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<p>[QUOTE="Ken Dorney, post: 2689391, member: 76086"]Wow. Must have touched a nerve here, but I'll see if I can play Devils Advocate.</p><p><br /></p><p>Just is a 'big deal auction'? I have no idea, everyone runs auctions these days and I highly suspect that they will replace fixed prices within another decade.</p><p><br /></p><p>Shipping. We all know there are various methods and costs involved. Me, I have for years offered worldwide free shipping. I put the coin in a safe-t-mailer, then inside a bubble mailer, then inside a plain white paper envelope (avoids attention). On top of those expenses there is the actual postage. I can tell you now that the average cost (WITHOUT insurance) is about $5 per package as I do it. When I start running auctions I wont be able to absorb this cost anymore and buyers will have to pay (the profits at auction are razor thin on average).</p><p><br /></p><p>I am not sure what other 'fluff' there is, but I can imagine. There are plenty of outfits who advertise their awesomeness but cant seem to deliver. </p><p><br /></p><p>The bottom line is that while there are many auction houses out there now, they simply wont be around in a few years unless they respond to the needs and demands of their clients. I've been in this business for many years. I have seen many come and go. Big names, and big dollars too. Some of these guys funneled many millions through the hobby (collectively billions) but they are no longer around. Why? They lost touch with their customers (of course there are many other reasons, there has been much fraud, theft, divorce, health, etc).</p><p><br /></p><p>I have no intentions of making those mistakes. When I start my auctions my intention is to ship packages within 24 hours of payment. I think that is fair and to be expected (and of course easily within reality even with just myself as the employee).</p><p><br /></p><p>Bottom line, yes, some people are listening and they will respond to the needs of the buyers. But there are so many factors....[/QUOTE]</p><p><br /></p>
[QUOTE="Ken Dorney, post: 2689391, member: 76086"]Wow. Must have touched a nerve here, but I'll see if I can play Devils Advocate. Just is a 'big deal auction'? I have no idea, everyone runs auctions these days and I highly suspect that they will replace fixed prices within another decade. Shipping. We all know there are various methods and costs involved. Me, I have for years offered worldwide free shipping. I put the coin in a safe-t-mailer, then inside a bubble mailer, then inside a plain white paper envelope (avoids attention). On top of those expenses there is the actual postage. I can tell you now that the average cost (WITHOUT insurance) is about $5 per package as I do it. When I start running auctions I wont be able to absorb this cost anymore and buyers will have to pay (the profits at auction are razor thin on average). I am not sure what other 'fluff' there is, but I can imagine. There are plenty of outfits who advertise their awesomeness but cant seem to deliver. The bottom line is that while there are many auction houses out there now, they simply wont be around in a few years unless they respond to the needs and demands of their clients. I've been in this business for many years. I have seen many come and go. Big names, and big dollars too. Some of these guys funneled many millions through the hobby (collectively billions) but they are no longer around. Why? They lost touch with their customers (of course there are many other reasons, there has been much fraud, theft, divorce, health, etc). I have no intentions of making those mistakes. When I start my auctions my intention is to ship packages within 24 hours of payment. I think that is fair and to be expected (and of course easily within reality even with just myself as the employee). Bottom line, yes, some people are listening and they will respond to the needs of the buyers. But there are so many factors....[/QUOTE]
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