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<p>[QUOTE=&quot;Vess1, post: 677347, member: 13650&quot;]It could be but it almost changes too much with way too many variables.&nbsp; It can depend on the day listed, the time of day listed, and ends up being the luck of the draw whether several people are looking for something at that particular time or not.&nbsp; After that, you have to factor in how desperate the least educated bidder is who wants to buy it.&nbsp;&nbsp; Obviously, this can lead to major price swings from day to day.&nbsp; Of course, some things stay in a general range.</p><p>&nbsp;&nbsp; One anomaly I&#039;d like to use is the 1938-D/S buffalo nickels.&nbsp; I&#039;ve watched many high grade examples sell on ebay over the last couple of months.&nbsp; People consistently pay $150 for MS-65 examples.&nbsp; &nbsp; But then I&#039;ve also watched many MS-66 examples also sell for $150!&nbsp; &nbsp; So are people overpaying for the 65s or stealing the 66&#039;s?&nbsp; &nbsp;&nbsp; It makes no sense.&nbsp; This happens on a routine basis.&nbsp; </p><p><br /></p><p>&nbsp; Another thing I&#039;ve noticed is that a lot of people here laugh at Red book prices and tell people to ignore them.&nbsp; That&#039;s fine.&nbsp; But when it comes to Ebay, a lot of stuff sells very close, +/- 10% to red book prices on average.&nbsp; I&#039;ve watched many Morgans sell within a few cents of redbook.&nbsp; I&#039;ll even say more often than not.&nbsp;&nbsp; When it comes to lower grade stuff, people will often pay 2-3x red book on there.&nbsp; I&#039;ve done it myself.</p><p><br /></p><p>&nbsp; I&#039;ve heard several people say they expect to be able to buy a coin at 10-20% below red book but it doesn&#039;t happen very often on Ebay.&nbsp; It does happen at shows but not the rule.&nbsp; &nbsp; &nbsp; </p><p><br /></p><p>&nbsp;Maybe people pay out of frustration or maybe it&#039;s simply convenience because they don&#039;t know anywhere else to go.&nbsp;&nbsp; Besides Heritage, for better or worse, I don&#039;t know anywhere that has the typical selection that Ebay has on a daily basis, all in one place.&nbsp; &nbsp; Probably for lack of other sources, people are willing to pay the premiums from the comfort of their own home.&nbsp;&nbsp; If it&#039;s a good coin, maybe it&#039;s worth it.</p><p><br /></p><p>&nbsp; I just think that many times people end up getting in bidding wars over stuff that really shouldn&#039;t be fought over and likely wouldn&#039;t be if the majority were able to grade or identify problems.&nbsp;&nbsp; It&#039;s definately something to consider before hitting the bid button.&nbsp;&nbsp; </p><p><br /></p><p>&nbsp;It&#039;s almost like a chaos, where good deals are born out of pure luck by bidding at the last second and hoping the goof ball you&#039;re bidding against has already went to bed.&nbsp;&nbsp; Which can make the end price very inconclusive in the grand scheme of things.&nbsp;&nbsp; I guess maybe just another number to throw in the moving average.[/QUOTE]</p><p><br /></p>

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