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<p>[QUOTE="touchekidd, post: 123701, member: 4220"]I think you all know by now I am new at this hobby and knew very little about the ins and outs of all of this.</p><p><br /></p><p>Here is my new question. WHO establishes value? Today I spoke with several coin dealers who I found on the internet...all had membership associations, etc. I have a large amount of 2004 P Peace nickels to sell...when I spoke to these dealers they all told me that eBay is no way to establish value. I asked why not....if on ebay someone is willing to pay X for an item, isn't that an established value. I see ebay as a real market, yet these dealers all kept telling me that ebay is no barometer for value. </p><p><br /></p><p>Do they want me to believe them so they can low ball me an offer. I do realize that if they purchase something they have to have room to turn it around for a profit....so who do you believe.</p><p><br /></p><p>At this point I am trying to figure out the best way and the best market to sell my supply. Right now I am leaning toward ebay. Where I live there are no dealers or shows. </p><p><br /></p><p>What do you think?</p><p><br /></p><p>Thanks again in advance.[/QUOTE]</p><p><br /></p>
[QUOTE="touchekidd, post: 123701, member: 4220"]I think you all know by now I am new at this hobby and knew very little about the ins and outs of all of this. Here is my new question. WHO establishes value? Today I spoke with several coin dealers who I found on the internet...all had membership associations, etc. I have a large amount of 2004 P Peace nickels to sell...when I spoke to these dealers they all told me that eBay is no way to establish value. I asked why not....if on ebay someone is willing to pay X for an item, isn't that an established value. I see ebay as a real market, yet these dealers all kept telling me that ebay is no barometer for value. Do they want me to believe them so they can low ball me an offer. I do realize that if they purchase something they have to have room to turn it around for a profit....so who do you believe. At this point I am trying to figure out the best way and the best market to sell my supply. Right now I am leaning toward ebay. Where I live there are no dealers or shows. What do you think? Thanks again in advance.[/QUOTE]
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