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<p>[QUOTE=&quot;GDJMSP, post: 634152, member: 112&quot;]And that is the key to the whole thing. With any coin, and I don&#039;t care what it is - the desire to own it is what drives the prices. The more desire any potential buyer has, the more he is willing to pay. Of course that person will forever afterwards justify to anyone who will listen the price he paid. But that doesn&#039;t really mean the coin is worth that much.</p><p><br /></p><p>What I mean is this - paying a premium price for a Matte Proof Lincoln is no different than some of the newbies on ebay paying an outrageous price for a common date Morgan or a counterfeit coin. They desire to own that coin, at just about any price, and that is all that matters to them.</p><p><br /></p><p>And that is the problem with saying things like a coin is worth whatever someone will pay for it. Well, it isn&#039;t worth whatever someone will pay for it - it is worth what everyone will pay for it.</p><p><br /></p><p>In other words, just because 1 person is willing to pay $3k for a given coin does not make the coin worth $3k - especially when 10-20, or even 100 other people are only willing to pay $1500. </p><p><br /></p><p>In that scenario the true value of the coin is $1500 - not $3000.[/QUOTE]</p><p><br /></p>

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