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<p>[QUOTE=&quot;Alegandron, post: 4799640, member: 51347&quot;]It was stated earlier in the thread that someone had placed 132 opening bids in an Auction. You did not state that.</p><p><br /></p><p>Curious: what if you had bid $2500?&nbsp; Many times I place a max bid, sometimes far exceeding the “estimated price”, if I really want it. If I want something, I bid hard to win, not back and forth bids, as that encourages someone to bid again as a follow up. Human Nature of “tit for tat”.</p><p><br /></p><p>How would you define a Dealer?&nbsp; As a Collector, I have never sold, nor traded any of my coins. I have a few thousand coins in my collection. If I sold ONE coin for a profit on eBay, am I a Dealer? 10 Coins? 100 Coins? 1000 coins?&nbsp; Is it a percentage of coins that I own?</p><p><br /></p><p>What is a coin flipper? Many folks, very active on CT, are only Collectors. Yet, they buy a coin, and later sell it for seed money for a better version of that coin. I have personally bought several coins from friends, wanting to upgrade their coin that I bought from them. Is that a flipper? How do we determine that and exclude them from Auctions? Would they care, since they can buy and sell through other avenues for their collections? And, why would we have to exclude them from Auctions? Would we have to exclude them from OTHER avenues of selling and buying, because they are flipping?</p><p><br /></p><p>I understand many of the major bidders In Auctions are actually individuals, and not businesses.</p><p><br /></p><p>Personally, I feel ANYONE bidding in Auctions create Market Efficiency. The Hammered Price, plus Loading, becomes the Market Price at that time. It does not matter who bought it, what matters is the price purchased on the market, AND that a Buyer purchased it.[/QUOTE]</p><p><br /></p>

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