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<p>[QUOTE="finny, post: 5290096, member: 114280"][USER=89969]@Aleph[/USER] I have to respectfully disagree. Heres why:</p><p>1. I worked retail jobs while putting myself through school. We would get employee discounts of 40% off books, and 35% off movies, and nothing off electronics like game consoles. Essentially I learned that certain items have insanely high markups. Other things, like game consoles, or the Amazon Kindle may actually sell at a loss because they count on the profit coming from the later sales of games and apps, etc. So don't think for a hot minute that we don't all pay high markups for every day goods. And if you get a "deal" there's usually a catch of some sort anyway. </p><p>2. Think about the nature of the ancient coin market specifically. There is no factory where they can just restock as needed. As others have alluded to there are also many laws and regulations and even just plain old ethics to be aware of and navigate. So how do you picture dealers getting their stock in this particular market? To me I can understand the emotional response where you might feel like it's like scalpers selling concert tickets, but it's really very different. I value good dealers for the services they provide - the knowledge they provide and the extra feeling of confidence and trust I can feel when I buy from a reliable dealer. </p><p><br /></p><p>I guess also it's not like this is food or medicine or something essential. This is a hobby market, so price regulations seem inappropriate for this area.[/QUOTE]</p><p><br /></p>
[QUOTE="finny, post: 5290096, member: 114280"][USER=89969]@Aleph[/USER] I have to respectfully disagree. Heres why: 1. I worked retail jobs while putting myself through school. We would get employee discounts of 40% off books, and 35% off movies, and nothing off electronics like game consoles. Essentially I learned that certain items have insanely high markups. Other things, like game consoles, or the Amazon Kindle may actually sell at a loss because they count on the profit coming from the later sales of games and apps, etc. So don't think for a hot minute that we don't all pay high markups for every day goods. And if you get a "deal" there's usually a catch of some sort anyway. 2. Think about the nature of the ancient coin market specifically. There is no factory where they can just restock as needed. As others have alluded to there are also many laws and regulations and even just plain old ethics to be aware of and navigate. So how do you picture dealers getting their stock in this particular market? To me I can understand the emotional response where you might feel like it's like scalpers selling concert tickets, but it's really very different. I value good dealers for the services they provide - the knowledge they provide and the extra feeling of confidence and trust I can feel when I buy from a reliable dealer. I guess also it's not like this is food or medicine or something essential. This is a hobby market, so price regulations seem inappropriate for this area.[/QUOTE]
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