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Coin market in the last decade - how has it changed?
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<p>[QUOTE="Ken Dorney, post: 2782759, member: 76086"]I dont think I was being so. I know (and have known) rich folks just like I said, and two that I can remember specifically told me they didn't care what they paid or what anything later sold for. Maybe I should have qualified my statement by saying 'some'. My apologies.</p><p><br /></p><p><br /></p><p><br /></p><p>I was going to use him as an example as to how auction results can be skewed. At least one auction house that I recall re-listed many of the coins he 'bought' at the end but never paid for (and this was mentioned in the later auction catalog). Even now some smaller houses will relist coins with a note referencing the previous auction but 'not paid for'.</p><p><br /></p><p>The point I was trying to make is that raw data gives us an uninformed snapshot, though I would suspect that if one were to average out a type you would get very close to the approximation of values and pricing trends. The retail market is far more difficult determine....[/QUOTE]</p><p><br /></p>
[QUOTE="Ken Dorney, post: 2782759, member: 76086"]I dont think I was being so. I know (and have known) rich folks just like I said, and two that I can remember specifically told me they didn't care what they paid or what anything later sold for. Maybe I should have qualified my statement by saying 'some'. My apologies. I was going to use him as an example as to how auction results can be skewed. At least one auction house that I recall re-listed many of the coins he 'bought' at the end but never paid for (and this was mentioned in the later auction catalog). Even now some smaller houses will relist coins with a note referencing the previous auction but 'not paid for'. The point I was trying to make is that raw data gives us an uninformed snapshot, though I would suspect that if one were to average out a type you would get very close to the approximation of values and pricing trends. The retail market is far more difficult determine....[/QUOTE]
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Coin market in the last decade - how has it changed?
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