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<p>[QUOTE=&quot;panamagold, post: 716098, member: 20839&quot;]O.K., I&#039;ll respond on the basis that you&#039;re not being catty. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" /></p><p>Yes, I agree with you in principal and theory.&nbsp; Yes, you are correct the market sets the price.&nbsp; Yes, I know there are cases in which this is considered to be reasonable.&nbsp; Such as the guy that sells a $500.00 power generator for $5000.00 to a poor soul who&#039;s lost his home during a hurricane.&nbsp; It&#039;s true that this is supply and demand in action, but it&#039;s not always a &quot;fair&quot; market price.</p><p><br /></p><p>To be a little more fair, lets say you&#039;re shopping for a pair of black jeans, you go to a store and find they only have one pair and it&#039;s priced 2x the common blue jeans that are readily available in that store.&nbsp; Is that 2x price on that pair of jeans the market price?&nbsp; I&#039;d say&nbsp; no, it happens to be the price that retailer/store believes they can get for their jeans.&nbsp; If the customer doesn&#039;t care/question availability of the jeans they may find that price to be acceptable.&nbsp; However, customer B, may ask the question, &quot;How many of these jeans are available on the market?&quot; go down the street to another store and find they carry plenty of black jeans at the same price as blue jeans.</p><p><br /></p><p>In that case, what&#039;s the fair market price of black jeans?</p><p><br /></p><p>O.K., back to the coin.&nbsp; Back in the day they may have not tracked the count of coins minted.&nbsp; O.K., that&#039;s fair.&nbsp; However, today it is possible to either guess or have a running count of known examples of a particular coin. If a current tally of the coins is known, that would give a better idea of the value of the coin.&nbsp; If it turns out that tomorrow they find a huge stash of the same coins, well I guess at that point your SOL.</p><p><br /></p><p>I&#039;m willing to accept that as an issue, but I&#039;d like buy a coin based on the current accepted or established fair market value for a coin.</p><p><br /></p><p>PG[/QUOTE]</p><p><br /></p>

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