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<p>[QUOTE="Valentinian, post: 7878677, member: 44316"]In June 2020 I won about $200 in coins at an European auction and shipping was about $18, FedEx. That's pretty normal. In the same firm's April 2021 auction I bid and won $40 in coins and the invoice came with 40 GB pounds for shipping! (More than the coins!). I looked in the terms of sale and there is was, 40 pounds shipping to the US. I wrote and complained and said they had shipped for much less the previous time. After a few emails back and forth, they revised it down to 20 pounds. I paid, but was not happy about it. </p><p><br /></p><p>Now I read the auction-sale terms. I make sure I know what shipping will cost. Also, in my records, I keep track of shipping costs, buyer's fee percentage, and anything else (e.g. 1% insurance fee) that makes the cost higher than a simple conversion of the hammer price to dollars (e.g. PayPal fees charged by the firm and PayPal's poor exchange rates). When I pay, I compute the ratio of my actual total dollar cost to the hammer price (in euros or pounds) and it is usually 1.6 to 1.8 dollars per euro (lower for higher totals). When the euro is at $1.20 and you bid on low value coins you can end up paying $1.70 per hammer euro. That's a big difference![/QUOTE]</p><p><br /></p>
[QUOTE="Valentinian, post: 7878677, member: 44316"]In June 2020 I won about $200 in coins at an European auction and shipping was about $18, FedEx. That's pretty normal. In the same firm's April 2021 auction I bid and won $40 in coins and the invoice came with 40 GB pounds for shipping! (More than the coins!). I looked in the terms of sale and there is was, 40 pounds shipping to the US. I wrote and complained and said they had shipped for much less the previous time. After a few emails back and forth, they revised it down to 20 pounds. I paid, but was not happy about it. Now I read the auction-sale terms. I make sure I know what shipping will cost. Also, in my records, I keep track of shipping costs, buyer's fee percentage, and anything else (e.g. 1% insurance fee) that makes the cost higher than a simple conversion of the hammer price to dollars (e.g. PayPal fees charged by the firm and PayPal's poor exchange rates). When I pay, I compute the ratio of my actual total dollar cost to the hammer price (in euros or pounds) and it is usually 1.6 to 1.8 dollars per euro (lower for higher totals). When the euro is at $1.20 and you bid on low value coins you can end up paying $1.70 per hammer euro. That's a big difference![/QUOTE]
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