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<p>[QUOTE=&quot;-jeffB, post: 1939678, member: 27832&quot;]To understand the asking prices you&#039;re seeing on eBay, you need to understand just one two-word phrase:</p><p><br /></p><p><b>Free Listings.</b></p><p><b><br /></b></p><p>Dealers, wannabe dealers, and random clueless passersby can list a ridiculous number of coins on eBay with any asking price they want, and it costs them nothing at all to do it. If they aren&#039;t in a hurry to sell, they can set the price absurdly high, and just keep re-listing until they decide they <i>do</i> need to sell it, or until someone bites.</p><p><br /></p><p>It&#039;s hard to imagine that anyone ever buys those circulated common Peace dollars at $50, but if you&#039;ve got a 1% chance of tripling your money on a coin if it sells, and a 0% chance of losing any money if it doesn&#039;t, why not put it out there?</p><p><br /></p><p>I understand that when you&#039;re looking to buy a coin, you want to look at current listings. But if you&#039;re trying to find out what a coin will actually sell for, you want to look at <i><b>sold</b></i> listings. For many years, eBay resisted that option -- they only let you search <i>completed</i> auctions, and you had to wade manually through all the stuff that ended without a sale. Now, though, you can just check the &quot;Sold listings&quot; box when you search, and you&#039;ll get a nice reverse-chronological summary of prices people have been getting. You can also sort by ascending or descending value.</p><p><br /></p><p>So, pick a few of your favorite problem/details coins, search eBay&#039;s sold listings, and see what the damaged goods have <i>actually</i> been selling for. I&#039;d be interested to hear what you find.[/QUOTE]</p><p><br /></p>

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