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<p>[QUOTE="KSorbo, post: 1903497, member: 56370"]I've looked through a lot of sold listings, which include both auctions and BIN, and have yet to see any coins that have brought 2 - 3X market value. However, most of my searches are for certified type and key date coins, which probably tend to be purchased by people who know what they are doing. This may not be the case for other types of material that have more entry level buyers. </p><p><br /></p><p>It would make sense that a lot of overpriced coins just accumulate and clutter up the site. The statistic bkozak gave us was for listings. I wonder what the ratio would be for coins that actually sold. From what I have seen the proportion of true auctions is much higher.[/QUOTE]</p><p><br /></p>
[QUOTE="KSorbo, post: 1903497, member: 56370"]I've looked through a lot of sold listings, which include both auctions and BIN, and have yet to see any coins that have brought 2 - 3X market value. However, most of my searches are for certified type and key date coins, which probably tend to be purchased by people who know what they are doing. This may not be the case for other types of material that have more entry level buyers. It would make sense that a lot of overpriced coins just accumulate and clutter up the site. The statistic bkozak gave us was for listings. I wonder what the ratio would be for coins that actually sold. From what I have seen the proportion of true auctions is much higher.[/QUOTE]
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