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<p>[QUOTE="Jaelus, post: 4066850, member: 46237"]So you think your personal valuation of a coin is not informed by and has nothing to do with the market value? I think not. Your own example about why you don't care about the market value shows you knowing the market value.</p><p><br /></p><p>The necessity of knowing the market value to a collector is obvious. It helps you to determine your own values for new types, dates, and varieties. It helps you to make money to fund your collection from making profitable side purchases. It is important when you sell coins (even collectors have to sell, as when upgrading). It helps you to determine collection value for insurance purposes.</p><p><br /></p><p>The market value IS the value. Nobody else cares about your personal valuation.[/QUOTE]</p><p><br /></p>
[QUOTE="Jaelus, post: 4066850, member: 46237"]So you think your personal valuation of a coin is not informed by and has nothing to do with the market value? I think not. Your own example about why you don't care about the market value shows you knowing the market value. The necessity of knowing the market value to a collector is obvious. It helps you to determine your own values for new types, dates, and varieties. It helps you to make money to fund your collection from making profitable side purchases. It is important when you sell coins (even collectors have to sell, as when upgrading). It helps you to determine collection value for insurance purposes. The market value IS the value. Nobody else cares about your personal valuation.[/QUOTE]
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