2016 Greg McDonald

[Bigfellani5]

I will cop flack for this but anyway. Let's say auction price is $100. $100 plus 20% auction fee plus dealer margin say 30% plus gst equals $170 which should be retail buy price. Sellprice should be $100 less 20% auction fee less dealer margin of say 30% less gst on sell price which is about $40. This makes the assumption dealer is sending to auction (which many do as a large portion will not sell through their shop). Now Greg would have to get data... work all this out and publish it. Now if you don't like my sums then I imagine Greg tears his hair out coming up with what everyone considers fair. Now devils advocate here. Who care what is considered fair.....you have to work on reality. What you consider fair and reality may never meet.

[trout]

I will cop flack for this but anyway. Let's say auction price is $100. $100 plus 20% auction fee plus dealer margin say 30% plus gst equals $170 which should be retail buy price. Sellprice should be $100 less 20% auction fee less dealer margin of say 30% less gst on sell price which is about $40. This makes the assumption dealer is sending to auction (which many do as a large portion will not sell through their shop). Now Greg would have to get data... work all this out and publish it. Now if you don't like my sums then I imagine Greg tears his hair out coming up with what everyone considers fair. Now devils advocate here. Who care what is considered fair.....you have to work on reality. What you consider fair and reality may never meet.

OK
I'll sick my head out and try and answer this.
The coin went for $100 at auction so to my way of thinking the Market on that particular day valued this coin at $100.
Adding or subtracting all sorts of other costs doesn't change the fact that the coin is still valued at $100 on that particular day.
It is Still a $100 coin

[Greg McDonald]

HI Frenc 11,

Thanks for your post.  If you are at work at the moment, send me an email.  Just want you to know there is absolutely no benefit for me in bringing the book out late. Not only does it aggravate people but the longer I take to finish the book, the more I have to rely on capital. I still haven't worked out a way to make a quid while sitting at a desk, typing!
If you read between the lines of my post of May 26, [Post #55], you should note that I haven't really been in control of my life for almost six years. Over three years, I spend 4000 hours preparing my case after a muppet who has convinced  himself he's a numismatic "expert" told someone that a pre-decimal proof coin I had sold them some years before  was a circulation issue!  In his often amusing evidence he referred to the coins denticles as "Pearlings" and on his website states that the Gallipoli landing was in 1914. Still, invading Turkey before the war actually started would certainly add to the element of surprise!  
After having to admit that he falsified his affidavit, the judge awarded me the highest amount of compensation allowable. The $286,000 awarded would have been the end of it as even half of that amount would have sorted out my overdraft, home loan etc.  Bit of a bugger really, when I got the news that the legal eagles kept the lot as fees and said I still owed them $37,000!  This resulted in the delays with the last two books and the numerous errors occurred due to pressure to get the bboks out.  This time I am double checking everything and including the improvements and corrections that I have received from many selfless collectors including so many from this forum. As I finish sections I pass them on to three or four proof-readers to swat the gremlins.
If being slack or lazy means work less than seven days a week - guilty.  Just for the record, my day starts a 7.30am and generally finishes about 1am next day.  Weekends have been no different since before Christmas except I get more done because of less phone calls and other interruptions.
I'm not having a go at you mate, but you can be assured that if I miss a published deadline - there will be a good reason.  How would you feel if ten years ago, you paid $250,000 for a seat on Richard Branson's Virgin's Space Shuttle.  Seeing he has billions at his disposal and a huge work force, I don't feel quite so bad about my $40 book being a few months late.
On a brighter note, many thanks for the words of reason expressed by Robbiegal, Trout, Shane, Pedro, Ausjack, Hercules and others.  Your positive support is keeping me going.
I must heed the saying I've drilled into my three kids as they were growing up. They are all "free range" thinkers who have often been the butt of ridicule from the 'safe and steady types.'
I forget who originally said this but we should all remember that "Throughout recorded history, people have built monuments and statues to honour painters, poets, statesmen, academics, explorers and inventors --- but never for a critic!"

