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<p>[QUOTE="Jaelus, post: 2908932, member: 46237"]Low price outliers are a problem as well - when selling. The other day I was at a show trying to sell a couple old type coins of mine that I had recently upgraded. The dealer pulls up an eBay auction for an NGC MS66 that sold for $25 recently and uses this information to price my other coins.</p><p><br /></p><p>Here's the thing, <i>I</i> was the buyer of the MS66 for $25, and that's why I was selling my old examples! $25 was already cheap for a raw MS66, plus grading fees, I would have readily paid 2-3 times as much.</p><p><br /></p><p>The point is, a lowball like that is not a market indicator. Both my old type examples graded MS64 and MS65 were each worth more wholesale than what I paid for the MS66 in this case. And it's not that uncommon either. There are plenty of times where I've upgraded a coin and come out ahead dollar wise after selling my old example.[/QUOTE]</p><p><br /></p>
[QUOTE="Jaelus, post: 2908932, member: 46237"]Low price outliers are a problem as well - when selling. The other day I was at a show trying to sell a couple old type coins of mine that I had recently upgraded. The dealer pulls up an eBay auction for an NGC MS66 that sold for $25 recently and uses this information to price my other coins. Here's the thing, [I]I[/I] was the buyer of the MS66 for $25, and that's why I was selling my old examples! $25 was already cheap for a raw MS66, plus grading fees, I would have readily paid 2-3 times as much. The point is, a lowball like that is not a market indicator. Both my old type examples graded MS64 and MS65 were each worth more wholesale than what I paid for the MS66 in this case. And it's not that uncommon either. There are plenty of times where I've upgraded a coin and come out ahead dollar wise after selling my old example.[/QUOTE]
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