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<p>[QUOTE="Casman, post: 3083027, member: 85295"]Sure they sell for more but you should take into account the additional costs. There's grading fees, $30 + $18 +10 + $23.05 + Ship to at Min $7 (uninsured) Flat rate=$88.05, and the membership cost, unless someone else submits it.</p><p>Then there's the ebay paypal fees and if you don't have a store or receive other discounts that's negative 13 percent so assuming on a sale of $2K that's $260 + $88.05 and you're $348.05 in the hole before you get started + the coin @ $1700.</p><p><br /></p><p>Now you could utilize other venues for the sale but the bidders back off their bids to account for the buyers premium. Also, buy prices from dealers doesn't help because they have to make their profit and do not plan on keeping it.</p><p><br /></p><p>Keep in mind the numbers working for the regular sellers are less that plus they'll likely submit in bulk to receive further discounts, and make a small profit on each sale, but for the avg Joe expecting to make more by having them graded is generally not gonna happen. I for one do not like the idea of spending say $2K to maybe profit $100 years later...and keep in mind by then the POPs are established and you generally come out about even. Don't forget there's also a tax aspect.</p><p><br /></p><p>So this is my take on what the market shows and if there's some fanciful sale numbers which show otherwise after fees etc I'd like to see those. This of course presumes we are not discussing low mintage examples such as the 2008 W's. Then gackkk, if it comes back 69 it's even a worse scenario. IMHO the labels look nice but in real world numbers there's no benefit.[/QUOTE]</p><p><br /></p>
[QUOTE="Casman, post: 3083027, member: 85295"]Sure they sell for more but you should take into account the additional costs. There's grading fees, $30 + $18 +10 + $23.05 + Ship to at Min $7 (uninsured) Flat rate=$88.05, and the membership cost, unless someone else submits it. Then there's the ebay paypal fees and if you don't have a store or receive other discounts that's negative 13 percent so assuming on a sale of $2K that's $260 + $88.05 and you're $348.05 in the hole before you get started + the coin @ $1700. Now you could utilize other venues for the sale but the bidders back off their bids to account for the buyers premium. Also, buy prices from dealers doesn't help because they have to make their profit and do not plan on keeping it. Keep in mind the numbers working for the regular sellers are less that plus they'll likely submit in bulk to receive further discounts, and make a small profit on each sale, but for the avg Joe expecting to make more by having them graded is generally not gonna happen. I for one do not like the idea of spending say $2K to maybe profit $100 years later...and keep in mind by then the POPs are established and you generally come out about even. Don't forget there's also a tax aspect. So this is my take on what the market shows and if there's some fanciful sale numbers which show otherwise after fees etc I'd like to see those. This of course presumes we are not discussing low mintage examples such as the 2008 W's. Then gackkk, if it comes back 69 it's even a worse scenario. IMHO the labels look nice but in real world numbers there's no benefit.[/QUOTE]
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