Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
Heritage tax on coins in Ohio - very disappointing
>
Reply to Thread
Message:
<p>[QUOTE="mark_h, post: 3300169, member: 3726"]My personal opinion is it makes some coins from dealers more competitive with heritage. On some of the common date common grade coins I now look more closely at dealers. I will still make competitive bids for some of the harder to get items on heritage. I figure if I use a local dealer I still pay the tax. My most recent coin I could beat on a dealers web site but if they charge shipping then I pay the dealer more than I paid heritage. I also found a dealer with several coins from Heritage auctions - it was from a sale in early December or late November(but not a weekly auction). So the coins were on their site but now the dealers profit built in - so if the dealer bought the coin at 500 and paid 635 (assuming shipping) then it was on their website at 750. So if I won it on heritage I might have paid the 660 or so but would have saved versus buying from the dealer. Now if it was my local dealer I would still have to pay tax - plus their profit margin. So I can still save money. I know Amazon has been charging the tax for much longer than heritage. I still save money using Amazon. </p><p><br /></p><p>I do lots of comparative shopping. - so for example if a dealer has a coin at 400 dollars and heritage recent sales are 300(including buyers premium) then I throw on tax and shipping which makes it 330. I would bid on Heritage. Now if the dealer was at 350 I might just buy straight from them. Of course I am assuming the coin is of the same quality. I know there are several dealers no matter what they seem high to me - and one has several I would like to add to my collection. But I just can't see paying 100-200 more than what they routinely go for on heritage. So far I just keep hoping heritage gets one that looks as nice as theirs. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" /></p><p><br /></p><p>Just my own 2 cents worth of opinion. I am really hoping the new taxes keep people from bidding on heritage and I can win a few more. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>
[QUOTE="mark_h, post: 3300169, member: 3726"]My personal opinion is it makes some coins from dealers more competitive with heritage. On some of the common date common grade coins I now look more closely at dealers. I will still make competitive bids for some of the harder to get items on heritage. I figure if I use a local dealer I still pay the tax. My most recent coin I could beat on a dealers web site but if they charge shipping then I pay the dealer more than I paid heritage. I also found a dealer with several coins from Heritage auctions - it was from a sale in early December or late November(but not a weekly auction). So the coins were on their site but now the dealers profit built in - so if the dealer bought the coin at 500 and paid 635 (assuming shipping) then it was on their website at 750. So if I won it on heritage I might have paid the 660 or so but would have saved versus buying from the dealer. Now if it was my local dealer I would still have to pay tax - plus their profit margin. So I can still save money. I know Amazon has been charging the tax for much longer than heritage. I still save money using Amazon. I do lots of comparative shopping. - so for example if a dealer has a coin at 400 dollars and heritage recent sales are 300(including buyers premium) then I throw on tax and shipping which makes it 330. I would bid on Heritage. Now if the dealer was at 350 I might just buy straight from them. Of course I am assuming the coin is of the same quality. I know there are several dealers no matter what they seem high to me - and one has several I would like to add to my collection. But I just can't see paying 100-200 more than what they routinely go for on heritage. So far I just keep hoping heritage gets one that looks as nice as theirs. :) Just my own 2 cents worth of opinion. I am really hoping the new taxes keep people from bidding on heritage and I can win a few more. :)[/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
>
Coin Chat
>
Heritage tax on coins in Ohio - very disappointing
>
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...