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<p>[QUOTE=&quot;RaceBannon, post: 1340126, member: 25357&quot;]This is a very informative and educational thread.&nbsp; The central issue is human nature.&nbsp; Most people want to get the best deal for their money.&nbsp; But there are exceptions, especially in this hobby, for collectors who are trying to find a specific coin in a certain condition.&nbsp; I try to be as frugal as I can, researching various price guides and auction results before I buy, most often setting a cap, and then staying under it.&nbsp; But I&#039;ve knowingly overpaid for certain coins that had exceptional eye appeal to me, or ones for which I had been searching for a long time.&nbsp;&nbsp; This phenomena, along with simple supply and demand, helps explain why key dates tend to do so well in terms of price appreciation over time.</p><p><br /></p><p>Now if I knew someone who is routinely overpaying for coins, and considered that person a friend,&nbsp; I&#039;d find a tactful way to let them know those coins can be had for less.&nbsp; If it&#039;s someone I don&#039;t know, I&#039;d consider it their business. If they&#039;re smart enough, they will figure it out anyways.&nbsp; If they aren&#039;t, well the world needs minnows to feed the bigger fish.[/QUOTE]</p><p><br /></p>

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