Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
Pop math...
>
Reply to Thread
Message:
<p>[QUOTE="19Lyds, post: 1618545, member: 15929"]Price Gude values are just what the title states: A Guide</p><p><br /></p><p>The relationship of what sells at "price guide value" and what does not is related to:</p><p><br /></p><p>1. The popularity of the coin</p><p>2. The number of bidders participating in the auction</p><p>3. The sincerity of those bidders</p><p><br /></p><p>I've seen "proce guide" coins with a value of $250 sell for $12. Why? Simple. The market wave governing the coin had come and gone and everybody that wanted one, had one. The speculation bubble had been broken AND since there were no more sales of the piece, the price guides could not be updated.</p><p><br /></p><p>Now the question is: <b>Should the $12 sale of a $250 coin "really" be allowed to affect the price guides?</b></p><p><b><br /></b></p><p><b></b>If you answer Yes, then I know of a fella that purchased a 1941 Proof Set for $59 on eBay and that sale should be factored into the overall value of a 1941 Proof Set. Granted, the seller labeled it as a "Mint Set" but the photo's clearly show a "Proof Set". Nobody was really looking.</p><p><br /></p><p><a href="http://www.ebay.com/itm/1941-U-S-Mint-Set-Walking-Liberty-Very-Good-Condition-/200720687123?_trksid=p2047675.l2557&ssPageName=STRK%3AMEWNX%3AIT&nma=true&si=ARoeCthNR52%252FzPWYtdfg%252BrObcL8%253D&orig_cvip=true&rt=nc" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.ebay.com/itm/1941-U-S-Mint-Set-Walking-Liberty-Very-Good-Condition-/200720687123?_trksid=p2047675.l2557&ssPageName=STRK%3AMEWNX%3AIT&nma=true&si=ARoeCthNR52%252FzPWYtdfg%252BrObcL8%253D&orig_cvip=true&rt=nc" rel="nofollow">http://www.ebay.com/itm/1941-U-S-Mint-Set-Walking-Liberty-Very-Good-Condition-/200720687123?_trksid=p2047675.l2557&ssPageName=STRK%3AMEWNX%3AIT&nma=true&si=ARoeCthNR52%252FzPWYtdfg%252BrObcL8%253D&orig_cvip=true&rt=nc</a>[/QUOTE]</p><p><br /></p>
[QUOTE="19Lyds, post: 1618545, member: 15929"]Price Gude values are just what the title states: A Guide The relationship of what sells at "price guide value" and what does not is related to: 1. The popularity of the coin 2. The number of bidders participating in the auction 3. The sincerity of those bidders I've seen "proce guide" coins with a value of $250 sell for $12. Why? Simple. The market wave governing the coin had come and gone and everybody that wanted one, had one. The speculation bubble had been broken AND since there were no more sales of the piece, the price guides could not be updated. Now the question is: [B]Should the $12 sale of a $250 coin "really" be allowed to affect the price guides? [/B]If you answer Yes, then I know of a fella that purchased a 1941 Proof Set for $59 on eBay and that sale should be factored into the overall value of a 1941 Proof Set. Granted, the seller labeled it as a "Mint Set" but the photo's clearly show a "Proof Set". Nobody was really looking. [URL="http://www.ebay.com/itm/1941-U-S-Mint-Set-Walking-Liberty-Very-Good-Condition-/200720687123?_trksid=p2047675.l2557&ssPageName=STRK%3AMEWNX%3AIT&nma=true&si=ARoeCthNR52%252FzPWYtdfg%252BrObcL8%253D&orig_cvip=true&rt=nc"]http://www.ebay.com/itm/1941-U-S-Mint-Set-Walking-Liberty-Very-Good-Condition-/200720687123?_trksid=p2047675.l2557&ssPageName=STRK%3AMEWNX%3AIT&nma=true&si=ARoeCthNR52%252FzPWYtdfg%252BrObcL8%253D&orig_cvip=true&rt=nc[/URL][/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
Pop math...
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...