Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
EBAY bidding totally unrealistic?
>
Reply to Thread
Message:
<p>[QUOTE="Cloudsweeper99, post: 107692, member: 3011"]This is a very tough question to answer. Maybe Ebay bids are unrealistically high, or the prices everyone are used to are unrealistically low. A coin shop has to move merchandise by pricing it for a limited local market where there might only be a small group of people actively collecting a certain series. Put the same coins on an Ebay auction and the coin will be viewed by more collectors of that series in a day than would see it in a year in the shop.</p><p><br /></p><p>Maybe 20 years from now we will know whether the Ebay bidders were foolish for overpaying for overgraded coins, or if the serious hobbyists underappreciated and underpriced things for years that they thought of as "common" but turned out to be highly prized collectibles.</p><p><br /></p><p>Markets with large numbers of participants tend to be efficient pricing mechanisms.[/QUOTE]</p><p><br /></p>
[QUOTE="Cloudsweeper99, post: 107692, member: 3011"]This is a very tough question to answer. Maybe Ebay bids are unrealistically high, or the prices everyone are used to are unrealistically low. A coin shop has to move merchandise by pricing it for a limited local market where there might only be a small group of people actively collecting a certain series. Put the same coins on an Ebay auction and the coin will be viewed by more collectors of that series in a day than would see it in a year in the shop. Maybe 20 years from now we will know whether the Ebay bidders were foolish for overpaying for overgraded coins, or if the serious hobbyists underappreciated and underpriced things for years that they thought of as "common" but turned out to be highly prized collectibles. Markets with large numbers of participants tend to be efficient pricing mechanisms.[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
EBAY bidding totally unrealistic?
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...