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Has anyone ever given up on getting coins graded?
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<p>[QUOTE="IBetASilverDollar, post: 2852177, member: 85251"]Already disagree with this. You can pick out over and underpriced examples from both easily those are called outliers and absolutely don't reflect a coins value. I know this as those are the two venues I use 98% of the time. You have a strong bias against ebay which you've made clear many many times here. Confirmation bias can be a strong thing.</p><p><br /></p><p>I buy about the same percentage of coins that I target on ebay as I do Heritage and gun to my head I'd give the edge to ebay for getting comparable coins for less mostly due to Heritage's large fees.</p><p><br /></p><p><br /></p><p><br /></p><p>The above is not true, it's your opinion that I believe to be biased.</p><p><br /></p><p>I believe a coin is worth what a recent history of sales of comparable coins are worth regardless of the knowledge level of those buying the coin. This does not include outliers as mentioned above which can be found in LCS's, ebay, Heritage, GC, or anywhere with coins available.</p><p><br /></p><p>Rarities that only show up every blue moon are still worth what someone will pay for them however in that instance what someone will pay is a lot cloudier with a very high variance.</p><p><br /></p><p><br /></p><p><br /></p><p>Coins sometimes sell for more on ebay, other times less. Buyers on ebay are for the most part not knowledgeable, they still affect the market for coins.</p><p><br /></p><p>When they overpay for a coin compared to other sales for that piece that is not a reflection of the coins value, that is an outlier and should not be used when valuing your own coin.</p><p><br /></p><p><br /></p><p><br /></p><p>No because selling a counterfeit coin as genuine is an outlier. Of course that situation would not be used in valuing a coin.</p><p><br /></p><p><br /></p><p><br /></p><p>Agreed. Knowledgeable people will avoid things they feel are overvalued. The value is still what people are willing to pay for that item at that given time, people who have a strong knowledge of that specific item may just not agree with it's current going rate. The going rate is still the same regardless.</p><p><br /></p><p><br /></p><p><br /></p><p>If I could only pay what an expert decided my next car was worth I'd be thrilled but I live in the real world where I have to pay what the market allows the car to sell for. I'm not overpaying I'm simply paying what I have to to purchase a product that meets my needs that doesn't change just because an expert wouldn't have bought the same car for the same price.[/QUOTE]</p><p><br /></p>
[QUOTE="IBetASilverDollar, post: 2852177, member: 85251"]Already disagree with this. You can pick out over and underpriced examples from both easily those are called outliers and absolutely don't reflect a coins value. I know this as those are the two venues I use 98% of the time. You have a strong bias against ebay which you've made clear many many times here. Confirmation bias can be a strong thing. I buy about the same percentage of coins that I target on ebay as I do Heritage and gun to my head I'd give the edge to ebay for getting comparable coins for less mostly due to Heritage's large fees. The above is not true, it's your opinion that I believe to be biased. I believe a coin is worth what a recent history of sales of comparable coins are worth regardless of the knowledge level of those buying the coin. This does not include outliers as mentioned above which can be found in LCS's, ebay, Heritage, GC, or anywhere with coins available. Rarities that only show up every blue moon are still worth what someone will pay for them however in that instance what someone will pay is a lot cloudier with a very high variance. Coins sometimes sell for more on ebay, other times less. Buyers on ebay are for the most part not knowledgeable, they still affect the market for coins. When they overpay for a coin compared to other sales for that piece that is not a reflection of the coins value, that is an outlier and should not be used when valuing your own coin. No because selling a counterfeit coin as genuine is an outlier. Of course that situation would not be used in valuing a coin. Agreed. Knowledgeable people will avoid things they feel are overvalued. The value is still what people are willing to pay for that item at that given time, people who have a strong knowledge of that specific item may just not agree with it's current going rate. The going rate is still the same regardless. If I could only pay what an expert decided my next car was worth I'd be thrilled but I live in the real world where I have to pay what the market allows the car to sell for. I'm not overpaying I'm simply paying what I have to to purchase a product that meets my needs that doesn't change just because an expert wouldn't have bought the same car for the same price.[/QUOTE]
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Has anyone ever given up on getting coins graded?
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