Moxking; I have to agree that starting an auction at a high starting price is a great way NOT to sell something, or to sell it at slightly higher than the starting price. My most successful auctions were started at .99 cents. They far outweigh the auctions where I lost money. Probably at a hundred to one.
I've been a dealer for a few decades now. Like most dealers I buy most of my Lincolns for 2 to 5 cents each. For me it is all about making a profit. Not selling at RedBook or CoinWorld prices. If I buy 200 Lincolns for $4 and sell them for $200; I'm a happy camper. And I do this inside of a month. Now I do sell high grade and more desirable coins for a better price, but I price my coins to sell.
NSS-52; my "other" job is in IT. It is all a matter of storage. Processing is so negligible that I don't know any IT manager that worries about it, or uses it in cost analysis. It could potentially cost more only if you have more data that needs to be stored than you have servers or hard drives available. Longer duration auctions lead to more data storage. Most of that is mute as the amount of storage is static.
It is kinda like the gas tank in your car. Whether it is empty or full; it is still there and cost you no more, nor less than when you originally bought your car. It only cost you more when you have more gas to store than you tank can handle and you have to buy a spare gas can.
I've been a dealer for a few decades now. Like most dealers I buy most of my Lincolns for 2 to 5 cents each. For me it is all about making a profit. Not selling at RedBook or CoinWorld prices. If I buy 200 Lincolns for $4 and sell them for $200; I'm a happy camper. And I do this inside of a month. Now I do sell high grade and more desirable coins for a better price, but I price my coins to sell.
NSS-52; my "other" job is in IT. It is all a matter of storage. Processing is so negligible that I don't know any IT manager that worries about it, or uses it in cost analysis. It could potentially cost more only if you have more data that needs to be stored than you have servers or hard drives available. Longer duration auctions lead to more data storage. Most of that is mute as the amount of storage is static.
It is kinda like the gas tank in your car. Whether it is empty or full; it is still there and cost you no more, nor less than when you originally bought your car. It only cost you more when you have more gas to store than you tank can handle and you have to buy a spare gas can.





















