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<p>[QUOTE=&quot;omahaorange, post: 1365629, member: 28199&quot;]What, exactly, is a &quot;refined, serious, ethical, courteous collector&quot;?</p><p><br /></p><p>Low value is low value, and no matter how much spin you put on it, it&#039;s worth what it&#039;s worth.&nbsp; How much time and effort are we really talking about here?&nbsp; You buy, move it from one hand to the other, list it for sale, pack it and ship it.&nbsp; You do not put any effort into improving the coin, like you would restoring a car.&nbsp; So you do nothing to <b>increase</b> it&#039;s value (the fact that you own it does nothing for the value).&nbsp; Let me cite another, personal example.&nbsp; Another of my hobbies is woodworking.&nbsp; I have a sister-in-law who makes her living running a ceramics shop from her basement.&nbsp; All of her income comes from teaching art classes at the shop, and selling what she makes at various craft shows.&nbsp; Attending some of these shows, I noticed woodcrafts being sold as well.&nbsp; She once asked me to make things for her to sell.&nbsp; The problem is (and ask anybody who does this) buyers look at the finished product and only want to pay slightly more than the material costs (you got about 5 bucks in wood, I&#039;ll give you 7 dollars) for an item.&nbsp; No consideration for the 20 to 40 hours it took to cut, sand, assemble, and finish the piece.&nbsp; Needless to say I declined, as it is a hobby, not a part-time job.</p><p><br /></p><p>The trick to making a profit is to buy low, sell high (I don&#039;t really need to say this, do I).&nbsp; If you buy high, you are not very savvy as a business person.&nbsp; I&#039;ll say it again, it is completely unreasonable to expect a buyer to cover your losses and include a profit (especially at 10 times the actual value) because you bought near or at retail.&nbsp; And that&#039;s what we&#039;re talking about here.&nbsp; The trick is to sell in lot quantities, less work (fewer listing, less shipping) and better chance to make some money in the process.[/QUOTE]</p><p><br /></p>

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