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<p>[QUOTE="medoraman, post: 1545084, member: 26302"]^This.</p><p><br /></p><p>Listen, what we consider the "market" price for coins is more like a modified wholesale price. Its not real retail. Real retail is HSN, Littleton, etc. They have a LOT of expenses, much more than a vest pocket or small show dealer, that they have to cover. Do you think its cheap to be on tv or run all of those ads in newspapers?</p><p><br /></p><p>I don't throw stones at those higher priced outlets simply because they are incurring high costs, and bringing the joys of coin collecting to those who never took the effort to find the hobby themselves. Knowledge and work is what is required to get cheaper prices, and if people are unwilling to do either they still have a way to acquire coins.</p><p><br /></p><p>Lets think of a head of lettuce. You can go to an expensive, carpeted grocery store and buy it for say $3. Go to a Walmart or Cub Foods and maybe its $1.50. Go to a wholesale grocer and buy a case for $.80 a head. Go to the grower in CA and maybe its $.40 a head. None of these sellers are EVIL, they all provide different time and place utility, and if someone is unhappy with the price they are free to try to find a cheaper source. </p><p><br /></p><p>Just like Littleton. If you do not wish to go to the effort of finding a regular dealer, Cointalk, a coin show, etc. then their price is not out of line. They have high costs to reach you as a customer, they deserve to be compensated in their business model for those too lazy to buy elsewhere.</p><p><br /></p><p>I simply believe all of us here are so used to paying a form of wholesale pricing, (just like the restaurant is used to buying lettuce for $.80 a head), that the "retail" pricing of Littleton seems outrageous to us. Its not, its called different time and place utility.</p><p><br /></p><p>Chris</p><p><br /></p><p>P.S. Btw OP, now that you know better, I agree educate yourself here and get a better deal. I am not saying you should buy from them if you know better, but you have gotten off your rear and educated yourself, something many people don't want to do apparently.[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 1545084, member: 26302"]^This. Listen, what we consider the "market" price for coins is more like a modified wholesale price. Its not real retail. Real retail is HSN, Littleton, etc. They have a LOT of expenses, much more than a vest pocket or small show dealer, that they have to cover. Do you think its cheap to be on tv or run all of those ads in newspapers? I don't throw stones at those higher priced outlets simply because they are incurring high costs, and bringing the joys of coin collecting to those who never took the effort to find the hobby themselves. Knowledge and work is what is required to get cheaper prices, and if people are unwilling to do either they still have a way to acquire coins. Lets think of a head of lettuce. You can go to an expensive, carpeted grocery store and buy it for say $3. Go to a Walmart or Cub Foods and maybe its $1.50. Go to a wholesale grocer and buy a case for $.80 a head. Go to the grower in CA and maybe its $.40 a head. None of these sellers are EVIL, they all provide different time and place utility, and if someone is unhappy with the price they are free to try to find a cheaper source. Just like Littleton. If you do not wish to go to the effort of finding a regular dealer, Cointalk, a coin show, etc. then their price is not out of line. They have high costs to reach you as a customer, they deserve to be compensated in their business model for those too lazy to buy elsewhere. I simply believe all of us here are so used to paying a form of wholesale pricing, (just like the restaurant is used to buying lettuce for $.80 a head), that the "retail" pricing of Littleton seems outrageous to us. Its not, its called different time and place utility. Chris P.S. Btw OP, now that you know better, I agree educate yourself here and get a better deal. I am not saying you should buy from them if you know better, but you have gotten off your rear and educated yourself, something many people don't want to do apparently.[/QUOTE]
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