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<p>[QUOTE="RiverGuy, post: 1077967, member: 22755"]I would like to add my two cents worth since it seems to me that a very important point is being overlooked. Nothing in this thread is comparing apples to apples. Ebay is NOT a true auction. It is a test of which subscribed service can enter a valid bid with fewer microseconds of time remaining. Contrast that with Heritage. A lot stays open for higher and higher bids as long as at least two people continue bidding - no matter how long that takes! Teletrade lies somewhere in between but closer to the Heritage model. The Ebay model says nothing about true value or pricing because it says nothing about what an interested party would be willing to pay in compitition with another interested party. Need I say more; how many of you have seen a coin go from $50 to $500 in the last 30 seconds?</p><p>Come on, new guys and old guys give it up. Ebay is not a valid sole source of numismatic value OR pricing - and you all know it![/QUOTE]</p><p><br /></p>
[QUOTE="RiverGuy, post: 1077967, member: 22755"]I would like to add my two cents worth since it seems to me that a very important point is being overlooked. Nothing in this thread is comparing apples to apples. Ebay is NOT a true auction. It is a test of which subscribed service can enter a valid bid with fewer microseconds of time remaining. Contrast that with Heritage. A lot stays open for higher and higher bids as long as at least two people continue bidding - no matter how long that takes! Teletrade lies somewhere in between but closer to the Heritage model. The Ebay model says nothing about true value or pricing because it says nothing about what an interested party would be willing to pay in compitition with another interested party. Need I say more; how many of you have seen a coin go from $50 to $500 in the last 30 seconds? Come on, new guys and old guys give it up. Ebay is not a valid sole source of numismatic value OR pricing - and you all know it![/QUOTE]
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