cost to you, or not. Fees may seem high, but I think the market is telling us that fees are only high enough to keep some, but not all, dealers in business.[/QUOTE]
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