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<p>[QUOTE="medoraman, post: 1276250, member: 26302"]I am sure it depends on the industry and prices of the goods. In my position I oversee a retail food store as part of my job. I will tell you for certain the prices charged are 200-300% of the wholesale price paid, (100-200% markup). Also in my job I know what we charge for food, what a wholesaler of ours charges, and what the price in the store is. On small items it is around 150-200%, on larger ones 75-150% markups.</p><p><br /></p><p>When I was younger I worked in a major computer store. I saw the wholesale prices paid, and on large ticket items it may be only a 30-50% markup, but on smaller items 200-300% is not unheard of.</p><p><br /></p><p>That is the information I have, and the basis of my post on margins. Again, what percent markups do you think AGE has? 1%? 5%? Still low, hence the nature of my post that its difficult for the mint if collectors expect all gains to be theirs, but all losses to be the mint's.</p><p><br /></p><p>Chris[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 1276250, member: 26302"]I am sure it depends on the industry and prices of the goods. In my position I oversee a retail food store as part of my job. I will tell you for certain the prices charged are 200-300% of the wholesale price paid, (100-200% markup). Also in my job I know what we charge for food, what a wholesaler of ours charges, and what the price in the store is. On small items it is around 150-200%, on larger ones 75-150% markups. When I was younger I worked in a major computer store. I saw the wholesale prices paid, and on large ticket items it may be only a 30-50% markup, but on smaller items 200-300% is not unheard of. That is the information I have, and the basis of my post on margins. Again, what percent markups do you think AGE has? 1%? 5%? Still low, hence the nature of my post that its difficult for the mint if collectors expect all gains to be theirs, but all losses to be the mint's. Chris[/QUOTE]
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