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<p>[QUOTE="Kasia, post: 1780102, member: 31533"]Are you using redbook or other 'guides's' to say what the actual value is????? Maybe they are not 'true auctions' starting at 99c because people lose money on them if conditions aren't perfect. True auctions do well if you have a sufficient base of customers interested and willing to bid the coin up, and do extremely well if you have two or more customers who are willing to go further for the coin than normal. Many times those conditions aren't met and the person selling loses out to the buyer, and then has to lose more in fees. Think about it. Also think about it when you say things are being started at their or close to their 'actual value'. Maybe they are and maybe they aren't. Maybe it's just a more realistic starting point and it may prove that that coin's value is much more, or conversely much less (if the seller can't sell it at that price with several attempts). Plus one auction attempt that doesn't sell at a starting price may not indicate that that price is a bad price (meaning too high)..... it may mean that the customers for that coin weren't watching or wanting/able to purchase at that time.[/QUOTE]</p><p><br /></p>
[QUOTE="Kasia, post: 1780102, member: 31533"]Are you using redbook or other 'guides's' to say what the actual value is????? Maybe they are not 'true auctions' starting at 99c because people lose money on them if conditions aren't perfect. True auctions do well if you have a sufficient base of customers interested and willing to bid the coin up, and do extremely well if you have two or more customers who are willing to go further for the coin than normal. Many times those conditions aren't met and the person selling loses out to the buyer, and then has to lose more in fees. Think about it. Also think about it when you say things are being started at their or close to their 'actual value'. Maybe they are and maybe they aren't. Maybe it's just a more realistic starting point and it may prove that that coin's value is much more, or conversely much less (if the seller can't sell it at that price with several attempts). Plus one auction attempt that doesn't sell at a starting price may not indicate that that price is a bad price (meaning too high)..... it may mean that the customers for that coin weren't watching or wanting/able to purchase at that time.[/QUOTE]
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