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<p>[QUOTE=&quot;josh&#039;s coins, post: 2003897, member: 51487&quot;]This thought has crossed my mind as well. But I never pursued it for the following reasons:</p><ol> <li>I&#039;m not a professional coder, you need to build an auction site that handles credit cards so you need cryptographer skills</li> <li>Difficult to persuade people to use your site instead of eBay even if there are no fees. I can sell a coin on ebay in 24 hours, with a small auction site it might be months, time is money.</li> <li>If there are no fees then how will you be able to keep the site running? sure a subscription is great BUT very few people will pay good money for something virtually untested.</li> <li>How can you differentiate a collector from a dealer? in most cases they are the same thing, sure you can decide who can sell and who can bid but you couldn&#039;t call it collector-collector.</li> <li>To have a money back guarantee you need a lot of working capital to cover the cost of the coin(s) and then pursue the credit card company or seller to get the money back.</li> </ol><p>[/QUOTE]</p><p><br /></p>

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