A question about Online Auctions.....

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typeviic
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A question about Online Auctions.....

#1 Unread post by typeviic »

I have been logged in an observing many online auction sites and have noticed that 95% of all Coin sales are at or around top, open market price. Plus, there are shipping fees and 15%-19% premium added to the buyers total! I always thought that "auctions" were a place to get good deals. What i'm saying, is that if you have to pay such a high price at online auctions, you may as well buy from local coin dealers.
I use the CPG Coin & Currency market Review for avg prices for MS grade levels. Online buyers are buying them at or many times ABOVE their market value.

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Paul
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Re: A question about Online Auctions.....

#2 Unread post by Paul »

:eureka:
.... Please research "Shill Bidding"
C.O.N.E.C.A. Wi State Rep
Fly-In Club Wi State Rep

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