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<p>[QUOTE="bahabully, post: 879662, member: 17555"]This is really no different than any other retail operation.... the margin may be different, but that's probably because the volumes are lower than in a commercial retail operation. I remember working as a delivery boy for a furniture store waaay back in the day,,, I was amazed when I came across the whole sale price list (a "highly" guarded secret), the store would get recliners for $65 and sell them for $400, or $200 on thier 50% discount sales days,, heck they even discounted them 75% and sold them for $100 and made money when they wanted to get rid of stock. Beds were the same,, heck, it was all the same. Furniture mark up is crazy.. 400-500% is the norm. Same thing for diamonds and precious stones,,, $500 dollar diamonds go for $3500 retail..... and should we even bring up cars,,, or USED CARS !</p><p>Anyone in the middleman game makes a living by screwing the customer, it's how they eat... Thier ethics simply define how well they eat in an inverse relationship.</p><p>It's one reason I really like the 'bay,, at least that's a venue that the mass collector population can find other collectors selling thier good with no middleman adding crazy margins into the transaction,, I'll take the 'bay fees associated with selling a coin all day long to avoid the lowballers.</p><p>... don't take this as a coin dealer slam,, it's not, it's just the way the retail game works. I buy from dealers and auctions sites all the time, they tend to offer hard to find items that are not readily available from the collector community sales on the 'bay... however, I still slobber when I see a collector selling on the 'bay,,, over time, you can tell the difference.[/QUOTE]</p><p><br /></p>
[QUOTE="bahabully, post: 879662, member: 17555"]This is really no different than any other retail operation.... the margin may be different, but that's probably because the volumes are lower than in a commercial retail operation. I remember working as a delivery boy for a furniture store waaay back in the day,,, I was amazed when I came across the whole sale price list (a "highly" guarded secret), the store would get recliners for $65 and sell them for $400, or $200 on thier 50% discount sales days,, heck they even discounted them 75% and sold them for $100 and made money when they wanted to get rid of stock. Beds were the same,, heck, it was all the same. Furniture mark up is crazy.. 400-500% is the norm. Same thing for diamonds and precious stones,,, $500 dollar diamonds go for $3500 retail..... and should we even bring up cars,,, or USED CARS ! Anyone in the middleman game makes a living by screwing the customer, it's how they eat... Thier ethics simply define how well they eat in an inverse relationship. It's one reason I really like the 'bay,, at least that's a venue that the mass collector population can find other collectors selling thier good with no middleman adding crazy margins into the transaction,, I'll take the 'bay fees associated with selling a coin all day long to avoid the lowballers. ... don't take this as a coin dealer slam,, it's not, it's just the way the retail game works. I buy from dealers and auctions sites all the time, they tend to offer hard to find items that are not readily available from the collector community sales on the 'bay... however, I still slobber when I see a collector selling on the 'bay,,, over time, you can tell the difference.[/QUOTE]
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