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<p>[QUOTE=&quot;1934 Wreath Crown, post: 2780924, member: 76965&quot;]Wow all these graphs take me back to Economics lectures at Uni.<img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie2" alt=";)" unselectable="on" unselectable="on" /></p><p><br /></p><p>Can we apply basic economics to items that are so unique? Each item depends on what a particular buyer is willing to pay for it or if a serious buyer was in fact looking for that particular coin at that time. Some want a great portrait, some good metal quality and yet others a good strike or even flan etc. etc.</p><p><br /></p><p>Quality coins will always command a price MUCH higher than the next one below it. Yes I know I&#039;m talking about the hated &#039;coffin&#039; again but most of the guys who are willing to pay the big bucks want to know that an &#039;expert&#039; has checked the coin out and &#039;graded&#039; it. Many of them are investors not passionate collectors. Otherwise these items would cost just a little bit over their bullion value.</p><p><br /></p><p>One just has to look at historical prices, at say Heritage, and its pretty obvious that the Highest Graded sells for 2 maybe 3 times the next best graded, in both moderns and ancients. So I humbly say, old economics, while a helpful tool, will not apply strictly in this case.</p><p><br /></p><p>As for BiN or Best Offer listings, do they really sell well?? My experience is that&nbsp; people often by-pass these listings and end up paying more for auction style items when the BiN option was available all the time for another coin (more relevant to Moderns which are more standardized). Most are hugely overpriced anyway and the seller is only prepared to give a 10% discount on a coin priced 60% more than its true worth.</p><p><br /></p><p>I agree eBay has lost the plot. It is more an electronic shopping mall rather than an auction place in most cases plus it has also lost its reputation among serious buyers. Perhaps eBay with an eBay or online shop could be the way to go??!![/QUOTE]</p><p><br /></p>

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