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<p>[QUOTE="NPCoin, post: 404058, member: 5629"]What about it? If the seller wants to sell something for a specific price or at a starting price in an auction that is well below the "value" or "worth" of the item, then so be it. Otherwise they can set their reserves, up their prices, etc.</p><p><br /></p><p>I purposefully put "junk" silver on eBay at times below melt on purpose...with Buy It Now! I also put "junk" silver on forums like CoinTalk here also, below melt (though have rarely sold it on forums because most people want to pay below 1/2 melt for "junk"). You can take your "junk" silver to a dealer and get considerably below melt for it. </p><p><br /></p><p>Does that mean that I am being screwed over because I sell a roll of "junk" 1964 Kennedys for 85% melt, with a gem hiding inside? Or that the dealers should be ashamed of themselves for offering 10% below melt for a bag of "junk" 90% halves? Or that a seller on eBay is stupid or ignorant because they get below face value for something?</p><p><br /></p><p>Of course not! Like I said, I place the price sometimes well below because I get it for well below. Could I get more for it? Of course I can! But, if I have already made a considerable markup on the sale and can make it possible for a speculator to make a small profit in the process, I will cut my margin. Not only does this give me a good reputation, but I am able to turn my own vested interest around more quickly, making that money work harder for me.</p><p><br /></p><p>More often than one would imagine, people know exactly what they are doing.[/QUOTE]</p><p><br /></p>
[QUOTE="NPCoin, post: 404058, member: 5629"]What about it? If the seller wants to sell something for a specific price or at a starting price in an auction that is well below the "value" or "worth" of the item, then so be it. Otherwise they can set their reserves, up their prices, etc. I purposefully put "junk" silver on eBay at times below melt on purpose...with Buy It Now! I also put "junk" silver on forums like CoinTalk here also, below melt (though have rarely sold it on forums because most people want to pay below 1/2 melt for "junk"). You can take your "junk" silver to a dealer and get considerably below melt for it. Does that mean that I am being screwed over because I sell a roll of "junk" 1964 Kennedys for 85% melt, with a gem hiding inside? Or that the dealers should be ashamed of themselves for offering 10% below melt for a bag of "junk" 90% halves? Or that a seller on eBay is stupid or ignorant because they get below face value for something? Of course not! Like I said, I place the price sometimes well below because I get it for well below. Could I get more for it? Of course I can! But, if I have already made a considerable markup on the sale and can make it possible for a speculator to make a small profit in the process, I will cut my margin. Not only does this give me a good reputation, but I am able to turn my own vested interest around more quickly, making that money work harder for me. More often than one would imagine, people know exactly what they are doing.[/QUOTE]
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