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<p>[QUOTE=&quot;ahearn, post: 681719, member: 18211&quot;]Well said, but who is the general public? Uninformed eBay buyers? Heritage buyers with deep pockets? People who buy coins on Home Shopping Network? </p><p>&nbsp;</p><p>Unlike the old days when we bought and sold coins at local dealers, the Internet has changed not only the way we buy and sell but also has caused a great deal of disparity between price and value. I think it would be incorrect to assume that most coin buyers these days are value-conscious or value-knowledgeable — or even care about value.</p><p>&nbsp;</p><p>I&#039;ve lost eBay auctions because I was outbid by people who obviously had no idea of the value of the coin -- even on bullion. Does the price paid become the new value? It does to the guy who was second-highest bidder and many people who were watching the auction. They now know what to bid the next time around if they expect to win.[/QUOTE]</p><p><br /></p>

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