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<p>[QUOTE="Lehigh96, post: 632936, member: 15309"]Mark,</p><p><br /></p><p>If you can't see it after all of my previous explanations, then I doubt another explanation will help. Perhaps an analogy will help.</p><p><br /></p><p>Before I give you an analogy, I first need you to admit that the coin is priced about 6X it's actual value. </p><p><br /></p><p>If you can agree to that then we are in business. What if a relative of yours went to buy a new car and the guy at the Nissan dealer sold your relative an Altima for $100,000?</p><p><br /></p><p>I don't understand why in the coin business it is considered acceptable to mark up a coin 500% of it's actual value and no ethics are questioned.</p><p><br /></p><p>In answer to your question about the high priced PCGS coins, I still have a problem with them but I don't think those scenarios are as bad. The prices are guides. When a coin reaches a population of 14/0, it is very difficult to accurately determine the market value of a coin in a price guide. Secondly the seller would be praying on the monster created by registry competition which is most likely going to snare a seasoned collector and not a newbie who doesn't know any better.[/QUOTE]</p><p><br /></p>
[QUOTE="Lehigh96, post: 632936, member: 15309"]Mark, If you can't see it after all of my previous explanations, then I doubt another explanation will help. Perhaps an analogy will help. Before I give you an analogy, I first need you to admit that the coin is priced about 6X it's actual value. If you can agree to that then we are in business. What if a relative of yours went to buy a new car and the guy at the Nissan dealer sold your relative an Altima for $100,000? I don't understand why in the coin business it is considered acceptable to mark up a coin 500% of it's actual value and no ethics are questioned. In answer to your question about the high priced PCGS coins, I still have a problem with them but I don't think those scenarios are as bad. The prices are guides. When a coin reaches a population of 14/0, it is very difficult to accurately determine the market value of a coin in a price guide. Secondly the seller would be praying on the monster created by registry competition which is most likely going to snare a seasoned collector and not a newbie who doesn't know any better.[/QUOTE]
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