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<p>[QUOTE="medoraman, post: 7952817, member: 26302"]I have no idea what happened concerning a coin someone offered $50 for. However, let me speak to what a coin is "worth".</p><p><br /></p><p>Very recently I bought a aVF Macedonian tet under the Romans, First Meris. Not my collecting specialty but I knew what it was, relative market, and it is pretty. I paid $150 basically. Same coin on CNG sells for about $350-400. However, for the seller to obtain this, (and I would have freely told him this), he sends it in, waits for a few months, hopes he has a successful auction and it doesn't sell for $150, wait some time for settlement, THEN pay 20% commission. A dealer might pay him a little less, since he needs to wait to find a buyer like me. A normal dealer I am.sure would offer me less than the $150, but my superior knowledge I could offer it to a specialist who would offer me more.</p><p><br /></p><p>Now, I ask you, what is the "market" price for this coin? Point I am making is many, many different markets and prices for the same coin. I would NEVER pay you CNG prices, giving you cash immediately and having no protection if its a forgery. Then you involved Ebay, where butt stupid stuff happens every day. I really can never comment on Ebay prices, they are so schizophrenic. </p><p><br /></p><p>My view anyway. Even if someone got $450 on Ebay, (good for you, you could have gotten $10 or 3 nonpaying bidders in a row, or a scammer who gets the coin but claims it was stolen from the package), does not mean a $50 offer was immoral.[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 7952817, member: 26302"]I have no idea what happened concerning a coin someone offered $50 for. However, let me speak to what a coin is "worth". Very recently I bought a aVF Macedonian tet under the Romans, First Meris. Not my collecting specialty but I knew what it was, relative market, and it is pretty. I paid $150 basically. Same coin on CNG sells for about $350-400. However, for the seller to obtain this, (and I would have freely told him this), he sends it in, waits for a few months, hopes he has a successful auction and it doesn't sell for $150, wait some time for settlement, THEN pay 20% commission. A dealer might pay him a little less, since he needs to wait to find a buyer like me. A normal dealer I am.sure would offer me less than the $150, but my superior knowledge I could offer it to a specialist who would offer me more. Now, I ask you, what is the "market" price for this coin? Point I am making is many, many different markets and prices for the same coin. I would NEVER pay you CNG prices, giving you cash immediately and having no protection if its a forgery. Then you involved Ebay, where butt stupid stuff happens every day. I really can never comment on Ebay prices, they are so schizophrenic. My view anyway. Even if someone got $450 on Ebay, (good for you, you could have gotten $10 or 3 nonpaying bidders in a row, or a scammer who gets the coin but claims it was stolen from the package), does not mean a $50 offer was immoral.[/QUOTE]
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