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<p>[QUOTE=&quot;blsmothermon, post: 947134, member: 26158&quot;]If I may interject... To me the point is not dishonesty, it is simply a discrepancy of price vs. value. From my point of view there are always two numbers on any item. The first is value, this is established in the market and is the most probable amount that a fully informed buyer will pay. Price, however, is the amount that a seller believes that can get for an item to the right buyer. </p><p>&nbsp;</p><p>I feel that the bid that was offered on the coins was based on value. The list price on the website is just that, price. If Littleton wanted to put a price of $3000 on the item, then that is their perogative. As has been said, Littleton is a little overpriced on their items and if someone chose to pay that price, then that is their choice. No one has a gun to their head.</p><p>&nbsp;</p><p>As value goes, there are plenty of people out there willing to pay value for the items that were being offered. The owner doesn&#039;t have a gun to his head forcing him to sell to Littleton. If he felt that the price was unfair, he shouldn&#039;t sell and instead find someone who will pay his price. That is the other issue, the owner has the right to ask whatever price he wants for the item. He may never sell it, but that price is his choice.</p><p>&nbsp;</p><p>As a real estate appraiser, I see properties all the time that are underpriced and overpriced. When I see a property sell overpriced that just tells me that there was something that compelled a specific buyer to pay that price, regardless of value. For me, when it comes to coins it is my choice to stand on the values listed in the Red Book, however it is also my choice that I have never paid book value for any coin I have ever bought. If the seller is asking book or more, I make the choice to walk away. </p><p>&nbsp;</p><p>I hate when anyone is taken advantage of, but if they have ability to make themselves fully informed and do not then in my mind they are party and one-half responsible for their own downfall. I have heard my whole life that ignorance is not innocence, and anyone should realize that no one is resposible for you but yourself. Just my opinion. (edit: I noticed a post from Feb. from this fellow regarding a &quot;fair eqitable asking price&quot; on these coins and it seems like he had a shoulder chip from the beginning about this.)[/QUOTE]</p><p><br /></p>

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