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...weigh, respectively, one ounce, one-half ounce, a quarter of an ounce and a tenth of an ounce. The Eagles will sell to consumers for the market price of gold, which closed last week at $425 per oz., plus an estimated 8% markup. It may take as long as two weeks for the currency to filter down to retail dealers, who will then offer them to the public. The U.S. last issued gold coins in 1933, but then they traded at their face value; bullion coins are literally worth their weight in gold...

Author: /time Magazine | Title: Legal Eagles: A newly minted coin takes off | 11/3/1986 | See Source »

...same time that it is cursed by conventional retailers, the gray market thrives by selling brand-name cameras, consumer electronics, personal computers, cars and even excavators without the imprimatur of a manufacturer's authorized distributor. The products do not have either the standard warranty or the higher markup. Unlike black-market trafficking in stolen or counterfeit goods, gray-market trade is perfectly legal and has even been encouraged by the Reagan Administration...

Author: /time Magazine | Title: Inside the Gray Market | 10/28/1985 | See Source »

...signed opinion piece on Page Two of the March 11 Crimson incorrectly asserted that prices at The Harvard Cooperative Society "are at the high end of the retail spectrum," that The Coop "is not saving its members money," that "retail markup for book sales is on the order of 100 percent," and that the Coop is "poorly managed...

Author: NO WRITER ATTRIBUTED | Title: To Our Readers | 4/4/1985 | See Source »

Book sales are a good example. On the one hand, the Coop has a great selection and has to cope with the tremendous and varied demands for course books from MIT, Harvard, Lesley, and the various Harvard professional schools. But the typical retail markup for book sales is on the order of 100 percent. The Coop sells books at retail--or 10 percent off, counting the rebate. Many bookstores make a considerable profit selling at 10 or 20 percent off. If the Coop is not making a profit, what exactly is it doing with our money...

Author: By John Ross, | Title: The Uncooperative Coop | 3/11/1985 | See Source »

...takes 300 kilos of coca leaves to produce three kilos of paste and one kilo of pure cocaine. The markup in price, according to current U.S. estimates, is no less dramatic. A dollar's worth of leaves costs a trafficker less than $3 as paste and a consumer on the streets of Miami $315 as white powder. Smoking the much cheaper raw coca paste has therefore increasingly become a popular high throughout South America. In Bolivia a matchboxful of paste, enough to make 100 cigarettes, sells for as little as 50 cents. Warns Dr. Ronald Siegel, a psychopharmacologist...

Author: /time Magazine | Title: The Powerful Coca Leaf | 2/25/1985 | See Source »

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