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<p>[QUOTE="GDJMSP, post: 20209, member: 112"]Nd - </p><p><br /></p><p>I was not going to comment on this further but I feel I must as I just disagree with too many things. First of all, as I said in another thread - ebay is not the problem, it is just the venue. The problem is the uscrupulous sellers you can find there. By the same token - just because a guy has a coin shop doesn't make him honest and it certainly doesn't mean he will take care of his customers - at least not in the way you mean. There are just as many unscrupulous dealers in brick and mortar shops as there on ebay. In fact I know of more than few who I would not buy from in their shops and they also sell on ebay. I won't buy from them there either.</p><p><br /></p><p>Ebay also has a great many honest & reputable sellers - who just like the honest dealers who own coin shops - do take care of their customers. And more than a few of them sell both in their shops and on ebay. The plain thruth is - you can't apply general statements like they're crooks or they're honest to sellers on ebay or in coin shops. It depends on each individual. Some are and some are not - it's just that simple. For me, and many others like me, you are correct that the theme on ebay is buyer beware. But ya know what - the theme in a coin shop is buyer beware as well. There is no difference between the two venues. At least not in that regard. And as for the garbage slabs - there are just as many coin shop dealers selling them in their shops as there are sellers on ebay selling them.</p><p><br /></p><p>You are correct about some coins being sold on ebay for more than a collector could buy them for at some coin shops. But in many, many cases - this is not the case at all. You can often purchase coins on ebay for less than in any coin shop. I know, I'm a buyer and I look in both places on a regular basis. I also check the ads in the coin mags.</p><p><br /></p><p>I can understand the statement you made about the high prices coins sell for there - but that is often because those who do not use ebay on a regular basis only look at the current auctions. You are absolutely correct - the extra high prices are being asked. But they are not being accepted in most instances. If you check the completed auctions for almost any coin - you will see these coins with the high prices still sitting there with 0 bids. But the coins with the prices that are listed at or below the retail prices you see in the coin shops - every one of them is sold.</p><p><br /></p><p>You also commented that you can't understand why ebay users say that they can get bargains on ebay and at the same time sell their coins for more - that it doesn't make sense. But it does. You see - when a dealer in a coin shop sells a coin for retail - he usually ask for 15 - 20% above Greysheet ASK. But when he buys a coin from a collector - he usually offers 15 - 20% below Greysheet BID. But if you check the realized prices on ebay - you can rather often find that the person buying - paid aprrox Greysheet ASK - not 20% more. And the person selling - was paid approx Greysheet ASK - not 20% less. Now this percentage may vary - it may be 10% above Greysheet ASK. But that's still better than 20%. That's why it makes sense.</p><p><br /></p><p>What any collector needs to do whether he buys on ebay, at a coin show or at a coin shop - is know what they are buying or know your dealer/seller. It's all the same in any venue. You can be cheated just as fast in either place.[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 20209, member: 112"]Nd - I was not going to comment on this further but I feel I must as I just disagree with too many things. First of all, as I said in another thread - ebay is not the problem, it is just the venue. The problem is the uscrupulous sellers you can find there. By the same token - just because a guy has a coin shop doesn't make him honest and it certainly doesn't mean he will take care of his customers - at least not in the way you mean. There are just as many unscrupulous dealers in brick and mortar shops as there on ebay. In fact I know of more than few who I would not buy from in their shops and they also sell on ebay. I won't buy from them there either. Ebay also has a great many honest & reputable sellers - who just like the honest dealers who own coin shops - do take care of their customers. And more than a few of them sell both in their shops and on ebay. The plain thruth is - you can't apply general statements like they're crooks or they're honest to sellers on ebay or in coin shops. It depends on each individual. Some are and some are not - it's just that simple. For me, and many others like me, you are correct that the theme on ebay is buyer beware. But ya know what - the theme in a coin shop is buyer beware as well. There is no difference between the two venues. At least not in that regard. And as for the garbage slabs - there are just as many coin shop dealers selling them in their shops as there are sellers on ebay selling them. You are correct about some coins being sold on ebay for more than a collector could buy them for at some coin shops. But in many, many cases - this is not the case at all. You can often purchase coins on ebay for less than in any coin shop. I know, I'm a buyer and I look in both places on a regular basis. I also check the ads in the coin mags. I can understand the statement you made about the high prices coins sell for there - but that is often because those who do not use ebay on a regular basis only look at the current auctions. You are absolutely correct - the extra high prices are being asked. But they are not being accepted in most instances. If you check the completed auctions for almost any coin - you will see these coins with the high prices still sitting there with 0 bids. But the coins with the prices that are listed at or below the retail prices you see in the coin shops - every one of them is sold. You also commented that you can't understand why ebay users say that they can get bargains on ebay and at the same time sell their coins for more - that it doesn't make sense. But it does. You see - when a dealer in a coin shop sells a coin for retail - he usually ask for 15 - 20% above Greysheet ASK. But when he buys a coin from a collector - he usually offers 15 - 20% below Greysheet BID. But if you check the realized prices on ebay - you can rather often find that the person buying - paid aprrox Greysheet ASK - not 20% more. And the person selling - was paid approx Greysheet ASK - not 20% less. Now this percentage may vary - it may be 10% above Greysheet ASK. But that's still better than 20%. That's why it makes sense. What any collector needs to do whether he buys on ebay, at a coin show or at a coin shop - is know what they are buying or know your dealer/seller. It's all the same in any venue. You can be cheated just as fast in either place.[/QUOTE]
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