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<p>[QUOTE="GDJMSP, post: 14736, member: 112"]Actually what I am saying is there is a very wide range of prices for a couple of different reasons. With Mercury dimes it makes a great deal of difference to some buyers if the coin in question has the FB designation or not. One without the FB may sell for $50 - one with the FB may sell for the same amount or up to $150 - depending on the buyer. For if the buyer is involved in the Registry Sets he may be willing to pay a substantial premium for the coin just so he can increase his Registry Set score. It has nothing to do with the coin really - he just wants to increase his score and he is willing to pay to do so.</p><p><br /></p><p>Another factor that can have a substantial impact when talking about the range of prices for a given coin is toning. Many collectors of toned coins will pay several times the book value of the coin if the coin has, in their opinion, pleasing toning. Another collector, looking at the very same coin, may not find it so beautiful and only be willing to pay flat book value for the coin. </p><p><br /></p><p>This is what so many collectors, new to the hobby, fail to understand. It is not the coin itself that determines value - it is the buyer of the coin. As a result a new collector may see that a few coins, graded MS67 or whatever, sell for high prices and think that all such coins graded MS67 are worth just as much. And because of that they pay a similar amount for another MS67. But then, for whatever reason, they decide to sell this coin thinking they will receive what they paid for it. But they are sadly disappointed when they only receive a fraction of what they paid. </p><p><br /></p><p>This is when they begin to understand that while there may be one or two or a half dozen collectors who will pay multiples of book value for a given coin - there are <u>only that many</u> who will do so. To the rest of the collecting world the very same coin is worth but a fraction of that value.[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 14736, member: 112"]Actually what I am saying is there is a very wide range of prices for a couple of different reasons. With Mercury dimes it makes a great deal of difference to some buyers if the coin in question has the FB designation or not. One without the FB may sell for $50 - one with the FB may sell for the same amount or up to $150 - depending on the buyer. For if the buyer is involved in the Registry Sets he may be willing to pay a substantial premium for the coin just so he can increase his Registry Set score. It has nothing to do with the coin really - he just wants to increase his score and he is willing to pay to do so. Another factor that can have a substantial impact when talking about the range of prices for a given coin is toning. Many collectors of toned coins will pay several times the book value of the coin if the coin has, in their opinion, pleasing toning. Another collector, looking at the very same coin, may not find it so beautiful and only be willing to pay flat book value for the coin. This is what so many collectors, new to the hobby, fail to understand. It is not the coin itself that determines value - it is the buyer of the coin. As a result a new collector may see that a few coins, graded MS67 or whatever, sell for high prices and think that all such coins graded MS67 are worth just as much. And because of that they pay a similar amount for another MS67. But then, for whatever reason, they decide to sell this coin thinking they will receive what they paid for it. But they are sadly disappointed when they only receive a fraction of what they paid. This is when they begin to understand that while there may be one or two or a half dozen collectors who will pay multiples of book value for a given coin - there are [U]only that many[/U] who will do so. To the rest of the collecting world the very same coin is worth but a fraction of that value.[/QUOTE]
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