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<p>[QUOTE="coleguy, post: 1290462, member: 9167"]While I understand what you mean, Doug, I have to disagree. Otherwise great rarities, such as the 33 double eagle and the 1804 dollars would be worth fractions of what are because in reality it's been one or two people who have bid their prices up, not a community of collectors. Most, if not all of the six figure coins have changed hands withing a tiny elite community of just a few dozen collectors over the years. Thats hardly a barometer of the community as a whole in determining overall value of a coin.</p><p><br /></p><p>As for Marshall's experience, who's to say had he been in a room with other bidders, or even the one bidder who won, with a live auction where sneaky last second bids are impossible, that the two of them wouldn't have driven the price many multiples it's current sale price? Thats one reason Ebay is not a good place to get auction prices, because the variables are just not realistic.</p><p>Guy[/QUOTE]</p><p><br /></p>
[QUOTE="coleguy, post: 1290462, member: 9167"]While I understand what you mean, Doug, I have to disagree. Otherwise great rarities, such as the 33 double eagle and the 1804 dollars would be worth fractions of what are because in reality it's been one or two people who have bid their prices up, not a community of collectors. Most, if not all of the six figure coins have changed hands withing a tiny elite community of just a few dozen collectors over the years. Thats hardly a barometer of the community as a whole in determining overall value of a coin. As for Marshall's experience, who's to say had he been in a room with other bidders, or even the one bidder who won, with a live auction where sneaky last second bids are impossible, that the two of them wouldn't have driven the price many multiples it's current sale price? Thats one reason Ebay is not a good place to get auction prices, because the variables are just not realistic. Guy[/QUOTE]
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