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My video review of littleton coin.
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<p>[QUOTE="MentalVirus, post: 1565756, member: 33177"]Never bought from them and probably never will but this is a free market. Are you all for limiting/capping the profits of companies? Because that is basically what you are crying about, they make 'absurd profits" in your opinion? It's not up to you, it's up to the market. If demand dries up, then so will the customers and the profits! They would either have to adjust to the market or go under. If people are dumb enough to pay 3x what something is 'worth' then they deserve whatever they get. Obviously, it was worth it to them when they purchased it. It's not up to the rest of the world to protect them from themselves.</p><p><br /></p><p>Statements like this, regarding any company in our society is absolutely 'absurd' and un-American in my opinion....</p><p><br /></p><p>"There is absolutely no need to double or triple your money selling coins, and that is what littleton does. Even the biggest coin dealers in the nation have stayed afloat for decades by making a small amount on each coin.</p><p> </p><p>For example, littleton buys a silver dollar for $32, then they sell it for $76.50. They make $44.50 on each silver dollar sold. That is an absurd profit."</p><p><br /></p><p>This wouldn't be much different than me saying you should make less profit at your job...you clearly make too much since you can afford to buy coins! You must be ripping off your employer...[/QUOTE]</p><p><br /></p>
[QUOTE="MentalVirus, post: 1565756, member: 33177"]Never bought from them and probably never will but this is a free market. Are you all for limiting/capping the profits of companies? Because that is basically what you are crying about, they make 'absurd profits" in your opinion? It's not up to you, it's up to the market. If demand dries up, then so will the customers and the profits! They would either have to adjust to the market or go under. If people are dumb enough to pay 3x what something is 'worth' then they deserve whatever they get. Obviously, it was worth it to them when they purchased it. It's not up to the rest of the world to protect them from themselves. Statements like this, regarding any company in our society is absolutely 'absurd' and un-American in my opinion.... "There is absolutely no need to double or triple your money selling coins, and that is what littleton does. Even the biggest coin dealers in the nation have stayed afloat for decades by making a small amount on each coin. For example, littleton buys a silver dollar for $32, then they sell it for $76.50. They make $44.50 on each silver dollar sold. That is an absurd profit." This wouldn't be much different than me saying you should make less profit at your job...you clearly make too much since you can afford to buy coins! You must be ripping off your employer...[/QUOTE]
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My video review of littleton coin.
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