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<p>[QUOTE="GDJMSP, post: 1987142, member: 112"]The thing that must always be remembered is that no 2 coins are equal, even when they are graded exactly the same and by the same company. And because of that there will always be a price range, sometimes a huge price range, as this example shows. But if you actually look at the coins and compare them to each other it often becomes quite apparent why there is such a variance in the realized price.</p><p><br /></p><p>Then you also have to remember "irrational exuberance" and the impact it can have on the realized price of a given coin. In other words, it's not uncommon for somebody to pay way more for a coin than it is really worth give the right set of circumstances. And those circumstances can be a lack of knowledge on the buyer's part, a bidding war, the registry game, just to name a few.</p><p><br /></p><p>So when you are looking at realized prices, which is the best thing you can do, in order to ascertain the value of a given coin you have to use some common sense and remember those things. And all of that combined will allow you to come up with an approximate and yet realistic value for a given coin.[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 1987142, member: 112"]The thing that must always be remembered is that no 2 coins are equal, even when they are graded exactly the same and by the same company. And because of that there will always be a price range, sometimes a huge price range, as this example shows. But if you actually look at the coins and compare them to each other it often becomes quite apparent why there is such a variance in the realized price. Then you also have to remember "irrational exuberance" and the impact it can have on the realized price of a given coin. In other words, it's not uncommon for somebody to pay way more for a coin than it is really worth give the right set of circumstances. And those circumstances can be a lack of knowledge on the buyer's part, a bidding war, the registry game, just to name a few. So when you are looking at realized prices, which is the best thing you can do, in order to ascertain the value of a given coin you have to use some common sense and remember those things. And all of that combined will allow you to come up with an approximate and yet realistic value for a given coin.[/QUOTE]
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