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<p>[QUOTE="zach67005, post: 1486473, member: 31132"]I think what you're experiencing is mass appeal & price ignorance. What I mean is, someone sees a coin that should go for about tree fiddy to four dorrah, but they aren't as hip to the market dictators as you may be. They put a max bid in at $10(only because they enjoy the aesthetics of said coin), this causes the bidders who know what the price should be to lose out when they max bid it by $2 over the market norm(Which they do to ensure it doesn't get away from them). This means that the ignorant bidder wins & is happy with the price they paid(@ this point, $7 dorrah) because of said market ignorance(& the fact that they don't over scrutinize coins in the sub-$10 range). This is the opposite case for higher end (Non US at least)coins, & certain series of US coins too. There are some high demand coins, that if graded would be considered "top-pop" bid at around 5-7% of their FMV, or 4% of catalog value. I would show you an example, but that would be spam. Don't worry, there are 2,000,000 out there somewhere. You are bound to find one that wants to go home with you for reasons other than just the size of your coin budget.</p><p>Good luck![/QUOTE]</p><p><br /></p>
[QUOTE="zach67005, post: 1486473, member: 31132"]I think what you're experiencing is mass appeal & price ignorance. What I mean is, someone sees a coin that should go for about tree fiddy to four dorrah, but they aren't as hip to the market dictators as you may be. They put a max bid in at $10(only because they enjoy the aesthetics of said coin), this causes the bidders who know what the price should be to lose out when they max bid it by $2 over the market norm(Which they do to ensure it doesn't get away from them). This means that the ignorant bidder wins & is happy with the price they paid(@ this point, $7 dorrah) because of said market ignorance(& the fact that they don't over scrutinize coins in the sub-$10 range). This is the opposite case for higher end (Non US at least)coins, & certain series of US coins too. There are some high demand coins, that if graded would be considered "top-pop" bid at around 5-7% of their FMV, or 4% of catalog value. I would show you an example, but that would be spam. Don't worry, there are 2,000,000 out there somewhere. You are bound to find one that wants to go home with you for reasons other than just the size of your coin budget. Good luck![/QUOTE]
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