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<p>[QUOTE="GoldFinger1969, post: 3888679, member: 73489"]If this is true in the AGGREGATE, then that pricing pressure would extend to all prices including other online auctions like HA, right ? I don't see that in popular coins I track (Saints, Morgans) and Ebay sellers have other fees/costs that if anything ADDS up to 20% in costs so I'm not sure it's true they are price-cutting to the bottom.</p><p><br /></p><p>I can see low prices at WalMart.com or Amazon but not at Ebay. </p><p><br /></p><p>Most of the $0.99 auctions are set to get people to start the bidding....I've NEVER gotten something from one of those $0.99 auctions that ended up being like 20-30% below FMV. Price rises up slowly or quickly.</p><p><br /></p><p>Same thing with auctions below FMV...the price eventually rises up. I'm bidding on some coins right now below melt value and there is NO WAY even one of them will sell without a premium to bullion value.[/QUOTE]</p><p><br /></p>
[QUOTE="GoldFinger1969, post: 3888679, member: 73489"]If this is true in the AGGREGATE, then that pricing pressure would extend to all prices including other online auctions like HA, right ? I don't see that in popular coins I track (Saints, Morgans) and Ebay sellers have other fees/costs that if anything ADDS up to 20% in costs so I'm not sure it's true they are price-cutting to the bottom. I can see low prices at WalMart.com or Amazon but not at Ebay. Most of the $0.99 auctions are set to get people to start the bidding....I've NEVER gotten something from one of those $0.99 auctions that ended up being like 20-30% below FMV. Price rises up slowly or quickly. Same thing with auctions below FMV...the price eventually rises up. I'm bidding on some coins right now below melt value and there is NO WAY even one of them will sell without a premium to bullion value.[/QUOTE]
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