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<p>[QUOTE=&quot;Severus Alexander, post: 8319570, member: 84744&quot;]Well, yes, if we define value relative to a moment and a specific set of potential buyers (the ones paying attention at that moment).&nbsp; That ends up being pretty much the same thing as price.&nbsp; But there are other notions of value, like (fair) market value, &quot;the estimated amount for which a property should exchange on the date of valuation between a willing buyer and a willing seller in an arm’s-length transaction after proper marketing <i>wherein the parties had each acted knowledgeably, prudently, and without compulsion</i>.&quot;&nbsp; Donna and I are talking about value in that sense. (See <a href="https://en.wikipedia.org/wiki/Value_%28economics%29" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://en.wikipedia.org/wiki/Value_%28economics%29" rel="nofollow">value</a>, <a href="https://en.wikipedia.org/wiki/Market_value" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://en.wikipedia.org/wiki/Market_value" rel="nofollow">market value</a>, <a href="https://en.wikipedia.org/wiki/Fair_market_value" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://en.wikipedia.org/wiki/Fair_market_value" rel="nofollow">fair market value</a>, <a href="https://en.wikipedia.org/wiki/Fair_value" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://en.wikipedia.org/wiki/Fair_value" rel="nofollow">fair value</a>, and <a href="https://en.wikipedia.org/wiki/Theory_of_value_(economics)" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://en.wikipedia.org/wiki/Theory_of_value_(economics)" rel="nofollow">theory of value</a>.&nbsp; Apparently a lot of ink has been spilled on these issues. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie8" alt=":D" unselectable="on" unselectable="on" />)&nbsp; No doubt the price difference between my coin and the Peus coin have a lot more to do with the particular buyers that were paying attention to the different auctions than anything else.&nbsp; I think I was a more prudent and knowledgeable buyer than the buyer of the Peus coin, but I may be biased. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie101" alt=":woot:" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>

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