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<p>[QUOTE=&quot;Alegandron, post: 7013820, member: 51347&quot;]Personally:</p><p><br /></p><p><b>- Read all Terms and Conditions of the Auction </b></p><p><b><br /></b></p><p>- I try to ensure I am comfortable with whom I am dealing.</p><p><br /></p><p><b>- Create a spreadsheet</b> using the cost of the coin as the basis, and factor in all T&amp;C costs, adding applicable taxes, applicable duties, applicable shipping / freight, currency exchange rates, payment costs, and other applicable real costs and factors. This is KEY for me.</p><p><br /></p><p>- The Spreadsheet will help drive your potential bids to a <b>Fully Loaded Landed Cost.</b></p><p><br /></p><p>- You can &quot;play&quot; with your potential bids to determine what is your end price &quot;elasticity&quot;.&nbsp; In other words, find out what would be the highest end-price would be if you made a certain bid.</p><p><br /></p><p><b>- Personally, I do not think in &quot;Bids&quot;, I think in &quot;Fully Loaded Landed Cost&quot; decisions.</b></p><p><br /></p><p>- If your Fully Loaded Landed Cost is more expensive than similar coins Dealer costs that are on market, chose if you want to buy from a Dealer, Bid at Auction, or not pursue the coin.&nbsp; Simple.</p><p><br /></p><p>Doing the spreadsheet approach helps eliminate any &quot;sticker&quot; shock when you make a bid.</p><p><br /></p><p>I find that the folks that complain most about all the &quot;extra&quot; fees, etc. that are on their winning bids is because <b>they were not doing their pricing homework BEFORE they bid.</b>&nbsp; I find they are the ones who complain that Auctions should be regulated, or differing fee structures are &quot;wrong&quot; etc.&nbsp; Simple:&nbsp; KNOW THE T&amp;C, understand Fully Loaded Landed Costs, and then you have &quot;no complaints&quot; to yak about on the Forum!</p><p><br /></p><p><b>If you do your homework UP FRONT, you eliminate all the griping about &quot;too many fees&quot; and the &quot;buyer&#039;s remorse&quot; about the invoice you pay.&nbsp; Know what your BID will be when it becomes an INVOICE Price.</b></p><p><br /></p><p>(All this assumes you have done your homework, UP FRONT, about the reputation of the Auction House, the target Coin, past info on a fair price for the coin, that you have no MOU issues, not a fake, etc. etc. etc.)[/QUOTE]</p><p><br /></p>

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