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Belgium 2 euro 2000 - offcenter strike
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<p>[QUOTE="GDJMSP, post: 138041, member: 112"]Yes, there are people on ebay who know what they are doing. But there are 10 times that many who do not. Think about it for a minute. How many people are there who have bought gold plated State Quarter sets for prices like $29.95 to $49.95 ? There might be 10 or 12 different bidders bidding on the same set at those prices. Do you think that means the set is really worth that much ?</p><p><br /></p><p>And that's an example of what I mean by the difference between market value and realized auction prices. Just because someone was willing to pay a given price for an item doesn't mean it has a market value equal to that price. The market value of an item is determined by what people who are knowledgeable in the field are willing to pay for it - not by what someone who doesn't know any better is willing to pay for it.</p><p><br /></p><p>As an example, take the gold plated SQ sets I mentioned. If you were to walk into a dealer's shop with those items, what do think the dealer would pay you for them ? I'll tell you what he'd pay - $1.25 - or face value, because that's all the set is really worth. </p><p><br /></p><p>So with errors like this, there may be those willing to pay $200 or 200 euros, but until it is determined that you can sell the same item to one knowledgeable in the field of world errors for the same amount - it's not really worth that much.[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 138041, member: 112"]Yes, there are people on ebay who know what they are doing. But there are 10 times that many who do not. Think about it for a minute. How many people are there who have bought gold plated State Quarter sets for prices like $29.95 to $49.95 ? There might be 10 or 12 different bidders bidding on the same set at those prices. Do you think that means the set is really worth that much ? And that's an example of what I mean by the difference between market value and realized auction prices. Just because someone was willing to pay a given price for an item doesn't mean it has a market value equal to that price. The market value of an item is determined by what people who are knowledgeable in the field are willing to pay for it - not by what someone who doesn't know any better is willing to pay for it. As an example, take the gold plated SQ sets I mentioned. If you were to walk into a dealer's shop with those items, what do think the dealer would pay you for them ? I'll tell you what he'd pay - $1.25 - or face value, because that's all the set is really worth. So with errors like this, there may be those willing to pay $200 or 200 euros, but until it is determined that you can sell the same item to one knowledgeable in the field of world errors for the same amount - it's not really worth that much.[/QUOTE]
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Belgium 2 euro 2000 - offcenter strike
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