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<p>[QUOTE="medoraman, post: 5408331, member: 26302"]I agree and not actually, (if you are referring to selling at gun shows). </p><p><br /></p><p>The weird thing about coin collecting is we tend to live in a certain level of the market. We do it so often and so long we forget we are doing it. We live in the "I know what grey sheet says, (or auction results, etc), are informed buyers, and know plenty of competitors for similar products" area. Informed buyers. As such, we simply laugh at what the Littleton's and TV shows charge, and accuse them of overcharging. However, there is a time and place value to items besides innate value. Littleton and TV shows provide time and place value for buyers, just like buying groceries at a gas station is more expensive than most grocery stores. </p><p><br /></p><p>So yeah, going there with an intent to "rip off" someone is not good, setting up at such a show and offering coins that buyers there may not have any clue can be bought and where to buy them is offering time and place utility for many. As such, a premium to over costs and risk is not out of line. </p><p><br /></p><p>Just my opinion. Like I said, we live so long at "low retail, high wholesale" pricing levels many of us no longer even realize that MOST people do not know what we know, and our knowledge is valuable. Its not immoral for others to pay more than we do, just like gas stations or airport kiosks are not "immoral", just expensive and avoided if you know better.[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 5408331, member: 26302"]I agree and not actually, (if you are referring to selling at gun shows). The weird thing about coin collecting is we tend to live in a certain level of the market. We do it so often and so long we forget we are doing it. We live in the "I know what grey sheet says, (or auction results, etc), are informed buyers, and know plenty of competitors for similar products" area. Informed buyers. As such, we simply laugh at what the Littleton's and TV shows charge, and accuse them of overcharging. However, there is a time and place value to items besides innate value. Littleton and TV shows provide time and place value for buyers, just like buying groceries at a gas station is more expensive than most grocery stores. So yeah, going there with an intent to "rip off" someone is not good, setting up at such a show and offering coins that buyers there may not have any clue can be bought and where to buy them is offering time and place utility for many. As such, a premium to over costs and risk is not out of line. Just my opinion. Like I said, we live so long at "low retail, high wholesale" pricing levels many of us no longer even realize that MOST people do not know what we know, and our knowledge is valuable. Its not immoral for others to pay more than we do, just like gas stations or airport kiosks are not "immoral", just expensive and avoided if you know better.[/QUOTE]
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