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<p>[QUOTE="GDJMSP, post: 2744497, member: 112"]Tell me this then. Is it safe to say that there are more people on ebay who use sniping programs than there are those who do not ? Let's assume it is. Give that, if the sniping programs do not play a part in driving prices higher, why is that just about any coin you care to pick that is sold on ebay, can be found cheaper elsewhere ? And I'm not saying that sniping programs are solely to blame for higher prices, merely that they play a part in it. </p><p><br /></p><p>The other part is of course the majority of ebay buyers - they don't know what they are doing. They don't know the market, they don't know coins, they don't how to grade correctly, basically they don't know a whole lot. And probably worst of all, they use realized ebay prices as a benchmark to establish values. And if you are using prices that are too high to begin with to establish values, then you are by definition perpetuating prices that are already too high when you buy coins on ebay.</p><p><br /></p><p>Bottom line, unless a collector is very knowledgeable and knows all of the things I listed above, the smartest thing he could do would be to not buy coins on ebay.[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 2744497, member: 112"]Tell me this then. Is it safe to say that there are more people on ebay who use sniping programs than there are those who do not ? Let's assume it is. Give that, if the sniping programs do not play a part in driving prices higher, why is that just about any coin you care to pick that is sold on ebay, can be found cheaper elsewhere ? And I'm not saying that sniping programs are solely to blame for higher prices, merely that they play a part in it. The other part is of course the majority of ebay buyers - they don't know what they are doing. They don't know the market, they don't know coins, they don't how to grade correctly, basically they don't know a whole lot. And probably worst of all, they use realized ebay prices as a benchmark to establish values. And if you are using prices that are too high to begin with to establish values, then you are by definition perpetuating prices that are already too high when you buy coins on ebay. Bottom line, unless a collector is very knowledgeable and knows all of the things I listed above, the smartest thing he could do would be to not buy coins on ebay.[/QUOTE]
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