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<p>[QUOTE="Cherd, post: 7807494, member: 24754"]I get what you are saying, and I agree to some extent. But, in the example that I gave, the dealer isn't charging for "Ebay listing, packaging, etc" fees, they are purchasing the coins/collection and then selling them. This may be a "difference without a distinction" in some people's opinion, but to me, it is important.</p><p><br /></p><p>The type of argument that you are making places value on the effort of selling, and with coins, it would be pretty easy to approximate the value of that effort on a per coin basis. So, for the sake of argument, lets say that it takes 1 hour worth of effort per coin to sell on Ebay (generous approximation by the way), and the seller values their time at $50/hr. That being the case, it would be fair to charge customers $50 per coin as a service fee to sell their item for them. (I don't know how people wouldn't rather do this themselves, but I guess I'm more tech savy than most)</p><p><br /></p><p>On the other hand, if your argument is valid, then buying people's coins with the intention of making $50/coin after fees and expenses would also be reasonable. However, in the case where they pay $1000 for a coin and make $100 profit, that would not be reasonable. And then there are the really problematic cases where people are swindled into accepting next to nothing, and the dealer makes a bundle.</p><p><br /></p><p>All of these factors have to be taken into account, and the evaluation ends up being a matter of degree. But, the question then becomes, where does the average "Coin dealer" fall in this spectrum? More toward the reasonable end? Or more toward the Swindler end? It's a case by case basis, but on average, in my experience, they tend to fall toward the end of the spectrum that makes me uncomfortable.[/QUOTE]</p><p><br /></p>
[QUOTE="Cherd, post: 7807494, member: 24754"]I get what you are saying, and I agree to some extent. But, in the example that I gave, the dealer isn't charging for "Ebay listing, packaging, etc" fees, they are purchasing the coins/collection and then selling them. This may be a "difference without a distinction" in some people's opinion, but to me, it is important. The type of argument that you are making places value on the effort of selling, and with coins, it would be pretty easy to approximate the value of that effort on a per coin basis. So, for the sake of argument, lets say that it takes 1 hour worth of effort per coin to sell on Ebay (generous approximation by the way), and the seller values their time at $50/hr. That being the case, it would be fair to charge customers $50 per coin as a service fee to sell their item for them. (I don't know how people wouldn't rather do this themselves, but I guess I'm more tech savy than most) On the other hand, if your argument is valid, then buying people's coins with the intention of making $50/coin after fees and expenses would also be reasonable. However, in the case where they pay $1000 for a coin and make $100 profit, that would not be reasonable. And then there are the really problematic cases where people are swindled into accepting next to nothing, and the dealer makes a bundle. All of these factors have to be taken into account, and the evaluation ends up being a matter of degree. But, the question then becomes, where does the average "Coin dealer" fall in this spectrum? More toward the reasonable end? Or more toward the Swindler end? It's a case by case basis, but on average, in my experience, they tend to fall toward the end of the spectrum that makes me uncomfortable.[/QUOTE]
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From where do the dealers and auction sites get their coins?
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