Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
Hoardesr at coin auctions.
>
Reply to Thread
Message:
<p>[QUOTE="medoraman, post: 1341043, member: 26302"]I am just curious about a couple of things. "fair current market value" what is that? Redbook? You do know for a price guide listing to rise someone has to be paying OVER the listed amount for a while, right? I simply do not know what a "fair current market value" would be. Earlier I talked about some coins I bought. The current market on them on Ebay was less than $20. I bought every single coin. Was I greedy and not allow others to buy at a "fair current market value"? Today those same coins go for $80-150 each, as Cleo VII is the "famous" one.</p><p><br /></p><p>I am not trying to pick on you, just make a point that in collectibles there IS no predefined values, its what someone will pay. Now if you are inconvenienced by someone at an auction you are at paying $30 for a coin you can buy at a coin show for $27, then you profit by your superior knowledge and obtain the item for less. Same as the people buying on the TV shows, you know better so you can afford more coins for your hard earned dollar. Now, if you CAN'T buy the same coin at a coin show, then just maybe that buyer knew its true value better than you. Its always about knowledge in coin collecting. </p><p><br /></p><p>I simply view it as "Boy, am I glad I am not THAT guy, and thankfully I know where to get it cheaper." <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 1341043, member: 26302"]I am just curious about a couple of things. "fair current market value" what is that? Redbook? You do know for a price guide listing to rise someone has to be paying OVER the listed amount for a while, right? I simply do not know what a "fair current market value" would be. Earlier I talked about some coins I bought. The current market on them on Ebay was less than $20. I bought every single coin. Was I greedy and not allow others to buy at a "fair current market value"? Today those same coins go for $80-150 each, as Cleo VII is the "famous" one. I am not trying to pick on you, just make a point that in collectibles there IS no predefined values, its what someone will pay. Now if you are inconvenienced by someone at an auction you are at paying $30 for a coin you can buy at a coin show for $27, then you profit by your superior knowledge and obtain the item for less. Same as the people buying on the TV shows, you know better so you can afford more coins for your hard earned dollar. Now, if you CAN'T buy the same coin at a coin show, then just maybe that buyer knew its true value better than you. Its always about knowledge in coin collecting. I simply view it as "Boy, am I glad I am not THAT guy, and thankfully I know where to get it cheaper." :)[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
Hoardesr at coin auctions.
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...