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<p>[QUOTE="capegreg, post: 3509964, member: 103424"]Some interesting assumptions here. I know only two ways to make a good profit on the sale of coins. The first is never to buy or sell on ebay or Amazon. Buy your vintage toys on ebay and your Harry Potter books on Amazon. Do your coin buying and selling at the dealers website, store, or table at a show where the price is fair and accurate. ebay is the naive coin dealer who is causing distrust among buyers by allowing counterfeit coins to be auctioned on their website priced by fools who know nothing about the value of a coin. As a dealer, I would not buy any coin that was transacted on ebay or Amazon.</p><p><br /></p><p>The second is to research the coin and wait for a buyers market, then sell from your own website where you're not paying 10% fees on ebay or as high as 30% fees on Amazon. Oh, and regarding stolen coins, any coin dealer who believes a coin may be stolen isn't going to buy the coin. And unless you're submitting hundreds of coins to NGC or PCGS to get grading under $15, expect paying 2X that.[/QUOTE]</p><p><br /></p>
[QUOTE="capegreg, post: 3509964, member: 103424"]Some interesting assumptions here. I know only two ways to make a good profit on the sale of coins. The first is never to buy or sell on ebay or Amazon. Buy your vintage toys on ebay and your Harry Potter books on Amazon. Do your coin buying and selling at the dealers website, store, or table at a show where the price is fair and accurate. ebay is the naive coin dealer who is causing distrust among buyers by allowing counterfeit coins to be auctioned on their website priced by fools who know nothing about the value of a coin. As a dealer, I would not buy any coin that was transacted on ebay or Amazon. The second is to research the coin and wait for a buyers market, then sell from your own website where you're not paying 10% fees on ebay or as high as 30% fees on Amazon. Oh, and regarding stolen coins, any coin dealer who believes a coin may be stolen isn't going to buy the coin. And unless you're submitting hundreds of coins to NGC or PCGS to get grading under $15, expect paying 2X that.[/QUOTE]
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