Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
Just Became an Ebay Powerseller
>
Reply to Thread
Message:
<p>[QUOTE="GDJMSP, post: 765891, member: 112"]Matt - I don't disagree with you very often, and I'm not disagreeing that buying at shows or shops is the better way to go. I am only disagreeing about buyer's fees paid to an auction house.</p><p><br /></p><p>Buying fees (at an auction house) are not an "extra", nor are they an added cost as most people always seem to think of them.</p><p><br /></p><p>In order for a buyer's fee to be an added cost or an extra, that would mean that you would have to be able to go to a show or a dealer's shop and buy the very same coin for your bid minus the buyer's fee.</p><p><br /></p><p>Problem is you can't do that. Oh you may from time be able to find an example where you can do it. But the vast majority of the time if you buy the same coin at a show or at a dealer's shop you will pay the same amount that you bid plus your buyer's fee.</p><p><br /></p><p>In other words - if a coin you purchase from Heritage cost you $550 (and that $550 includes your buyer's fee), you will pay that same $550 at a show or a dealer's shop for the every same coin.</p><p><br /></p><p>So in the end - you aren't saving anything but buying at a show or a dealer's shop. The only advantage that buying from one of those 2 venues gives you is the ability to see the coin in person. Yes, that is a huge advanatge. But it doesn't save you any out of pocket money.</p><p><br /></p><p>Buyer's fees are not an extra ![/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 765891, member: 112"]Matt - I don't disagree with you very often, and I'm not disagreeing that buying at shows or shops is the better way to go. I am only disagreeing about buyer's fees paid to an auction house. Buying fees (at an auction house) are not an "extra", nor are they an added cost as most people always seem to think of them. In order for a buyer's fee to be an added cost or an extra, that would mean that you would have to be able to go to a show or a dealer's shop and buy the very same coin for your bid minus the buyer's fee. Problem is you can't do that. Oh you may from time be able to find an example where you can do it. But the vast majority of the time if you buy the same coin at a show or at a dealer's shop you will pay the same amount that you bid plus your buyer's fee. In other words - if a coin you purchase from Heritage cost you $550 (and that $550 includes your buyer's fee), you will pay that same $550 at a show or a dealer's shop for the every same coin. So in the end - you aren't saving anything but buying at a show or a dealer's shop. The only advantage that buying from one of those 2 venues gives you is the ability to see the coin in person. Yes, that is a huge advanatge. But it doesn't save you any out of pocket money. Buyer's fees are not an extra ![/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
Just Became an Ebay Powerseller
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...