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<p>[QUOTE="Kasia, post: 1780302, member: 31533"]1. No comment.</p><p> </p><p>2. Most likely.</p><p> </p><p>3. Perhaps. Or maybe you listed at a poor time so that the ending coincided with when people really don't like to end up bidding. Not everyone uses proxy bidding. Some like to judge at the very end whether they will bid or not, based on what they are seeing. Or perhaps there was a power outage or a natural disaster or something going on the day the auction was to end, and people who would normally bid couldn't get online to put their bid in. Or perhaps the person putting up the ebay auction took bad pics, or did other things, like listing in the wrong category or whatever. But it could be because the seller paid too much for the item. It happens.</p><p> </p><p>4. A one person base of knowledge. Which is cool if you want to go only by your experience. However your base of knowledge could, as a quirk, be true. Not likely, but possible. Perhaps it's colored by your definition of a fair price. which is likely to be different from the sellers or someone else. Perhaps even all of the coins you got at a fair price, were, by most peoples definitions too high. Maybe that's why you got the win. That could happen. Maybe it did. And your statement that it was close to book implies that book is a good standard to go buy to find a 'fair price'. I doubt that is true. But even if it were, perhaps your judging the coin as being a grade that is equal to a price in the book, and getting it under that price, doesn't exclude that you (or any buyer for that matter) can judge the coin in question on pictures on ebay. You have to get it in hand. Plus your numerous posts about being dissatisfied with your purchases kind of belies that statement. Just calling your attention to that.</p><p> </p><p>5. The listing price and the price in the book should have no correlation, other than in a general sense. The price in the book is someone's (outdated by the time it is published) of what a coin, in general, of that grade would value..... based on a lot of factors. Perhaps the coin selling on ebay was more in line with what might go as a CAC one if it was certified or has a special appeal to a number of collectors. Perhaps there are few collectors and someone marked it based on book, thinking it was a fair price. So many reasons this statement is not a good one to put out "as a fact".... even if the fact is as you said in #1: how (you) see it. Based on what I've observed of your experience and knowledge, you don't have the experience or know how to offer your opinion (as a valid opinion of what is actually going on) of what someone listing their auction item at is or isn't the primary factor in whether it gets sold or not. Especially when using a source for the value that has no known correlation to prices for an individual coin, examined in hand. The fact that it is then relisted again and again rather than relisted at a much lower price may be a selling strategy for the seller. If all sellers immediately cut the cost of all items that did not sell the first time, to clear out their inventory, that's putting too much importance of pricing being the only factor in whether it sells or not. It isn't. Sometimes a seller does need to lower a price to start selling an item, but it is not always the normal rule. Sellers have a lot to figure out, and it is not a science to do so. You can't just plug in A (auction starting point, dollar-wise) = B (book cost) - C (whatever substantial amount, perhaps a percentage of book value to discount to start the item), and use it as some magical formula to say something will sell or not sell.</p><p> </p><p>6. Right....... who determines the esotericness of the coin. The book? or the number minted? And why be concerned about someone 'stealing' (or not being able to) an esoteric coin as opposed to one not esoteric? Shouldn't all coins on ebay be marked according to your standards so someone will be able to get them below book value?</p><p> </p><p>7. No comment, since it is a continuation of #6.[/QUOTE]</p><p><br /></p>
[QUOTE="Kasia, post: 1780302, member: 31533"]1. No comment. 2. Most likely. 3. Perhaps. Or maybe you listed at a poor time so that the ending coincided with when people really don't like to end up bidding. Not everyone uses proxy bidding. Some like to judge at the very end whether they will bid or not, based on what they are seeing. Or perhaps there was a power outage or a natural disaster or something going on the day the auction was to end, and people who would normally bid couldn't get online to put their bid in. Or perhaps the person putting up the ebay auction took bad pics, or did other things, like listing in the wrong category or whatever. But it could be because the seller paid too much for the item. It happens. 4. A one person base of knowledge. Which is cool if you want to go only by your experience. However your base of knowledge could, as a quirk, be true. Not likely, but possible. Perhaps it's colored by your definition of a fair price. which is likely to be different from the sellers or someone else. Perhaps even all of the coins you got at a fair price, were, by most peoples definitions too high. Maybe that's why you got the win. That could happen. Maybe it did. And your statement that it was close to book implies that book is a good standard to go buy to find a 'fair price'. I doubt that is true. But even if it were, perhaps your judging the coin as being a grade that is equal to a price in the book, and getting it under that price, doesn't exclude that you (or any buyer for that matter) can judge the coin in question on pictures on ebay. You have to get it in hand. Plus your numerous posts about being dissatisfied with your purchases kind of belies that statement. Just calling your attention to that. 5. The listing price and the price in the book should have no correlation, other than in a general sense. The price in the book is someone's (outdated by the time it is published) of what a coin, in general, of that grade would value..... based on a lot of factors. Perhaps the coin selling on ebay was more in line with what might go as a CAC one if it was certified or has a special appeal to a number of collectors. Perhaps there are few collectors and someone marked it based on book, thinking it was a fair price. So many reasons this statement is not a good one to put out "as a fact".... even if the fact is as you said in #1: how (you) see it. Based on what I've observed of your experience and knowledge, you don't have the experience or know how to offer your opinion (as a valid opinion of what is actually going on) of what someone listing their auction item at is or isn't the primary factor in whether it gets sold or not. Especially when using a source for the value that has no known correlation to prices for an individual coin, examined in hand. The fact that it is then relisted again and again rather than relisted at a much lower price may be a selling strategy for the seller. If all sellers immediately cut the cost of all items that did not sell the first time, to clear out their inventory, that's putting too much importance of pricing being the only factor in whether it sells or not. It isn't. Sometimes a seller does need to lower a price to start selling an item, but it is not always the normal rule. Sellers have a lot to figure out, and it is not a science to do so. You can't just plug in A (auction starting point, dollar-wise) = B (book cost) - C (whatever substantial amount, perhaps a percentage of book value to discount to start the item), and use it as some magical formula to say something will sell or not sell. 6. Right....... who determines the esotericness of the coin. The book? or the number minted? And why be concerned about someone 'stealing' (or not being able to) an esoteric coin as opposed to one not esoteric? Shouldn't all coins on ebay be marked according to your standards so someone will be able to get them below book value? 7. No comment, since it is a continuation of #6.[/QUOTE]
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