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<p>[QUOTE=&quot;imrich, post: 2849208, member: 22331&quot;]Your &quot;actual value&quot; amounts are questionable. Where did you derive the values? I use archives/TPG-values!</p><p><br /></p><p>In the last week I&#039;ve bid on 4 competitive auctions with an average of ~25 bids, for top tier TPG certified scarce coins (3 tough date/grade&nbsp; Indian Gold half-eagles, 1 tough date PCGS/CAC MS66 FB Mercury). I won all 4 by a $5-$10 greater bid than my nearest competitor, at an average price ~30% below the past market values.</p><p><br /></p><p>I believe the majority of bidders really believe the &quot;fantasy&quot; bid values published in C.D.N documents. I&#039;m to understand many Dealers are shaking their heads wondering &quot;what are they thinking&quot; believing the average dealer can use CAC bid values as a basis for buy prices.</p><p><br /></p><p>I&#039;m reasonably certain that the average realistic dealer isn&#039;t using C.D.N. bid values to purchase, but if you are, I understand your problem. I&#039;ve been told that numerous dealers have, as you, expressed their concerns. As an aggressive friend of mine says: &quot;who cares about the 99 out of 100 who don&#039;t approve, I&#039;m just looking for the 1 who does&quot;! I guess if one can publish their best found value as an average basis, only the courts can determine legality, as these documents are merely price guides.</p><p><br /></p><p>I don&#039;t believe you&#039;ll receive too many complaints from your &quot;significant other&quot; about your hobby investments, which may have a benefit that offsets your auction losses.</p><p><br /></p><p>JMHO[/QUOTE]</p><p><br /></p>

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