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Pecunem crashed in the middle of today's auction
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<p>[QUOTE="dougsmit, post: 2033901, member: 19463"]Once upon a time all a dealer had to do was write up a list of coins and open the mail that brought in bids. A few still do business that way but most now have to have an IT department and guard against hackers, power hits and who knows what is next. I wonder if this growing complexity of the business has something to do with the ever increasing buyer's premium. Those of us not going willingly into the smart phone era will increasingly bemoan the lessening percentage of what we pay representing the coin itself and the increasing overhead add-ons. </p><p><br /></p><p>I suspect the big problem at Pecunem today is what to do about lots that were consigned but closed on the cusp of the problem. If one buyer is happy to have no competition another and the seller will see themselves as wronged. There may be no right answer here but there sure are several that will be seen as wrong.[/QUOTE]</p><p><br /></p>
[QUOTE="dougsmit, post: 2033901, member: 19463"]Once upon a time all a dealer had to do was write up a list of coins and open the mail that brought in bids. A few still do business that way but most now have to have an IT department and guard against hackers, power hits and who knows what is next. I wonder if this growing complexity of the business has something to do with the ever increasing buyer's premium. Those of us not going willingly into the smart phone era will increasingly bemoan the lessening percentage of what we pay representing the coin itself and the increasing overhead add-ons. I suspect the big problem at Pecunem today is what to do about lots that were consigned but closed on the cusp of the problem. If one buyer is happy to have no competition another and the seller will see themselves as wronged. There may be no right answer here but there sure are several that will be seen as wrong.[/QUOTE]
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Pecunem crashed in the middle of today's auction
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