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<p>[QUOTE=&quot;Dougmeister, post: 24643865, member: 56842&quot;]For posterity&#039;s sake, here are [USER=112]@GDJMSP[/USER]&#039;s sagacious thoughts:</p><p><br /></p><blockquote><p><i>&quot;Well, the obv grades AG3, but the rev only grades Fair 2. And since a coin must be graded based on it worst side, the correct grade for this one has to be Fair 2 - one step down from AG3.</i></p><p><i><br /></i></p><p><i>In honesty though, in this day and age you&#039;ll probably never find one that is graded correctly. And that coin may be about as close as you will ever get.&quot;</i></p></blockquote><p><br /></p><p>Once I got outbid @ $900, I told GDJMSP and he gave me this advice:</p><p><br /></p><blockquote><p><i>&quot;Well, first off, most people don&#039;t know how to grade so few are going to realize that the real grade of the coin is Fair 2. So they are going to accept that the grade is AG3 and bid based on that. Secondly, the auction itself states that the CDN price is $880 - see the blue highlighted text in the pic.</i></p><p><i><br /></i></p><p><i>And since most people still believe, (mistakenly but they still believe it), that CDN prices are the most accurate, and since CDN is dealer to dealer price, that means the retail price should be 10-20% higher than that. And that means the retail price is approx $970 to $1,050. And right now, to bid again, the bid would be $960 with BP (which is also shown in the pic). Which is pretty damn close to CDN plus 10%. </i></p><p><i><br /></i></p><p><i>That&#039;s why you got outbid.</i></p><p><i><br /></i></p><p><i>Since there are still 21 days left to go in this auction I would guess that the coin is going to sell for somewhere around $1,100 - $1,200 (and yeah BP is included in that). And if there are a couple bidders or more who really want it to fill a hole in their collection it could easily end up going for more than that. How much more depends on how badly one of them wants it.</i></p><p><i><br /></i></p><p><i>As it stands Doug the current bid of $930 is only 1 bid increment ahead of your last bid. That bid may even be your bid since you say you bid &quot;$900 or so&quot;. It may stay there for a bit, it may even stay there until the last day. But once it goes live the price is gonna jump quickly since $1,100 - $1,200 is only 2, maybe 3, bid increments higher than where it is right now.&quot;</i></p></blockquote><p>[/QUOTE]</p><p><br /></p>

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