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<p>[QUOTE="CamaroDMD, post: 1950593, member: 5233"]I think you may have missed my point a little bit...I'm trying to come up with an extreme coin example that I have experienced but I haven't been able to come up with one. But, the point I am trying to make is that to the right collector...something might have far greater value than it's market value or even it's cost to produce.</p><p><br /></p><p>Let me give you another example. Other than coins...I also collect sports cards. I'm very specific in what I collect, but there are a few out there that I an searching for.</p><p><br /></p><p>My #1 card target is actually a "nobody" player. He is an old player who played back in the 1990s for the local college team and then spent a couple years in the NFL and never had much success. His cards are basically worthless (for the most part) but because I was a huge fan of his as a child...I have tried to collect all his issues. He had 49 total cards produced. He has 1 card that is extremely rare. In fact, only 1 was printed. It's unique. That is my "white whale." Because he is a nobody...the retail of such a card is probably less than $10. However, to me...I might even be willing to pay 10x that if I ever came across it. If I dropped $100 for that card, in my eyes I probably wouldn't have overpaid. But, compared to the retail value, I certainly would have. But...to me, it's worth far more.</p><p><br /></p><p>That was my point. Each collector must decide what a particular piece is worth to them. Based on that...you buy it or pass. So, IMHO...few collectors truly "overpay."[/QUOTE]</p><p><br /></p>
[QUOTE="CamaroDMD, post: 1950593, member: 5233"]I think you may have missed my point a little bit...I'm trying to come up with an extreme coin example that I have experienced but I haven't been able to come up with one. But, the point I am trying to make is that to the right collector...something might have far greater value than it's market value or even it's cost to produce. Let me give you another example. Other than coins...I also collect sports cards. I'm very specific in what I collect, but there are a few out there that I an searching for. My #1 card target is actually a "nobody" player. He is an old player who played back in the 1990s for the local college team and then spent a couple years in the NFL and never had much success. His cards are basically worthless (for the most part) but because I was a huge fan of his as a child...I have tried to collect all his issues. He had 49 total cards produced. He has 1 card that is extremely rare. In fact, only 1 was printed. It's unique. That is my "white whale." Because he is a nobody...the retail of such a card is probably less than $10. However, to me...I might even be willing to pay 10x that if I ever came across it. If I dropped $100 for that card, in my eyes I probably wouldn't have overpaid. But, compared to the retail value, I certainly would have. But...to me, it's worth far more. That was my point. Each collector must decide what a particular piece is worth to them. Based on that...you buy it or pass. So, IMHO...few collectors truly "overpay."[/QUOTE]
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