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<p>[QUOTE="brg5658, post: 1266551, member: 29751"]If you know your series, this can really work to your advantage buying on auction sites like eBay. Many eBay sellers with large inventories will price their items at exactly or maybe + / - $5 of the "book value" of an item. They have too much inventory to be knowledgeable about all of the items, so they just slap a price on the item, and post it on the BAY. In the absence of price information all together, they may also just guess on a price based on a similar item but of a different date/series, etc. I don't collect notes, but in the arena of coins this is certainly true! </p><p><br /></p><p>I have gotten some amazing deals on top-pop coins, with very small populations. I purchased a top-pop Sacagawea $1 with a known PCGS and NGC combined population of 32 coins for $49. Of this particular coin, I have seen only one other of it's type posted and it sold for more than $500. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" /> I was sad when this seller stopped posting new items...[/QUOTE]</p><p><br /></p>
[QUOTE="brg5658, post: 1266551, member: 29751"]If you know your series, this can really work to your advantage buying on auction sites like eBay. Many eBay sellers with large inventories will price their items at exactly or maybe + / - $5 of the "book value" of an item. They have too much inventory to be knowledgeable about all of the items, so they just slap a price on the item, and post it on the BAY. In the absence of price information all together, they may also just guess on a price based on a similar item but of a different date/series, etc. I don't collect notes, but in the arena of coins this is certainly true! I have gotten some amazing deals on top-pop coins, with very small populations. I purchased a top-pop Sacagawea $1 with a known PCGS and NGC combined population of 32 coins for $49. Of this particular coin, I have seen only one other of it's type posted and it sold for more than $500. :) I was sad when this seller stopped posting new items...[/QUOTE]
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