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<p>[QUOTE=&quot;GDJMSP, post: 135144, member: 112&quot;]There is also something else you should do before you pay any attention to a current high bid or realized auction price on ebay - consider the buyer or bidder. No I&#039;m not talking about them being a shill, although that is always a possibility. I am talking about whether or not they know what they are doing.</p><p><br /></p><p>How do you determine that ? Easy, look at the items they bought and how much they paid for them. </p><p><br /></p><p>If a buyer has a consitent record of substantially overpaying for common coins the odds are quite good they haven&#039;t a clue about what they are doing. And because of that the particular auction and its final price should be ignored without a second thought. That&#039;s why many coin dealers will tell you that the realized auction prices on ebay don&#039;t mean a thing in regard to the value of a given coin.</p><p><br /></p><p>However, if you take the time to do your homework and separate good realized prices from the bad - ebay can be a valuable resource. Trouble is - very few do this. They just accept what they see at face value. Big mistake.[/QUOTE]</p><p><br /></p>

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