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<p>[QUOTE="Curtisimo, post: 2794027, member: 83845"]I respectfully disagree with this statement.</p><p><br /></p><p><br /></p><p><br /></p><p>If in some alternate universe I were inclined to sell my coins I can honestly say that I would have no problem with the scenario [USER=56859]@TIF[/USER] described. As a seller I would be looking for fair market value not hoping that two determined bidders drive the price into moon money territory. I would ensure that I were not taken advantage of by setting a reasonable minimum bid. Two or three people will not stop the selling price from reaching fair market value.</p><p><br /></p><p>Plus it's not like that money is simply disappearing. How would you feel if you were the seller in the same auction who got less money because one of the bidders overpaid for the next coin over?</p><p><br /></p><p><br /></p><p><br /></p><p>The above scenario would not have an appreciable affect on the profitability of auctions as a whole because as I said that money would simply be recycled back into other offerings.[/QUOTE]</p><p><br /></p>
[QUOTE="Curtisimo, post: 2794027, member: 83845"]I respectfully disagree with this statement. If in some alternate universe I were inclined to sell my coins I can honestly say that I would have no problem with the scenario [USER=56859]@TIF[/USER] described. As a seller I would be looking for fair market value not hoping that two determined bidders drive the price into moon money territory. I would ensure that I were not taken advantage of by setting a reasonable minimum bid. Two or three people will not stop the selling price from reaching fair market value. Plus it's not like that money is simply disappearing. How would you feel if you were the seller in the same auction who got less money because one of the bidders overpaid for the next coin over? The above scenario would not have an appreciable affect on the profitability of auctions as a whole because as I said that money would simply be recycled back into other offerings.[/QUOTE]
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