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<p>[QUOTE=&quot;ziggy29, post: 31717, member: 1113&quot;]The difference is that the major auction houses do a lot more for their cut.</p><p><br /></p><p>They take the coin.&nbsp; They take better pictures than most of us can do (Heritage excepted).&nbsp; They direct mail this to their best and biggest customers.</p><p><br /></p><p>They pay for the venue, the auctioneers, the facilities and sell the coins.</p><p><br /></p><p>There&#039;s no way eBay comes close to doing all that.</p><p><br /></p><p>I&#039;m a capitalist and I appreciate the profit motive and the free market, but the problem with the type of business that eBay is in is that it lends itself to being a &quot;natural monopoly.&quot;&nbsp; Yes, you can compete, but buyers want to go where all the sellers are and all the sellers want to go where the buyers are.&nbsp; So there&#039;s really not a significant ability for eBay customers to go elsewhere.[/QUOTE]</p><p><br /></p>

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