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<p>[QUOTE="GDJMSP, post: 634966, member: 112"]OK Mike, Charmy - let me ask you both a question. Let's say that a given coin is purchased for $3,000. Now you have the same coin, slabbed by the same TPG, it has just as much eye appeal, just as much luster, just as much color - pretty much all things are equal in other words.</p><p><br /></p><p>Now the coin in question sold for $3k, but your coin, and all others similar to it have sold in the $1500 to $1800 range. And the following week, say 3 more of those coins sell for in between $1500 - $1800.</p><p><br /></p><p>Now are you telling me that your coins are worth $3k, and all those other similar coins are worth $3k ? I don't think you would say such a thing. And that is my point.</p><p><br /></p><p>There will forever and always be aberations in the realized prices for any coin. And no, prices are not carved in stone. But 1 realized price does not a value make either. That's what I am trying to say.</p><p><br /></p><p>And of course you can take that same coin that was purchased for $3k today. And the buyer, being a flipper, puts the coin up for sale a week later. The high bid for that coin is now $1650. The 2nd highest bid was $1550. Would you still say that coin was worth $3,000 ? I somehow don't think so.[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 634966, member: 112"]OK Mike, Charmy - let me ask you both a question. Let's say that a given coin is purchased for $3,000. Now you have the same coin, slabbed by the same TPG, it has just as much eye appeal, just as much luster, just as much color - pretty much all things are equal in other words. Now the coin in question sold for $3k, but your coin, and all others similar to it have sold in the $1500 to $1800 range. And the following week, say 3 more of those coins sell for in between $1500 - $1800. Now are you telling me that your coins are worth $3k, and all those other similar coins are worth $3k ? I don't think you would say such a thing. And that is my point. There will forever and always be aberations in the realized prices for any coin. And no, prices are not carved in stone. But 1 realized price does not a value make either. That's what I am trying to say. And of course you can take that same coin that was purchased for $3k today. And the buyer, being a flipper, puts the coin up for sale a week later. The high bid for that coin is now $1650. The 2nd highest bid was $1550. Would you still say that coin was worth $3,000 ? I somehow don't think so.[/QUOTE]
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