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<p>[QUOTE=&quot;NPCoin, post: 627733, member: 5629&quot;]As the sought after coin becomes more and more rare, this statement becomes especially true.&nbsp; If there are only 6 of a particular coin, with only 1 being offered for sale at the moment, this statement is absolute...the seller will indeed set the price.&nbsp; As the coin becomes more common and begins to enter mintages of 100k or more, with many coins offered on the market, comparable in quality, the situation may change some.</p><p><br /></p><p>A seller may always be firm in his or her price, as they are the one in actual possession of the sought after coin.&nbsp; But, competition may well drive the seller to bargain with the buyer for the sale.&nbsp; Sure, it may take time, but a less rare coin may be gotten at the price the buyer desires.&nbsp; But it takes time and patience.</p><p><br /></p><p>But, if the price offered by the seller is too high for any prospective buyer, there will not be a sale, until either the buyers relent and spend the ask price, or the seller breaks down and offers the coin at a buyer&#039;s bid.</p><p><br /></p><p>When you are the one adding to your collection, it is most definitely your view of things that matters most.&nbsp; It is your view that will keep you on the hunt for that particular coin for your collection. You may find some that you desire, but do not like the price and pass on in search of another.&nbsp; Or, you may get caught up in the moment and buy that &quot;perfect&quot; coin for your collection and pay what the seller asks.</p><p><br /></p><p>But your opinion of things is still the most important when you are buying. If it comes time to sell for whatever reason, then you assume a secondary position.&nbsp; Yes, you have your ask price, and may even be willing to negotiate down to a specific level. But it will be the buyer&#039;s spend thriftiness, patience, or stubbornness that will eventually win out in the end, unless you are fortunate enough to find an agreeable or fickle buyer who jumps on the opportunity to buy your coin at your asking price.</p><p><br /></p><p>That&#039;s how I see things.&nbsp; When I personally buy coins for my collection, I determine first how the market has been acting with the particular coin in question. After evaluating the market, I determine what place the coin would have overall in my collection. If it is key to my collection, I may be willing to exceed current market trends to obtain a good quality piece. If it is a common addition to my collection, then I would consider holding out until I found something that would fit, but is offered or obtainable below the current market trend.&nbsp; If I do not find what I like within the price range I am willing to pay, I go without.</p><p><br /></p><p>In this sense, I do not personally see any need for CAC as a collector. I may do things completely backward from what most people do, but I&#039;m kind of like that. I don&#039;t find the coin first, then try to negotiate the price. I figure my price range first for what I want, then peruse the market for coins that meet my desired criteria. Once I find the coin to fit my collection, I determine whether or not it is possible to obtain the particular coin at my bid levels, and if not, move on to find another.</p><p><br /></p><p>You may think that by doing things this way that CAC would be ideal since the &quot;PQ&quot; coins would be marked out for me already. But, grading is subjective. What is &quot;PQ&quot; to one, may not be to another. Each person has their own likes and dislikes when it comes to their coins. I take the chance that a coin that I would <b>really</b> like would escape me if I used the CAC stickers as a determiner in my coin buying.[/QUOTE]</p><p><br /></p>

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