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Here is a very new way of selling high end Coins....similar to Costco

YQQYQQ Posts: 2,708 ✭✭✭✭✭

One of the largest coin dealers , Kuenker, auctioneer in Germany has set up an system for you to become a member and then be allowed to bid or buy high end items.
It operates out of Switzerland... well, taxes are better there I guess.
here is a link to the web site
you must sign up before you get more info....
I guess many of you will run, credit card or LC in hand . have fun...
you might just find what you are looking for. Or be able to sell your extremely high end material...
remember taxes in Switzerland can be an advantage......

Today is the first day of the rest of my life


  • pruebaspruebas Posts: 2,535 ✭✭✭✭✭

    I received that e-mail as well. And signed up (for the free membership).
    Interesting concept. There are 4 levels of membership from free to platinum. The higher level you subscribe to, the sooner you can purchase newps on the site.

    Unfortunately, nothing very exciting to buy at the moment. And what I saw was dealer stock--you shouldn't need to pay any fee to buy coins at those prices. Mostly German and ancients at this time anyway. And only a few participating dealers currently.

  • bidaskbidask Posts: 11,977 ✭✭✭✭✭

    I dont understand the concept ...whats the big deal ?

    I manage money. I earn money. I save money .
    I give away money. I collect money.
    I don’t love money . I do love the Lord God.

  • TomBTomB Posts: 16,502 ✭✭✭✭✭

    @bidask said:
    I dont understand the concept ...whats the big deal ?


    Thomas Bush Numismatics & Numismatic Photography

    In honor of the memory of Cpl. Michael E. Thompson

  • jt88jt88 Posts: 1,493 ✭✭✭✭

    I don't see any coin at all. I will check again in a year.

  • neildrobertsonneildrobertson Posts: 550 ✭✭✭✭
    edited July 31, 2020 7:12PM

    I can afford to shop at Costco...I was expecting someone selling coins in bulk.

  • Looks like another Vcoins?

  • YQQYQQ Posts: 2,708 ✭✭✭✭✭

    Costco makes its money by selling Memberships. 100's of millions worth... net money by just giving you a card. they build warehouses for cash with half that money where their sister Co sells goodies. the profits from actual sales is nearly 100% profit as there is so much MS money left over to operate the organization.
    Kunker is NO dummy... they did their homework. I guess the next step would be franchising to the US.
    It is human to want to be first... at any cost. I predict this method will be very successful after a tough start.
    although... I will not be a client.
    I compared this new Kuenker venture with costo because of the membership fees.

    Today is the first day of the rest of my life
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