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<p>[QUOTE="TexasTwister, post: 1460460, member: 37455"]I agree...to a point. Most sellers have capital at risk because they are in the business of buying inventory and then turning it around. Of course there are those who inherit granny's button box full of Walking Liberty halves, too where their risk is zero...it's all upside!</p><p><br /></p><p>The problem sellers encounter is that sometimes they have coins for which there is a limited amount of interest. In other words, a very narrow market. Expecting a seller to list something like this with an opening bid of 1 cent, or 99 cents is just asking for trouble. However, if the seller has something popular, like a Morgan dollar to sell, they could risk having a very low opening bid because they should expect a flurry of bidding on an item like that.</p><p><br /></p><p>I agree with you, Cherd that sellers that list everything at a "full retail" price is aggravating to no end. As a bidder, I enjoy the hunt for bargains and the competition of winning![/QUOTE]</p><p><br /></p>
[QUOTE="TexasTwister, post: 1460460, member: 37455"]I agree...to a point. Most sellers have capital at risk because they are in the business of buying inventory and then turning it around. Of course there are those who inherit granny's button box full of Walking Liberty halves, too where their risk is zero...it's all upside! The problem sellers encounter is that sometimes they have coins for which there is a limited amount of interest. In other words, a very narrow market. Expecting a seller to list something like this with an opening bid of 1 cent, or 99 cents is just asking for trouble. However, if the seller has something popular, like a Morgan dollar to sell, they could risk having a very low opening bid because they should expect a flurry of bidding on an item like that. I agree with you, Cherd that sellers that list everything at a "full retail" price is aggravating to no end. As a bidder, I enjoy the hunt for bargains and the competition of winning![/QUOTE]
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