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<p>[QUOTE=&quot;GDJMSP, post: 1534097, member: 112&quot;]That really isn&#039;t true, though many believe it is. The true value of any coin is what an educated buyer will pay for it.</p><p><br /></p><p>That sounds like a simple statement but there&#039;s a lot that goes into it. For example, a given coin may be listed as being worth $100 in CDN. The coin is up for sale on ebay. An educated buyer offers to pay $110 for the coin. But some bidiot on ebay offers $200, and pays it. </p><p><br /></p><p>Does that make the coin worth $200 ? No, it absolutely does not. It merely means that the bidiot paid more than the coin is worth. The coin is still only worth about $100.</p><p><br /></p><p>The numbers are immaterial and completely arbitrary. The point is that if somebody who doesn&#039;t know what they are doing overpays for a coin that does not make the coin worth that much. I can offer the same coin to 100 different, educated buyers and every one of them will pay somewhere right around $100 for it. THAT is what the coin is worth. And that is why a coin is only worth what an educated buyer will pay for it. Not what just anybody will pay for it.</p><p><br /></p><p>The sooner you understand that and accept it as being true, the better off you will be.[/QUOTE]</p><p><br /></p>

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