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<p>[QUOTE="jtlee321, post: 3042503, member: 73983"]You make it sound as if a brick and mortar shop has no operating costs and that somehow eBay is far more expensive. What about the cost of rent, electricity, insurance, payroll if they have employees. I've seen a lot of shops that ask more than eBay prices because of their operating costs. A dealer at a show also has overhead, they are paying for the table space, display cases, lamps, meals, hotel rooms, air fare... In the end those eBay fees and PayPal fees are actually one of the cheapest ways for a dealer to sell inventory.</p><p><br /></p><p>Some of the benefits of buying in person from a dealer is live negotiations, getting to see the coin in hand versus online images and the ability to take your purchase home with you. Buying on eBay, you have to hope the coin you see in the ad is the actual coin you are going to receive. Then you have to wait for it to arrive in the mail, hopefully intact. After factoring in the costs listed above and the benefits listed, I have no issues when a dealer says "This coin sells for X on eBay or Heritage or Great Collections". If I like the coin, I pay up. When I see a coin with a price tag on it, I always ask what's your best price. I then decide if I'm willing to pay that or not. Sometimes I may come back with a counter offer, but most of the time I either purchase the coin or don't. There are dealers that don't put pricing on their coins and I always ask that dealer how much? I then ask if they are firm on that price.</p><p><br /></p><p>Are there dealers that think all of their coins are unique treasures and price them accordingly? Yes, absolutely. I avoid those dealers and shops. They either won't last long or will eventually adjust their prices to realistic levels. The market is the market whether it's virtual or in meat space.[/QUOTE]</p><p><br /></p>
[QUOTE="jtlee321, post: 3042503, member: 73983"]You make it sound as if a brick and mortar shop has no operating costs and that somehow eBay is far more expensive. What about the cost of rent, electricity, insurance, payroll if they have employees. I've seen a lot of shops that ask more than eBay prices because of their operating costs. A dealer at a show also has overhead, they are paying for the table space, display cases, lamps, meals, hotel rooms, air fare... In the end those eBay fees and PayPal fees are actually one of the cheapest ways for a dealer to sell inventory. Some of the benefits of buying in person from a dealer is live negotiations, getting to see the coin in hand versus online images and the ability to take your purchase home with you. Buying on eBay, you have to hope the coin you see in the ad is the actual coin you are going to receive. Then you have to wait for it to arrive in the mail, hopefully intact. After factoring in the costs listed above and the benefits listed, I have no issues when a dealer says "This coin sells for X on eBay or Heritage or Great Collections". If I like the coin, I pay up. When I see a coin with a price tag on it, I always ask what's your best price. I then decide if I'm willing to pay that or not. Sometimes I may come back with a counter offer, but most of the time I either purchase the coin or don't. There are dealers that don't put pricing on their coins and I always ask that dealer how much? I then ask if they are firm on that price. Are there dealers that think all of their coins are unique treasures and price them accordingly? Yes, absolutely. I avoid those dealers and shops. They either won't last long or will eventually adjust their prices to realistic levels. The market is the market whether it's virtual or in meat space.[/QUOTE]
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