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<p>[QUOTE="John Skelton, post: 3384269, member: 92092"]Okay, I just checked out Regency Auction 31 and some of the bids shock me. Can I take the current bids as being realistic? What I'm talking about, for example, is a 1891-O Morgan MS66 with five bids currently at $55,000! How does that relate to the real world? I guess the thing is I have a 1891-O Morgan, among others, and I wonder if this auction means my coin can realize the same worth? If it's true, as others here have said, that we should look to auction prices to determine the value of a coin, what does that mean for me? Does it matter if it is a VAM for the value?[/QUOTE]</p><p><br /></p>
[QUOTE="John Skelton, post: 3384269, member: 92092"]Okay, I just checked out Regency Auction 31 and some of the bids shock me. Can I take the current bids as being realistic? What I'm talking about, for example, is a 1891-O Morgan MS66 with five bids currently at $55,000! How does that relate to the real world? I guess the thing is I have a 1891-O Morgan, among others, and I wonder if this auction means my coin can realize the same worth? If it's true, as others here have said, that we should look to auction prices to determine the value of a coin, what does that mean for me? Does it matter if it is a VAM for the value?[/QUOTE]
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