Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
Pop./Value of Gold Escudo/Doubloon Coins?
>
Reply to Thread
Message:
<p>[QUOTE="MissSasha, post: 716088, member: 20786"]No, you are not getting the whole picture. It's REALLY simple, the price is determined by what someone is willing to pay for it. There's just no way i can explain that concept any simpler!</p><p><br /></p><p>If someone wants the coin, and there aren't many known examples of that year/variety, they will pay what they wish for it. If there's no known mintage #'s, REALLY no known numbers whatsoever that can ever be found, aka they just don't exist, it's not "a guess", it's a free market price.</p><p><br /></p><p>This is how economics works, you can disagree with me all you want, but that's just the way this works. You can argue 'till you are blue in the face that it's not precise, but that's the way the academic explanation of supply/demand pricing works. </p><p><br /></p><p>I'm not being catty BTW, just having a hard time explaining this to you.[/QUOTE]</p><p><br /></p>
[QUOTE="MissSasha, post: 716088, member: 20786"]No, you are not getting the whole picture. It's REALLY simple, the price is determined by what someone is willing to pay for it. There's just no way i can explain that concept any simpler! If someone wants the coin, and there aren't many known examples of that year/variety, they will pay what they wish for it. If there's no known mintage #'s, REALLY no known numbers whatsoever that can ever be found, aka they just don't exist, it's not "a guess", it's a free market price. This is how economics works, you can disagree with me all you want, but that's just the way this works. You can argue 'till you are blue in the face that it's not precise, but that's the way the academic explanation of supply/demand pricing works. I'm not being catty BTW, just having a hard time explaining this to you.[/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./Value of Gold Escudo/Doubloon Coins?
>
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...