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<p>[QUOTE="doug444, post: 2688500, member: 38849"]Are you paying sales tax on these auction purchases? Is there a "buyer's premium"? Is there a local CraigsList nearby? All of these factors influence our collective advice.</p><p><br /></p><p>Quarters are OK. I do know that silver dollars (at estate auctions) tend to bring substantially more than they're worth, especially old worn-out CC dates, which are no doubt salted into the auctioneers' inventory by local coin dealers.</p><p><br /></p><p>What I buy at auctions are items that nobody wants and nobody knows anything about. They go straight to eBay. Only years of flea market experience can help you in that general category.</p><p><br /></p><p>My first flea market set-up was over 50 years ago, while I was still in college and needed date money, as MIT (and then a flood of competitors) had just launched computer dating on the OSU campus. Bars, restaurants, theaters, and bowling alleys were making TONS of money. The questionnaire took an hour to fill out, and you got 5 names (supposedly good "matches") for $20, I believe. What fun!</p><p><br /></p><p>I should have become a Mormon and married 5 or 6 of them.</p><p><br /></p><p>======</p><p>I didn't quite answer your question. I went back and saw the 10% buyer's fee (plus sales tax?) and you can surely do better when Apmex has a "deal" on eBay. They ship free, you don't have to waste half a day, and sometimes you get as much as 8% in eBay bucks. My guess would be that eBay gives big bullion sellers a sweetheart deal, which Apmex uses to balance inventories and get new potential buyers' (for higher mark-up items) names, emails, and addresses.</p><p><br /></p><p>I doubt they break even on small 90% sales. It's like grocery coupons, except they deliver the goods.[/QUOTE]</p><p><br /></p>
[QUOTE="doug444, post: 2688500, member: 38849"]Are you paying sales tax on these auction purchases? Is there a "buyer's premium"? Is there a local CraigsList nearby? All of these factors influence our collective advice. Quarters are OK. I do know that silver dollars (at estate auctions) tend to bring substantially more than they're worth, especially old worn-out CC dates, which are no doubt salted into the auctioneers' inventory by local coin dealers. What I buy at auctions are items that nobody wants and nobody knows anything about. They go straight to eBay. Only years of flea market experience can help you in that general category. My first flea market set-up was over 50 years ago, while I was still in college and needed date money, as MIT (and then a flood of competitors) had just launched computer dating on the OSU campus. Bars, restaurants, theaters, and bowling alleys were making TONS of money. The questionnaire took an hour to fill out, and you got 5 names (supposedly good "matches") for $20, I believe. What fun! I should have become a Mormon and married 5 or 6 of them. ====== I didn't quite answer your question. I went back and saw the 10% buyer's fee (plus sales tax?) and you can surely do better when Apmex has a "deal" on eBay. They ship free, you don't have to waste half a day, and sometimes you get as much as 8% in eBay bucks. My guess would be that eBay gives big bullion sellers a sweetheart deal, which Apmex uses to balance inventories and get new potential buyers' (for higher mark-up items) names, emails, and addresses. I doubt they break even on small 90% sales. It's like grocery coupons, except they deliver the goods.[/QUOTE]
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