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<p>[QUOTE=&quot;andrew289, post: 467214, member: 6463&quot;]I&#039;m not sure where you went to business school or how long ago it was but you are mistaken. In the normal market place, prices are determined by fair market value and what your competition is selling the exact same product for. You want to be competitive and maximize profit but if you price to high, no one will buy.</p><p>&nbsp;</p><p>The coin business is an exception. No two items that you offer for sale are the same and prices are not determined by any reasonable manner. The coin dealer grades high and the buyer under grades as a part of doing business. It&#039;s a barter transaction therefore all bets are off. </p><p>&nbsp;</p><p>Chances are, one of the two parties will be more knowledgable than the other and will try to use that knowlege to their advantage. It&#039;s only natural as no one wants to be taken advantage of.</p><p>&nbsp;</p><p>When a buyer asks how much, the seller always high balls in the hope that the buyer bites. If he doesn&#039;t bit, let the dance begin. </p><p>&nbsp;</p><p>In my opinion, it&#039;s not ethical to sell a $15 coin for $35 but it happens all the time. Ofcourse you can quote caveat emptor blah blah blah ..they get what they deserve...I just don&#039;t agree.[/QUOTE]</p><p><br /></p>

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