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<p>[QUOTE="baseball21, post: 2891731, member: 76863"]There certainly is a difference and I'm speaking more in general terms than this particular instance. That said I also think people severely under estimate peoples ability. If it's a snake oil salesman in a coin shop or a coin show I would agree, but it was online. Being online means people can look up all sorts of things in a matter of minutes. I highly doubt who ever won that just decided they were going to get into coins and were going to start at that price level. Far more likely someone got tempted to take a shot hoping to make money if it grades as a proof or a dcam and from the final price I am thinking they thought dcam. </p><p><br /></p><p>Everyone always assumes it's someone helpless being taken advantage of but 99 percent of collectors don't start with four figure purchases and there are a lot more people taking risks on things like that hoping to make some money than most realize. That's why it keeps working, it's almost never because someone decided to dabble in a four figure coin.</p><p><br /></p><p>Regardless though what's said on a 2x2 should be meaningless to buyers. That's a grade from someone trying to make money. Only thing a buyer should be concerned with is the price and if they agree that is what it is. I've also advocated for a long time stick to slabbed coins on eBay and online for numismatic valued ones and especially for four figure coins. </p><p><br /></p><p><br /></p><p><br /></p><p>Except legit graded coins are in slabs from a TPG, not handwritten on 2x2 by someone who is trying to make money off the sale of them. TPGs wouldn't have succeeded and continue to thrive and grow if those grades were meaningful.</p><p><br /></p><p><br /></p><p><br /></p><p>And every person who bought that phone new exactly what they were doing. That's also a bad comparison since phones are peoples lifeblood now.[/QUOTE]</p><p><br /></p>
[QUOTE="baseball21, post: 2891731, member: 76863"]There certainly is a difference and I'm speaking more in general terms than this particular instance. That said I also think people severely under estimate peoples ability. If it's a snake oil salesman in a coin shop or a coin show I would agree, but it was online. Being online means people can look up all sorts of things in a matter of minutes. I highly doubt who ever won that just decided they were going to get into coins and were going to start at that price level. Far more likely someone got tempted to take a shot hoping to make money if it grades as a proof or a dcam and from the final price I am thinking they thought dcam. Everyone always assumes it's someone helpless being taken advantage of but 99 percent of collectors don't start with four figure purchases and there are a lot more people taking risks on things like that hoping to make some money than most realize. That's why it keeps working, it's almost never because someone decided to dabble in a four figure coin. Regardless though what's said on a 2x2 should be meaningless to buyers. That's a grade from someone trying to make money. Only thing a buyer should be concerned with is the price and if they agree that is what it is. I've also advocated for a long time stick to slabbed coins on eBay and online for numismatic valued ones and especially for four figure coins. Except legit graded coins are in slabs from a TPG, not handwritten on 2x2 by someone who is trying to make money off the sale of them. TPGs wouldn't have succeeded and continue to thrive and grow if those grades were meaningful. And every person who bought that phone new exactly what they were doing. That's also a bad comparison since phones are peoples lifeblood now.[/QUOTE]
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