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#11
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"Anita" wrote in message ... On Sun, 8 May 2005 17:14:34 -0500, wrote: Thank you for your comment Michael R I don't need to prove it, this is the place todo it. Also I keep a close watch on prices, and the markets don't justify most of there prices. Which prices are you talking about. Some coins don't bring in any money, while others do well. We need a little more information about what you are looking to buy. Most prices I see are reasonable. Many times I feel bad for the seller because I know a coin went well below his/her cost. Anita I hate to appear impudent, but how do you know the seller's cost? James |
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#12
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The next regularly scheduled meeting of dealers to rob the collectors will be at my house on the 11th at 7pm. Please don't be late. Wes --- Outgoing mail is certified Virus Free. Checked by AVG anti-virus system (http://www.grisoft.com). Version: 6.0.859 / Virus Database: 585 - Release Date: 2/14/2005 |
#13
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"Wes Chormicle" wrote in message hlink.net... The next regularly scheduled meeting of dealers to rob the collectors will be at my house on the 11th at 7pm. Please don't be late. Wes I'll be unable to attend, but please carry my proxy vote of "YES" James |
#14
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"Wes Chormicle" wrote in message hlink.net... The next regularly scheduled meeting of dealers to rob the collectors will be at my house on the 11th at 7pm. Please don't be late. Wes Are collectors welcome? I might want to become a seller or a dealer one day. Bruce |
#15
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On Sun, 8 May 2005 18:55:06 -0500, "James Higby"
heezerbumfrool[at]hotmail[dot]com wrote: .... I hate to appear impudent, but how do you know the seller's cost? James If one is familiar with a coin, it's pretty easy to tell. It is easier if the coin is recent. For example, you know if someone sells a quarter for a dime (not considering postage), then the seller takes a loss. This happens quite often with bullion and recent coins when the seller opens with a low bid. It is a gamble to reduce listing costs, but often doesn't work out well. Anita |
#16
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On Mon, 09 May 2005 01:06:10 GMT, "Wes Chormicle"
wrote: The next regularly scheduled meeting of dealers to rob the collectors will be at my house on the 11th at 7pm. Please don't be late. Wes I'll bring the chips and beer... and the data on price fixing :-P Anita |
#17
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"Anita" wrote in message ... On Sun, 8 May 2005 18:55:06 -0500, "James Higby" heezerbumfrool[at]hotmail[dot]com wrote: ... I hate to appear impudent, but how do you know the seller's cost? James If one is familiar with a coin, it's pretty easy to tell. It is easier if the coin is recent. For example, you know if someone sells a quarter for a dime (not considering postage), then the seller takes a loss. This happens quite often with bullion and recent coins when the seller opens with a low bid. It is a gamble to reduce listing costs, but often doesn't work out well. Anita I don't know if it still happens, but at one time modern proofs and commems could regularly be bought for less than issue price from a dealer who had bought it from an estate or from an owner who just needed to raise funds quickly. The value that we read in a price guide doesn't necessarily dictate the price that the seller paid or should have paid for an item. Nor is it necessarily true that the seller paid 2005 prices for the items he sells. I recently heard a story of an elderly man who sold a 1901-S quarter that he had plucked from circulation long ago. Talk about profit! James |
#19
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There a large quantity of overgraded junk sold on ebay but that's the
fault of buyers not sellers. Billy wrote: Thank you for your comment Michael R I don't need to prove it, this is the place todo it. Also I keep a close watch on prices, and the markets don't justify most of there prices. gcartright "Michael R" mrcoinatcomcastdotnet wrote in message ... wrote in message ... Do any of you collectors know what has happened to E-Bay coin prices. I have purchased many coins on E-Bay. It looks like all the sellers have got together, and are trying to robb the private collector, and buyer. I have started going to my local coin shop to buy, and he is more reasonable. Come on Sellers, get with it. PUT OUT gcartright Just curious how that could be done: "all the sellers have got together, and are trying to robb the private collector, and buyer." Any evidence would be helpful. -- Michael R AKA mrae7 on Ebay/Yahoo ANA #173222 |
#20
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On 8-May-2005, wrote: It looks like all the sellers have got together, and are trying to robb the private collector, and buyer. That's an interesting take. Mine would be a little different. I seem to recall that waaaaayyyyyy back in the day, (like 1998 or 1999), coins on Ebay were selling for a lot more than similar pieces at any coin shop I could find. Since then, (and I don't have a lot of empirical data to back this up), it seems to me that coin prices on ebay have come down _relative to other locations at which I might buy the same coins_. This, coupled with somewhat higher Ebay fees, and the near ubuquitous nature of PayPal and its associated fees, has caused a lot of sellers to start coins for their minimum asking price rather than for some ridiculously low figure, since they are less able to rely on high ebay final bid prices. Your mileage may varry. p |
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