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Like I need another toned Morgan? However, this one looks amazing!!!
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<p>[QUOTE="Lehigh96, post: 1621418, member: 15309"]Shane,</p><p><br /></p><p>While I agree with you from an ethical standpoint, the toned coin market is fickle, as you know. In an auction setting, you need two bidders to really like the coin in order to maximize your return. When listing coins with high BIN or BO, you get the opportunity to catch the guy who really loves that particular coin and is willing to pay a very high premium for it. Personally, I think your auction style E-Bay business model only works if you have a very large and loyal customer base that checks your listings every week. Other than you and Greattoning, I can think of nobody else who has accomplished such a feat on E-Bay in the toned coin market. The rest of us are relegated to listing our coins with BIN or BO's to avoid losing our shirts.</p><p><br /></p><p>Having said that, I have never listed a toned MS63 Morgan Dollar for anywhere near $1,000. Heck, I have trouble selling MS66's for $1,000.</p><p><br /></p><p>Paul[/QUOTE]</p><p><br /></p>
[QUOTE="Lehigh96, post: 1621418, member: 15309"]Shane, While I agree with you from an ethical standpoint, the toned coin market is fickle, as you know. In an auction setting, you need two bidders to really like the coin in order to maximize your return. When listing coins with high BIN or BO, you get the opportunity to catch the guy who really loves that particular coin and is willing to pay a very high premium for it. Personally, I think your auction style E-Bay business model only works if you have a very large and loyal customer base that checks your listings every week. Other than you and Greattoning, I can think of nobody else who has accomplished such a feat on E-Bay in the toned coin market. The rest of us are relegated to listing our coins with BIN or BO's to avoid losing our shirts. Having said that, I have never listed a toned MS63 Morgan Dollar for anywhere near $1,000. Heck, I have trouble selling MS66's for $1,000. Paul[/QUOTE]
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Like I need another toned Morgan? However, this one looks amazing!!!
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