Reply to Thread

Message:: [QUOTE="Player11, post: 993625, member: 26725"]Their catalog prices are fair, but of course retail. In analyzing their pricing structure they are at CDN Bid plus about 40% (which is what it takes to really make it in the business). Many buyers won't pay retail and this is why I don't offer more than 60% - 70% of CDN on most material. They do move stuff thru their ebay outlet to get cash flow on stuff they can give away. I keep a copy of their retail catalog or CW with their ads for reference at shows on newly purchased material. There is a difference between what a coin will sell for with the right kind of retail buyer down the road vs what you can liquidate it for now on ebay in this economy. L&C recognizes that. To make money in coins you have to buy it right and sell your best material to the right kind of retail buyer. However, there will be a lot of sales with thin P&L in order to generate cash flow.  You need a good portion of your investment in cash in order to take advantage of good deals walking in the shop or up to your table.[/QUOTE]