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<p>[QUOTE=&quot;Vess1, post: 676521, member: 13650&quot;]Over the years, I&#039;ve been able to get some unbelievable deals on ebay for around the house items, electronics and other miscellaneous stuff.&nbsp;&nbsp; But when it comes to coins, it seems that it&#039;s hard to get a good deal most of the time.&nbsp;&nbsp; Especially on lower grade stuff because there are so many more buyers and most don&#039;t know how to grade.&nbsp; It seems as if many people are willing to go by whatever the seller grades it, they look up the price for that grade and then bid up to that price and beyond.&nbsp;&nbsp; I would bet that most of the time, for lower grade coins that most of the people bidding have no idea what the actual grade is or if it&#039;s a problem coin.&nbsp; &nbsp;&nbsp; </p><p><br /></p><p>&nbsp; People will bid on just about any problem, cleaned, coin and for the most part, they can&#039;t grade very well if at all to determine what a reasonable price is. </p><p><br /></p><p>&nbsp; I bid on a wheat cent today that I wanted for a special set I&#039;m putting together.&nbsp; Not low mintage by any means.&nbsp; It was decent.&nbsp; Nothing fancy but undamaged.&nbsp; Maybe a fine.&nbsp; An average circulated cent, chocolate brown.</p><p>&nbsp; It should have went for $2.00.&nbsp;&nbsp; It was bid up to $3.75.&nbsp;&nbsp; I couldn&#039;t be around for when the auction ended but I wanted it so I put an insane bid of $10.00 in on it, assuming people might go to $5 and walk away.&nbsp;&nbsp; </p><p>&nbsp; Sure enough, someone outbid me while I was gone and it went for $10.50.</p><p><br /></p><p>&nbsp; I see many other G, VG and F coins that people seem to over-react on.&nbsp; Examples that are often common in that range.&nbsp; &nbsp; And I must be getting pickier in my old age because I have a hard time finding ANY examples I like while looking at them on ebay.&nbsp;&nbsp; </p><p>&nbsp; Really, Ebay is full of over-graded, cleaned, problem coins.&nbsp;&nbsp; Rarely do you find a quality example and when you do, there&#039;s 12 people bidding it up.&nbsp;&nbsp; I&#039;m talking about loose, older coins in general.</p><p><br /></p><p>&nbsp; It&#039;s a great place to go if you want to find a slabbed MS69 or 70 of something.[/QUOTE]</p><p><br /></p>

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