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<p>[QUOTE="Evan Kopald, post: 2029489, member: 72907"]I am so bewildered by the increased fees of auction companies being 17.5%, that may also include state sales tax if the winning bid is under $1500 (California), and high shipping charges. One lot I won recent with all the "juice" and fees added created a 23% "fee" for my winning lot. I have never seen a protest about this issue. Let's face it, coins don't increase that much over 10 years - check any price guide, some keys have even gone down in value - check out a 1909 S VDB in 64 RB for example. But the auction companies rake in huge profits. The largest coin auction company boasts almost a billion dollars yearly in sales.</p><p><br /></p><p>For this collector, these fees have taken some of the enjoyment away from coin-collecting. </p><p><br /></p><p>Does anyone feel the same way I do? And if so, how to get back to the days of 10%?[/QUOTE]</p><p><br /></p>
[QUOTE="Evan Kopald, post: 2029489, member: 72907"]I am so bewildered by the increased fees of auction companies being 17.5%, that may also include state sales tax if the winning bid is under $1500 (California), and high shipping charges. One lot I won recent with all the "juice" and fees added created a 23% "fee" for my winning lot. I have never seen a protest about this issue. Let's face it, coins don't increase that much over 10 years - check any price guide, some keys have even gone down in value - check out a 1909 S VDB in 64 RB for example. But the auction companies rake in huge profits. The largest coin auction company boasts almost a billion dollars yearly in sales. For this collector, these fees have taken some of the enjoyment away from coin-collecting. Does anyone feel the same way I do? And if so, how to get back to the days of 10%?[/QUOTE]
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