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<p>[QUOTE="DANIEL HENRIQUEZ, post: 8401102, member: 76821"]OK. I have been collecting for over 45 years and seen the beginning of Ebay and other sites including coin shows. I can tell you that in the past few years, many changes to Selling and Buying have emerged and the biggest changes are with the Sellers. Here is what I have experienced:</p><p><br /></p><p>1. Sellers believe they know everything and are pricing coins above they respective values by NGC, PCGS or Greysheets. As such, they are arrogant and very direct to the extent that if you question them, they refuse to sell to you or BLOCK you on Ebay. Yes, you have the right to sell to whomever you want yet, BLOCKING everyone will soon become a liability as the pool of Buyers with money dwindle.</p><p><br /></p><p>2. Buyers have recently become very easy with the additional cash they have and pay the value of a coin or more just to get it. OK, I collect coins because I love them but, also for investment so, having NO equity in the coin is NOT a good investment. You should always seek no less than 20% equity in a coin because it will not increase in value as fast as you may think or at all.</p><p><br /></p><p>3. The above 2 also funnel into no. 3 meaning, they are residuals of the same beast and behavior of them. As for the Sellers, the arrogance and believe they know it all including the attitude that they don't need you, is wrong and will eventually decrease their pool of Buyers real fast. As for the Buyers, not knowing or caring about what you are buying or the price is not helping you in the least.</p><p><br /></p><p>Then, here is the biggest of the two. Some are buying and reselling on Ebay and trying to get higher prices yet, this is where their arrogance and ignorance is killing them. The real coin collectors are questioning their prices and then, upset the idiots and get BLOCKED. Then, the Buyers are buying at high prices and giving a false sense of high prices to the sellers and screwing up the coin market as a whole.</p><p><br /></p><p>Either way, both are not helping and not good practices but, hey, they better have a day job because this will not be sustainable forever. Case in point, a seller by the Ebay ID: redlockcoin BLOCKED me and I have never purchased from them or even asked a question in the past and although I questioned why, the stupid girl that responded stated, "we make 7 figures a year anyway so, we don't need you". Wrong answer as the less you have willing to buy, the less you don't sell or grow. Not a good business practice, however, Ebay selling is not a real business anyway. Good luck all.[/QUOTE]</p><p><br /></p>
[QUOTE="DANIEL HENRIQUEZ, post: 8401102, member: 76821"]OK. I have been collecting for over 45 years and seen the beginning of Ebay and other sites including coin shows. I can tell you that in the past few years, many changes to Selling and Buying have emerged and the biggest changes are with the Sellers. Here is what I have experienced: 1. Sellers believe they know everything and are pricing coins above they respective values by NGC, PCGS or Greysheets. As such, they are arrogant and very direct to the extent that if you question them, they refuse to sell to you or BLOCK you on Ebay. Yes, you have the right to sell to whomever you want yet, BLOCKING everyone will soon become a liability as the pool of Buyers with money dwindle. 2. Buyers have recently become very easy with the additional cash they have and pay the value of a coin or more just to get it. OK, I collect coins because I love them but, also for investment so, having NO equity in the coin is NOT a good investment. You should always seek no less than 20% equity in a coin because it will not increase in value as fast as you may think or at all. 3. The above 2 also funnel into no. 3 meaning, they are residuals of the same beast and behavior of them. As for the Sellers, the arrogance and believe they know it all including the attitude that they don't need you, is wrong and will eventually decrease their pool of Buyers real fast. As for the Buyers, not knowing or caring about what you are buying or the price is not helping you in the least. Then, here is the biggest of the two. Some are buying and reselling on Ebay and trying to get higher prices yet, this is where their arrogance and ignorance is killing them. The real coin collectors are questioning their prices and then, upset the idiots and get BLOCKED. Then, the Buyers are buying at high prices and giving a false sense of high prices to the sellers and screwing up the coin market as a whole. Either way, both are not helping and not good practices but, hey, they better have a day job because this will not be sustainable forever. Case in point, a seller by the Ebay ID: redlockcoin BLOCKED me and I have never purchased from them or even asked a question in the past and although I questioned why, the stupid girl that responded stated, "we make 7 figures a year anyway so, we don't need you". Wrong answer as the less you have willing to buy, the less you don't sell or grow. Not a good business practice, however, Ebay selling is not a real business anyway. Good luck all.[/QUOTE]
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