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<p>[QUOTE="Cherd, post: 21799564, member: 24754"]Considering the fact that I severely dislike auction companies and the hegemony that they have over collectables markets, it takes a lot of effort to not let my biases run away with me on these topics. I mean... they feel justified in taking 20+% of sale prices as "Buyer's Fees" (which are actually an underhanded way of implementing "Seller's Fees"), sometimes pile seller's fees on top of that, and then charge overblown prices for shipping.</p><p><br /></p><p>All of this based on the value of other people's stuff! And for simply having provided an electronic user interface for making buying/selling convenient. This type of web-based interface isn't difficult to produce, I develop database/user interface packages as a hobbyist, and I could reproduce their websites and mechanics in a month! (Probably take 2 months including debugging and beta-testing, but still!)</p><p><br /></p><p>But, to avoid letting my biases run away with me, I'd give them the benefit of the doubt:</p><p><br /></p><p>- The confusion about NGC's listing of the 3C coin was probably honest human error on their part.</p><p><br /></p><p>- I'd assume that auction companies parse coins out over multiple auctions in an attempt to maximize variety (and therefore profits) in each auction.</p><p><br /></p><p>- So long as you eventually get what you are due, then I wouldn't assume anything nefarious on their part when it comes to your money.</p><p><br /></p><p>All that being said, it still really sucks that hobbyists have to continue feeding them inordinate amounts of money for the purpose of buying and selling collectables. I really wish that we could develop and system for buying/selling/auctioning/trading with each other that eliminated middle-man money skimming. But, with such a system, there will always be garbage people that try to abuse it for their own gains, and therefore, it will probably never happen <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie3" alt=":(" unselectable="on" unselectable="on" /></p><p><br /></p><p>The things that auction companies have going for them are exposure and security (they know who the buyers and sellers are). Avoidance of the extravagant fees would account for "exposure", especially for low value items (<$1K). But, covering security would always be the hang-up.[/QUOTE]</p><p><br /></p>
[QUOTE="Cherd, post: 21799564, member: 24754"]Considering the fact that I severely dislike auction companies and the hegemony that they have over collectables markets, it takes a lot of effort to not let my biases run away with me on these topics. I mean... they feel justified in taking 20+% of sale prices as "Buyer's Fees" (which are actually an underhanded way of implementing "Seller's Fees"), sometimes pile seller's fees on top of that, and then charge overblown prices for shipping. All of this based on the value of other people's stuff! And for simply having provided an electronic user interface for making buying/selling convenient. This type of web-based interface isn't difficult to produce, I develop database/user interface packages as a hobbyist, and I could reproduce their websites and mechanics in a month! (Probably take 2 months including debugging and beta-testing, but still!) But, to avoid letting my biases run away with me, I'd give them the benefit of the doubt: - The confusion about NGC's listing of the 3C coin was probably honest human error on their part. - I'd assume that auction companies parse coins out over multiple auctions in an attempt to maximize variety (and therefore profits) in each auction. - So long as you eventually get what you are due, then I wouldn't assume anything nefarious on their part when it comes to your money. All that being said, it still really sucks that hobbyists have to continue feeding them inordinate amounts of money for the purpose of buying and selling collectables. I really wish that we could develop and system for buying/selling/auctioning/trading with each other that eliminated middle-man money skimming. But, with such a system, there will always be garbage people that try to abuse it for their own gains, and therefore, it will probably never happen :( The things that auction companies have going for them are exposure and security (they know who the buyers and sellers are). Avoidance of the extravagant fees would account for "exposure", especially for low value items (<$1K). But, covering security would always be the hang-up.[/QUOTE]
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