Well, that's enough from me.  Time for a break, cup of tea and the last few laps of the Canadian GP

Cheers Greg

[trout]

Great to hear from you Mate, So now I suppose we can squash the rumors that you had been kidnapped by the Russians for one of their "Think Tanks" :laugh2:

[Greg McDonald]

No Trout,  not the Russians.  I am considering doing a few courses at the now famous Trump University. I'm looking at the comprehensive course that combines his expertise in diplomacy, vocabulary expansion and tweeting. Course lasts 45 minutes, so shouldn't delay the book by that much.

Cheers

Greg

[spraggdean23]

All the best when it comes to getting the book completed Greg. You don't have to explain to people about what is going on in your private life because it is actually none of their business regardless of whether the book is out late or not.

[trout]

No Trout,  not the Russians.  I am considering doing a few courses at the now famous Trump University. I'm looking at the comprehensive course that combines his expertise in diplomacy, vocabulary expansion and tweeting. Course lasts 45 minutes, so shouldn't delay the book by that much.

Cheers

Greg

I would have thought that 15 minutes would have been ample time to complete that course and that would include the advanced Bullying techniques add on  :angel:

[Unicorn]

Greg McDonald wrote a guide, I-S-B-N-O,
And in this guide, he writes of coins,
Some of which you'll know,
With a penny here and a shilling there,
Here a sixpence, there a florin,
Nothing that is really foreign,
Greg McDonald wrote a guide, so all of us can know.

Greg McDonald wrote a guide, that includes a price,
He sets them with his valued knowlege,
Not just a roll of dice,
With a threepence here and a h'penny there,
Here a crown, there a dollar,
Critics you can let them holler,
Greg McDonald wrote a guide, so please try to be nice,

Greg McDonald does his best, to set the record straight,
Some buyers and sellers might may disagree,
But they can't be both your mate,
With a holey dollar here and a dump over there,
Here a mintage, there a mintage,
For some coins that are more than vintage,
Greg McDonald wrote a guide, with disclaimer he does state,

Greg McDonald wrote a guide, he prices them with grade,
My god this be a labourious task,
With all the mint has made,
With a dodecagonal here and a round one there,
Here a triangle, there a square,
Enough to drive you to despair,
Greg McDonald wrote a guide, based on what might be paid,

Greg McDonald wrote a guide, for which he copped some flack,
He might not please all, but he does please many,
So please cut him some slack,
With a general issue here, a commemorative there,
Here some silver, there some copper,
No wonder that the task's a wopper,
Greg McDonald wrote a guide, now read it front to back.

[Pedro]

Uni, Uni, Uni :laugh2:

Pedro

[JeffH]

I am waiting for the video clip now.

[Hercules]

This time I am double checking everything and including the improvements and corrections that I have received from many selfless collectors including so many from this forum.

You need a better disclaimer, Greg. You shouldn't feel as if you have to get everything perfect in order to publish it.

[ausproofs]

Hey Greg, Humans make mistakes and dont worry too much about those little things.. At the end of the day, if there is a mistake, so what. Not life threatening if you ask me. Good luck with the book, I only have the 2013 book. However it is always next to my bed ... I use it every day to improve my knowledge.

Take care .. AP

[Greg McDonald]

/Users/gregmcdonald/Desktop/BOOK pages : 02. June 1, 2017.pdf/Users/gregmcdonald/Desktop/BOOK pages : 01. June 1, 2017.pdf

[robbiegal]

All the best when it comes to getting the book completed Greg. You don't have to explain to people about what is going on in your private life because it is actually none of their business regardless of whether the book is out late or not.

:agreed::yeah_that::i_agree:

[Hercules]

/Users/gregmcdonald/Desktop/BOOK pages : 02. June 1, 2017.pdf/Users/gregmcdonald/Desktop/BOOK pages : 01. June 1, 2017.pdf

:huh: