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<p>[QUOTE="illini420, post: 875754, member: 19423"]I do think us small time collectors can influence a market for certain coins. Remember all that you need to do is get a couple of folks interested in a new area and they will then compete against one another and yourself for the same coins, driving prices up. That's why I usually keep quiet about new sets I'm building <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" /></p><p> </p><p>For example, I didn't reveal that I was building my 1908-S IHC Grading set until it was almost complete. After I revealed the set, prices started to go up on the 1908-S IHC quite substantially. I don't claim that the run up was caused solely by me and my set, but I think it made a difference as since that time I know of at least two other collectors who are building their own 1908-S IHC grading sets and I know they have paid way over the current market prices for certain examples that they needed for their sets. When dealers see this crazy money being paid on a few examples, I think that gives them support to jack up their prices on all examples in their inventory.[/QUOTE]</p><p><br /></p>
[QUOTE="illini420, post: 875754, member: 19423"]I do think us small time collectors can influence a market for certain coins. Remember all that you need to do is get a couple of folks interested in a new area and they will then compete against one another and yourself for the same coins, driving prices up. That's why I usually keep quiet about new sets I'm building :) For example, I didn't reveal that I was building my 1908-S IHC Grading set until it was almost complete. After I revealed the set, prices started to go up on the 1908-S IHC quite substantially. I don't claim that the run up was caused solely by me and my set, but I think it made a difference as since that time I know of at least two other collectors who are building their own 1908-S IHC grading sets and I know they have paid way over the current market prices for certain examples that they needed for their sets. When dealers see this crazy money being paid on a few examples, I think that gives them support to jack up their prices on all examples in their inventory.[/QUOTE]
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