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<p>[QUOTE=&quot;GDJMSP, post: 2588815, member: 112&quot;]The subject of this thread is one of the oldest and most often asked questions there is on this forum. And I suspect it will continue to be asked for as long as this forum exist.</p><p><br /></p><p>Short and sweet answer - Heritage is one of the best bets you have of acquiring a nice coin at a fair price. Now on to the rest.</p><p><br /></p><p><br /></p><p><br /></p><p>No, you don&#039;t subtract anything. BP is nothing more than part of the cost for any coin. And although few realize it, with every single coin any of you have ever purchased, from any source, BP has been part of the cost. You just weren&#039;t aware of it.</p><p><br /></p><p>What I&#039;m trying to tell you is that BP is not an extra, it is not some number added on to the cost of a coin. It is and always was and always will be a part of the cost of any coin - no matter where you buy it. Buy a coin on ebay, BP is part of the cost. Buy a coin from a dealer, BP is part of the cost. Buy a coin from a private individual, BP is part of the cost.</p><p><br /></p><p>But here&#039;s the difference. When you buy a coin from any of those sources they give you 1 single number as the total price you have to pay. And you don&#039;t think anything about it, if you agree with the price you pay it and are happy. What all of those sources don&#039;t tell you is that total cost, the price you pay, is determined by adding several different numbers together - what they had to pay for the coin plus all of their expenses, and their profit margin. And profit margin is just another name for BP. Or more correctly put, BP is just another name for profit margin.</p><p><br /></p><p>So with every single coin you&#039;ve ever purchased - you&#039;ve paid a BP. You just didn&#039;t realize it. Heritage, and other auction houses, merely tell you up front what that BP will be. The other sources simply don&#039;t tell you - that&#039;s the difference.</p><p><br /></p><p><br /></p><p><br /></p><p>Quite often, I would even say the majority of the time, you will get a nicer coin for less money by buying it on Heritage than you will if you buy it on ebay.</p><p><br /></p><p><br /></p><p><br /></p><p>No, it doesn&#039;t add anything at all to the total cost of the coin. It is merely one of many parts of the total cost.[/QUOTE]</p><p><br /></p>

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