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Message:: [QUOTE="GDJMSP, post: 1405954, member: 112"]What about all the people who buy from the TV hucksters - are they "average" ? Do you believe for 1 second those coins are worth that much ? What about all the people who buy the fakes and counterfeits - are they "average" ? Are those counterefits worth that much ? What about the bidiots on ebay - are they "average" ? Do you believe the '93 cent in XF that they paid $40 for is worth that much ? Who's "average" ?  No, I'm not leaving anything out. If someone falls in love with a coin or someone else pays strong money - that does not mean that they did not over-pay for the coin. It does not mean that the coin is actually worth that much. You can even ask them and they'll you - yes I paid too much, but I just had to have it ! So when even they agree that they paid too much, then the coin is NOT worth that much. I'm afraid that you HAVE to have qualifiers when you determine what a coin is actually worth. And that is why a coin is really only worth what an educated buyer will pay for it. It is not worth what somebody who is in love with it will pay, it is not worth what some idiot on ebay or TV who doesn't know anything about coins will pay, it is not worth what a beginning or novice collector who has no idea about grading or the coin market will pay - it is worth what an educated buyer will pay. But if you choose not to believe that, then that is your right. You can believe whatever you want.[/QUOTE]