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Coin Prices- Ebay has made them irrelevant?
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<p>[QUOTE="umtrr-author, post: 145186, member: 5719"]I think that with the usual "caveat emptor" (which applies everywhere!) there has been a large opportunity to sit back and review more coins from the comfort of one's home than would have been possible otherwise.</p><p><br /></p><p>I'm not sure what this does in terms of the "official" price guidelines though. There are a lot of different things that can affect an eBay transaction that might not influence an over the counter buy or sell at a dealer; e.g. time of the auction, amount of interest, quality of description, quality of photos, reputation of seller (feedback), newness of seller, etc. But can't the same be said for live auctions and mail bids? </p><p><br /></p><p>My/our personal experience with eBay with respect to coins has been limited mostly to "window shopping" but I see that hasn't stopped anyone else! The sheer volume of material listed at any one time is a bit overwhelming. Well, that's what searches are for.</p><p><br /></p><p>A sidebar: In my other hobby, by the way, the authors of the several price guides on collectible N Scale model trains have declared that eBay is not a legitmate venue for inclusion because there are too many variables including but not limited to mis-representation of condition. Interesting point of view, although not one I agree with. But then again I've been a bit of a radical in that area anyway.[/QUOTE]</p><p><br /></p>
[QUOTE="umtrr-author, post: 145186, member: 5719"]I think that with the usual "caveat emptor" (which applies everywhere!) there has been a large opportunity to sit back and review more coins from the comfort of one's home than would have been possible otherwise. I'm not sure what this does in terms of the "official" price guidelines though. There are a lot of different things that can affect an eBay transaction that might not influence an over the counter buy or sell at a dealer; e.g. time of the auction, amount of interest, quality of description, quality of photos, reputation of seller (feedback), newness of seller, etc. But can't the same be said for live auctions and mail bids? My/our personal experience with eBay with respect to coins has been limited mostly to "window shopping" but I see that hasn't stopped anyone else! The sheer volume of material listed at any one time is a bit overwhelming. Well, that's what searches are for. A sidebar: In my other hobby, by the way, the authors of the several price guides on collectible N Scale model trains have declared that eBay is not a legitmate venue for inclusion because there are too many variables including but not limited to mis-representation of condition. Interesting point of view, although not one I agree with. But then again I've been a bit of a radical in that area anyway.[/QUOTE]
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