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Message:: [QUOTE="medoraman, post: 1591853, member: 26302"]I agree. PrinceofWaldo, you yourself said you bought the coin for $595, and I am assuming you thought that a fair price. Whether you realized $100 or $1000 for the coin you put on Ebay, does that change your opinion on whether the $595 you spent was fair or not? Would you have been mad if it only went for $100? I was just the underbidder on a book on Ebay yesterday. Its one of the most desired ancient coin books there is, and it went for $225. Go to ABEbooks, a book dealer, or any "normal" place to buy this book and the price will START at $500. Another example is I won about 8 Kushanshah coins yesterday. Some are quite nice VF's, and the price for each was $8. These coins in VF are $40 and up all day long at any dealer you will ever talk to. Ebay is an auction site, where things can go terribly good or bad for the sellers. The examples I gave were where the sellers did not do well for them unfortunately. Your example is where the seller did exceptionally well. In both cases I do not believe the market has moved, I believe is shows the idiosyncracies of a short notice, little publicized auction like an Ebay auction is. This is why I still buy on Ebay even though 90+% of it is either grossly overpiced BIN or junk in the ancients areas. There are still good material there, and sometimes the prices are well below market. BUT, if I get lucky and buy a $40 coin for $8, I will not delude myself and believe the market for these has crashed and are only worth $8 today. Also, if a coin I know is worth about $200, (because I can go to dealers I know and buy it for that), goes for $450 on Ebay, I simply view that as an uninformed buyer overpaying. I don't think my examples of that same coin is now worth $450. Just my opinion.[/QUOTE]

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