Reply to Thread

Message:: [QUOTE="DonnaML, post: 4500785, member: 110350"]I belong to that group as well, although I don't post there nearly as much as I do here, where there's at least a vague cloak of anonymity!  (Also, although there are some very knowledgeable people in that group, including some very experienced dealers, I find the general level of knowledge here to be considerably higher than in the Facebook group, which tends to be flooded with people posting obvious fakes and asking "is this real?" and "what is it worth?" When people show their genuine coins, there are lots of "likes," but usually little subsequent discussion or posting of other members' examples, which makes the place less enjoyable than this forum.) More to the point, one of the experienced dealers in that group, who is also a moderator there and whom I respect -- and from whom I've bought coins on several occasions via VCoins -- stated his opinion yesterday that the feeding frenzy in the current CNG auction is largely due to one extremely wealthy collector he calls "Clio," who was "original Google employee # [very low number]. He bought 70 percent or more of the lots today. It’s impossible to compete. . . . He's he’s been doing it for 7 years but it’s only gotten worse."  I can't vouch for the accuracy of this statement; I'm just reporting it.[/QUOTE]