Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Ancient Coins
>
From where do the dealers and auction sites get their coins?
>
Reply to Thread
Message:
<p>[QUOTE="Herodotus, post: 7807610, member: 111387"]I'm not discounting the rest of your post, but it is certainly not a generous approximation at all.</p><p><br /></p><p>All of what I mentioned above may take considerable time for one coin. Most all of the process is manually done -- Photos, compiling, printing, packaging, mailing.</p><p><br /></p><p>Can the entire process be done in less time? Perhaps, but to have good visibility; proper photos and descriptions are requisite, as is exemplary customer service.</p><p><br /></p><p>I can almost guarantee that an established regular seller on eBay would have gotten more for your slabbed coins(that you mentioned selling for a lower-than-perhaps-expected price in another thread). Why? Because they have established a reputation on eBay providing exemplary customer service, and they have maintained a clientele willing to pay for it.</p><p><br /></p><p>How is making a 10% profit($100 for a $1000 coin) unreasonable? The dealer is taking on all of the work/liability. A healthy business has to profit to survive.</p><p><br /></p><p>What to do you do for a living?(You don't have to answer this). Do you do it gratis?</p><p><br /></p><p>One can rightfully question the failure in ethics of one that would look to profit from taking advantage of the gullible. However, due diligence is still a responsibility on the part of those that would be 'shopping for a broker'. Yes, it may take a little effort to do some research so that one is not caught suckered into buying the Brooklyn Bridge so-to-speak.</p><p><br /></p><p>As for honest brokers and unethical brokers.. One chooses to see what they choose to focus on. If one chooses to focus on swindler dealers than that is what they'll see in an industry. If one chooses to focus on honest dealers, then that's what they'll see.</p><p><br /></p><p>Do you do the work on your own house or vehicle; are you self-insured; do you provide for your own legal facilities?</p><p><br /></p><p>What do you think a reasonable profit ought to be for such services?</p><p><br /></p><p>Do you hire a general contractor when it comes time that you've decided that you would like to remodel your home? Do you balk at the fact that the contractor charges an additional premium for materials even though they likely have a relationship with suppliers that also provides them a discount?</p><p><br /></p><p>What about your mechanic doing the same?[/QUOTE]</p><p><br /></p>
[QUOTE="Herodotus, post: 7807610, member: 111387"]I'm not discounting the rest of your post, but it is certainly not a generous approximation at all. All of what I mentioned above may take considerable time for one coin. Most all of the process is manually done -- Photos, compiling, printing, packaging, mailing. Can the entire process be done in less time? Perhaps, but to have good visibility; proper photos and descriptions are requisite, as is exemplary customer service. I can almost guarantee that an established regular seller on eBay would have gotten more for your slabbed coins(that you mentioned selling for a lower-than-perhaps-expected price in another thread). Why? Because they have established a reputation on eBay providing exemplary customer service, and they have maintained a clientele willing to pay for it. How is making a 10% profit($100 for a $1000 coin) unreasonable? The dealer is taking on all of the work/liability. A healthy business has to profit to survive. What to do you do for a living?(You don't have to answer this). Do you do it gratis? One can rightfully question the failure in ethics of one that would look to profit from taking advantage of the gullible. However, due diligence is still a responsibility on the part of those that would be 'shopping for a broker'. Yes, it may take a little effort to do some research so that one is not caught suckered into buying the Brooklyn Bridge so-to-speak. As for honest brokers and unethical brokers.. One chooses to see what they choose to focus on. If one chooses to focus on swindler dealers than that is what they'll see in an industry. If one chooses to focus on honest dealers, then that's what they'll see. Do you do the work on your own house or vehicle; are you self-insured; do you provide for your own legal facilities? What do you think a reasonable profit ought to be for such services? Do you hire a general contractor when it comes time that you've decided that you would like to remodel your home? Do you balk at the fact that the contractor charges an additional premium for materials even though they likely have a relationship with suppliers that also provides them a discount? What about your mechanic doing the same?[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Ancient Coins
>
From where do the dealers and auction sites get their coins?
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...