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<p>[QUOTE=&quot;spock1k, post: 1774871, member: 7043&quot;]you are right.&nbsp; the same thing happens at all auctions just not ebay or heritage.&nbsp; it even happens on the local auction.&nbsp; auctions are never about fair prices they are always about winning that&#039;s what makes them so successful.&nbsp; my submission is we cannot look at heritage auctions and use that as a benchmark for actual prices. </p><p>&nbsp;</p><p>My apologies to GD for the following example. </p><p>&nbsp;</p><p>We all know that GD is knowledgeable.&nbsp; some of you who know me also consider me knowledgeable.&nbsp; have I overpaid for coins from time to time? absolutely.&nbsp; I bet if you ask GD you will get the same answer. find me one knowledgeable collector who has never overpaid for a coin willingly.&nbsp; I think we are taking a huge leap of faith if we start saying that such a thing happens only at one auction site and not the other. </p><p>&nbsp;</p><p>we are showing a certain level of hubris by calling ourselves knowledgeable while we don&#039;t have the numbers to back it while the so called idiots are laughing themselves to the bank.&nbsp; we should also consider that if someone is spending $10 they might have fun even if they don&#039;t get anything from it, but the guy who spends $10000 will know what they are doing before they drop the money.&nbsp; which is better to be a novice collector and spend $500 and lose it while having fun or to be a know all expert who spends a million and then is happy to make 400k back after years of collecting?</p><p>&nbsp;</p><p>just a thought for us to consider if we find any merit in it.[/QUOTE]</p><p><br /></p>

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