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Mercury Dimes For 3 Times Face Value?

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amac44's Avatar
United States
3242 Posts
 Posted 01/21/2008  12:24 pm  Show Profile   Bookmark this reply Add amac44 to your friends list Get a Link to this Reply
Nice EF-AU still go for about $20.00 & 10.00 on a good day. BUs from 1916-1935 are 5-6x the price EF-AU key year coins in BU & higher grade more $$$
Pillar of the Community
United States
2600 Posts
 Posted 01/21/2008  12:50 pm  Show Profile   Bookmark this reply Add Jim1953 to your friends list Get a Link to this Reply
Actually, it is very simple for me. if you are a business, I assume you know what you paid for an item and know the gross profit needed to run the business and set your selling price accordingly. I feel no obligation to adjust their pricing. Now, when dealing with an individual who really has no idea what they have or are dealing with, I try to grade properly and then offer current Gray Sheet bid for any coins that I am interested in. In essence, I am trying to buy as if I am reputable dealer and the dealers appropriate profit margin is what I am putting in my bank. This is not gouging or ripping off anyone. Carl's example is gouging and usurious.

No, this is not holier than thou, just me. I am also the guy who recently found a twenty dollar bill in the isle at Wallyworld and turned it into the manager. I am too close to meeting my maker and I am looking out for my soul.
Jim
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BadThad's Avatar
United States
19949 Posts
 Posted 01/21/2008  1:03 pm  Show Profile   Bookmark this reply Add BadThad to your friends list Get a Link to this Reply
quote:
"Excuse me sir, but you should charge me more for this. It's very valuable and I would hate to see you get taken."



ROFL!

I hear you, I figure they know what they paid and they have marked it for an acceptable profit for them. However, this is quite a different scenario from the OP. Buying a 16D for $0.30 is being just plain crooked IMO.
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Tykimeister's Avatar
United States
882 Posts
 Posted 01/21/2008  1:14 pm  Show Profile   Bookmark this reply Add Tykimeister to your friends list Get a Link to this Reply
Paland
quote:
Tukimeister, you threatened assault if you saw a business deal that you didn't like take place. Do you think you are in the right? Are you implying that assault is fine but buying well under market value isn't? If you did what you said, then you would be a commiting a possible felony and deservedly could be thrown in prison. (Edit: OK, after rereading it, you wouldn't have committed a felony, just embarrassed a person.)



It was more of a figure of speech. What I meant was, I would be sure to tell the old man what a fool he was being, and I would be sure to show that dealer what happens when you get that greedy.
Edited by Tykimeister
01/21/2008 1:15 pm
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