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<p>[QUOTE=&quot;medoraman, post: 1981568, member: 26302&quot;]I too was in the automotive component industry for a time. That industry is just tough overall.</p><p><br /></p><p>To say, though, that X margin is &quot;required&quot; is simply completely ignoring the obvious. Some industries, mainly commodity type industries, will NEVER have such high margins. Econ 101 will explain why. So, in such an industry, the key to profitability is efficiency and volume. In the coin world, a firm like Heritage or Ebay, moving as much as they do, do not need to make very much per item. A traditional dealer selling one millionth of what Ebay does will have to make higher margin per coin. Neither business model is RIGHT, both set their margins based upon what the market will bear and what they have to have in order to make an overalll profit. Usually with volume comes competition, so usually in business you do not have the luxury of both huge volumes and very high margins. If margins are that high, that will attract a ton of competition knocking margins back down.[/QUOTE]</p><p><br /></p>

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