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<p>[QUOTE="dougsmit, post: 4522430, member: 19463"]I'll have to see details before knowing how I feel about the Keystone concept. It might help the esales if it siphons off the lots that high end bidders consider a waste of their time. </p><p><br /></p><p>The problem with buyer's fees is not with the people who understand them but with the people who don't and end up paying more than they intended. You might say that this is just tough for them but a certain percentage will walk away convinced that either that dealer or the hobby as a whole is not for them. I agree spreadsheets will help but only the people who use them. An idea like that expressed by GergH: "Current price $100. If the coin sells at this price, you will pay $120." would help to some degree but still would do nothing for the person who has not fully grasped the effect of postage and exchange rates on the bottom line. Some of us bottom feeders make a habit of bidding on additional coins in hopes of diluting a high minimum postage rate (on the theory that a $20 postage charge is better if shared by three coins) but even then it is a problem for those buying the cheaper lots and will be more offensive when it come up in 'Keystone' sales assuming there will be some coins that go for less than $60. The minimum charge for listing a single lot will make both seller and buyer unhappy with coins under the current minimum. I assume that CNG will be using the Keystone sales to move coins that came to them as parts of better collections rather than soliciting/accepting coins for that purpose that would not have been previously. </p><p><br /></p><p>in 1994, CNG called my home and left a message with my teen daughter that they were sending me a group of 194 Septimius Severus denarii. I was thrilled because 194AD was prime time for my interest in 'Emesa' COS II denarii. The package arrived and contained 194 by count denarii mostly of the dumpy Rome mint coins from the middle period of the reign. I bought three (only one COS II) mostly out of guilt. The only profit made in this deal was by the post office. I have no idea how CNG came to have that group and never noted seeing them later in sales but it would be a mistake to start buying coins like those that were below normal standards just to feed the Keystone sales.[/QUOTE]</p><p><br /></p>
[QUOTE="dougsmit, post: 4522430, member: 19463"]I'll have to see details before knowing how I feel about the Keystone concept. It might help the esales if it siphons off the lots that high end bidders consider a waste of their time. The problem with buyer's fees is not with the people who understand them but with the people who don't and end up paying more than they intended. You might say that this is just tough for them but a certain percentage will walk away convinced that either that dealer or the hobby as a whole is not for them. I agree spreadsheets will help but only the people who use them. An idea like that expressed by GergH: "Current price $100. If the coin sells at this price, you will pay $120." would help to some degree but still would do nothing for the person who has not fully grasped the effect of postage and exchange rates on the bottom line. Some of us bottom feeders make a habit of bidding on additional coins in hopes of diluting a high minimum postage rate (on the theory that a $20 postage charge is better if shared by three coins) but even then it is a problem for those buying the cheaper lots and will be more offensive when it come up in 'Keystone' sales assuming there will be some coins that go for less than $60. The minimum charge for listing a single lot will make both seller and buyer unhappy with coins under the current minimum. I assume that CNG will be using the Keystone sales to move coins that came to them as parts of better collections rather than soliciting/accepting coins for that purpose that would not have been previously. in 1994, CNG called my home and left a message with my teen daughter that they were sending me a group of 194 Septimius Severus denarii. I was thrilled because 194AD was prime time for my interest in 'Emesa' COS II denarii. The package arrived and contained 194 by count denarii mostly of the dumpy Rome mint coins from the middle period of the reign. I bought three (only one COS II) mostly out of guilt. The only profit made in this deal was by the post office. I have no idea how CNG came to have that group and never noted seeing them later in sales but it would be a mistake to start buying coins like those that were below normal standards just to feed the Keystone sales.[/QUOTE]
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