Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
eBay vs rest of the coin selling world
>
Reply to Thread
Message:
<p>[QUOTE="medoraman, post: 1077291, member: 26302"]Not having a lot of experience I couldn't tell you EEW if they are better than not. However, what Doug said about averaging out sales prices is extremely true. I have seen "one off" bids or sales repeatedly, and those coins may have had a special attribute that I didn't know about, or two really determined bidders. You can never hang your hat on just one or two datapoints, but an average, throwing out outliers for every venue.</p><p><br /></p><p>As examples, 20 years ago at two different sales I saw a 1877 IHC go for $80 and $400. Both of them vg or so. The second auction I found out later was two relatives of the deceased owner, the first was an auction where there was a snowstorm and only about 6 of us showed up. You never know by just number crunching what a price of a coin will be. </p><p><br /></p><p>If it helps I would agree with you that if Doug doesn't have a lot of experience with TT maybe he shouldn't have assumed its a better venue than Ebay. I honestly cannot answer, but yeah, I wish I would have been the one who bought that 77 that day. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie3" alt=":(" unselectable="on" unselectable="on" /></p><p><br /></p><p>Chris[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 1077291, member: 26302"]Not having a lot of experience I couldn't tell you EEW if they are better than not. However, what Doug said about averaging out sales prices is extremely true. I have seen "one off" bids or sales repeatedly, and those coins may have had a special attribute that I didn't know about, or two really determined bidders. You can never hang your hat on just one or two datapoints, but an average, throwing out outliers for every venue. As examples, 20 years ago at two different sales I saw a 1877 IHC go for $80 and $400. Both of them vg or so. The second auction I found out later was two relatives of the deceased owner, the first was an auction where there was a snowstorm and only about 6 of us showed up. You never know by just number crunching what a price of a coin will be. If it helps I would agree with you that if Doug doesn't have a lot of experience with TT maybe he shouldn't have assumed its a better venue than Ebay. I honestly cannot answer, but yeah, I wish I would have been the one who bought that 77 that day. :( Chris[/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 vs rest of the coin selling world
>
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...