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<p>[QUOTE="medoraman, post: 24597065, member: 26302"]I have posted this before but the problem is that all of us here have a kind of distorted view of what level of the food chain we are in. I view magazine and tv ads as "retail" for our hobby. Most of us here know better than that, and we go to specific dealers and shows to buy. Those avenues would be considered "low retail" to wholesale club pricing. You are not wanting to pay for education or fancy frills, just the item. Then you have wholesale, selling to dealers or dealer to dealer. Trying to sell your coins to collectors yourself would be somewhere in between wholesale and wholesale club pricing in most instances. </p><p><br /></p><p>We talk about the "coin market" from our viewpoints, ignoring there is a higher priced market out there where the sellers educate people what is available, how to buy, and its very expensive to do that via tv so they must charge more. Nothing "wrong" wit it, and more there is something "wrong" with a high end grocery store pricing items much higher than wholesale clubs or direct from wholesalers. Time and place utility is a massively underappreciated value firms can offer to consumers. Sure, we feel bad if new people do not do the work to move on from these sellers as they gain more information, but that is on them as consumers.[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 24597065, member: 26302"]I have posted this before but the problem is that all of us here have a kind of distorted view of what level of the food chain we are in. I view magazine and tv ads as "retail" for our hobby. Most of us here know better than that, and we go to specific dealers and shows to buy. Those avenues would be considered "low retail" to wholesale club pricing. You are not wanting to pay for education or fancy frills, just the item. Then you have wholesale, selling to dealers or dealer to dealer. Trying to sell your coins to collectors yourself would be somewhere in between wholesale and wholesale club pricing in most instances. We talk about the "coin market" from our viewpoints, ignoring there is a higher priced market out there where the sellers educate people what is available, how to buy, and its very expensive to do that via tv so they must charge more. Nothing "wrong" wit it, and more there is something "wrong" with a high end grocery store pricing items much higher than wholesale clubs or direct from wholesalers. Time and place utility is a massively underappreciated value firms can offer to consumers. Sure, we feel bad if new people do not do the work to move on from these sellers as they gain more information, but that is on them as consumers.[/QUOTE]
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