OK, so I was not able to search anything in Lansing, MI, for a variety of reasons (chief not having enough foresight to order half boxes BEFORE I went - doh!!) but I was able to stop into a (the?) local coin shop to peruse things and pick up a folder for my daughter.
While there, I asked what I could sell a 90% half for and was told $11.15. Their price to sell one to me was $13.50, which is about a 20% markup. Is this in the range of what others here experience? Even with feeBay fees (which are paid in part, or in full, by the buyer, in many instances) this seemed like too much of a spread, although I do not begrudge ANY business making whatever profit they can.
Love to hear your thoughts.
PS I'm getting a box EVERYDAY this week! The teller ordered $5,500 worth last time (instead of $500) and was all distraught telling me. I said "No problem, I'll take one a day until they're gone. I just can't carry more on public transportation!! Results (and hopefully, some coin 'porn') to follow!
Tom
While there, I asked what I could sell a 90% half for and was told $11.15. Their price to sell one to me was $13.50, which is about a 20% markup. Is this in the range of what others here experience? Even with feeBay fees (which are paid in part, or in full, by the buyer, in many instances) this seemed like too much of a spread, although I do not begrudge ANY business making whatever profit they can.
Love to hear your thoughts.
PS I'm getting a box EVERYDAY this week! The teller ordered $5,500 worth last time (instead of $500) and was all distraught telling me. I said "No problem, I'll take one a day until they're gone. I just can't carry more on public transportation!! Results (and hopefully, some coin 'porn') to follow!
Tom
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