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Foley, AL Coin Show Report JAN 19-20
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<p>[QUOTE="Juan Blanco, post: 1629149, member: 41665"]This doesn't makes sense, though. </p><p>See wikipedia: "Ask price, also called offer price, offer, asking price, or simply ask, is the price a seller states she or he will accept." </p><p>Bid price is what the BUYER bids (lower, NOT higher)<i> against the Vendor's Ask</i>. </p><p>So why would the Vendor "sell <i>under </i>bid"? (You totally lost me there.)</p><p><br /></p><p>Maybe something different happens in Alabama. Or among CTers. Honestly I don't understand you folks sometimes.</p><p>But (to me) it sounds like you switched these terms.<i> And then</i> conflate QUALITY with 'lower grade' (?) a muddle.</p><p>I thought you/we were talking about the latter ("low quality material is only moving if it is discounted") exclusively. </p><p><br /></p><p>So I'm now confused what you actually mean/meant. </p><p><br /></p><p>I'm also sorry you undercalc'd the Silver value (your Bid, $400.) - what was his Ask, $#? </p><p>(In that deal, it seems too much <i>inference </i>was going on, that worked against you. Do you see it otherwise?)[/QUOTE]</p><p><br /></p>
[QUOTE="Juan Blanco, post: 1629149, member: 41665"]This doesn't makes sense, though. See wikipedia: "Ask price, also called offer price, offer, asking price, or simply ask, is the price a seller states she or he will accept." Bid price is what the BUYER bids (lower, NOT higher)[I] against the Vendor's Ask[/I]. So why would the Vendor "sell [I]under [/I]bid"? (You totally lost me there.) Maybe something different happens in Alabama. Or among CTers. Honestly I don't understand you folks sometimes. But (to me) it sounds like you switched these terms.[I] And then[/I] conflate QUALITY with 'lower grade' (?) a muddle. I thought you/we were talking about the latter ("low quality material is only moving if it is discounted") exclusively. So I'm now confused what you actually mean/meant. I'm also sorry you undercalc'd the Silver value (your Bid, $400.) - what was his Ask, $#? (In that deal, it seems too much [I]inference [/I]was going on, that worked against you. Do you see it otherwise?)[/QUOTE]
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Foley, AL Coin Show Report JAN 19-20
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