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<p>[QUOTE=&quot;GDJMSP, post: 1964725, member: 112&quot;]It might go through 10 or 12 dealers before you ever get to see it Rusty, or just 2 or 3, I just used 6 as an example for illustration purposes.</p><p><br /></p><p>But the point I was making is quite easy to verify for yourself. All it requires is a bit of browsing for a given coin. Pick a coin, any coin in any given grade, and search for it. Between magazines, online ads, and various dealer websites, you&#039;l find examples of that coin in that grade offered by many different dealers all over the country. But the asking price will vary greatly, sometimes by as much as 100%, meaning double what another dealer is asking. And sometimes even more than that.</p><p><br /></p><p>That is why it is so very important for a collector to use realized auction prices as his guide when trying to determine the real value of a given coin. As I have said many times, a coin <u>is not worth</u> what &quot;somebody&quot; will pay for it. Instead it is worth what <u>an educated buyer</u> will pay for it.</p><p><br /></p><p>Anybody can ask any amount they want for any given coin. But that doesn&#039;t make the coin worth that much. And even if somebody actually pays that asking price, that doesn&#039;t make it worth that much either.</p><p><br /></p><p>Joe Collector probably doesn&#039;t know what that coin is really worth. An educated buyer does. So the educated buyer will ignore all of those high asking prices and only buy an example that is priced correctly.[/QUOTE]</p><p><br /></p>

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