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<p>[QUOTE="medoraman, post: 2316392, member: 26302"]Um, young sir, I have been in business for about three decades. You do not even want to talk education. I have taught Finance at prestigious MBA universities and am a current business doctoral student. So, as that as my background, you are missing the point. IF you are ALWAYS busy making more money, then your point is valid. However, if you have any down time at all, then the appropriate measure is instead profit maximazation, and that would entail selling any coin over face value you can. Any dealer who has any downtime at all he who is not maximizing his profit from all coin purchases probably will not be in business long, just like any business. I am CFO of a large food firm, and I went out of my way to get an extra pallet on a truck, and find a slightly better return on waste. I only save $80 a truck shipping, but since I pay for about 6,000 truck shipments a year it added up. Profit maximazation should always be your goal. Your labor is "free" if you are a business owner and have nothing more profitable to do at 10pm at night.</p><p><br /></p><p>As for assuming I have never sold coins, wrong again. You should be careful what you assume on the internet.[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 2316392, member: 26302"]Um, young sir, I have been in business for about three decades. You do not even want to talk education. I have taught Finance at prestigious MBA universities and am a current business doctoral student. So, as that as my background, you are missing the point. IF you are ALWAYS busy making more money, then your point is valid. However, if you have any down time at all, then the appropriate measure is instead profit maximazation, and that would entail selling any coin over face value you can. Any dealer who has any downtime at all he who is not maximizing his profit from all coin purchases probably will not be in business long, just like any business. I am CFO of a large food firm, and I went out of my way to get an extra pallet on a truck, and find a slightly better return on waste. I only save $80 a truck shipping, but since I pay for about 6,000 truck shipments a year it added up. Profit maximazation should always be your goal. Your labor is "free" if you are a business owner and have nothing more profitable to do at 10pm at night. As for assuming I have never sold coins, wrong again. You should be careful what you assume on the internet.[/QUOTE]
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