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<p>[QUOTE=&quot;Derek2200, post: 3781988, member: 106755&quot;]You should take the price your willing to pay off the bourse and subtract the auction house fee at the very least.</p><p><br /></p><p>Let’s say I am a buyer at 10 pct back of CDN bid on a coin that bids for 1000.&nbsp; The auction house fee is 20 pct.&nbsp; My high bid is .80 x .90 x CDN bid.&nbsp; Or 72 pct of bid.&nbsp; I input my $720 bid as close to auction close as possible. If bid up beyond what I want to pay go to another item on watchlist. Beyond that I am not a bidder there.&nbsp; No desire get in bid war with some collector.&nbsp; As far as shipping I either allocate that to inventory cost or book as sch c office expense.</p><p><br /></p><p>I use auction sniper for eBay.&nbsp; For auctions like GC I may input a bid in the last 60 seconds.</p><p><br /></p><p>Your right on - just take what your willing to pay less the juice and bid that.&nbsp; As far as the sellers I believe they would get more shopping the coin around the bourse at a show or by opening an eBay store.</p><p><br /></p><p>As far as the rabid buyer bidding it up let them be the end user.&nbsp; That’s not for me and I doubt its where you want to be.&nbsp; Usually I have a watch list of items of interest with notes as to MV and (or) Bid prepared before hand.&nbsp; Once it gets within an hour of closing I go back over the watch list culling out items already bid up too high or low end trash.&nbsp; Then I wait until the countdown close enough jump in make a bid with a good chance winning it at my price.&nbsp; Then once received the item is put in my online store at retail (it could be CPG or simply cost plus).&nbsp; Sometimes these will sell in a week or 2 bringing a good margin much to my delight.&nbsp; Other material bought considerably below bid&nbsp; I may flip to other dealers from my table at minimal profit at a show.</p><p><br /></p><p>I may adjust my bid higher on something I really want say bid plus 5pct.&nbsp; I know I have an advantage over low ballers or those who don’t take the sheet.[/QUOTE]</p><p><br /></p>

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