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<p>[QUOTE="Hiddendragon, post: 1279086, member: 25270"]I think I've talked about this on here before with people, but I think the argument could be made that the eBay value is essentially the market price, because that's what they're selling for. I have some coins that Krause says are worth $5 and I can put them on eBay at a starting bid of 99 cents and get no bites, but another coin that Krause says is worth $1 goes for $10 on eBay with 15 bids. EBay can be a much more accurate appraisal of what the real demand is for something. To be more specific, I'm working on a set of modern Mexican coins, and one that I need is the 1973 one centavo. Krause lists the value at about $2, but I've checked eBay for months and no one ever lists one. Finally there was one listed, and it ended up selling for $13. So who's right about the value? EBay or Krause? Even if buyers on eBay aren't knowledgeable, they still need to be factored in. There are unknowledgeable buyers at coin shows too. Some people pay the asking price when buying a car too, and others bargain for an hour.[/QUOTE]</p><p><br /></p>
[QUOTE="Hiddendragon, post: 1279086, member: 25270"]I think I've talked about this on here before with people, but I think the argument could be made that the eBay value is essentially the market price, because that's what they're selling for. I have some coins that Krause says are worth $5 and I can put them on eBay at a starting bid of 99 cents and get no bites, but another coin that Krause says is worth $1 goes for $10 on eBay with 15 bids. EBay can be a much more accurate appraisal of what the real demand is for something. To be more specific, I'm working on a set of modern Mexican coins, and one that I need is the 1973 one centavo. Krause lists the value at about $2, but I've checked eBay for months and no one ever lists one. Finally there was one listed, and it ended up selling for $13. So who's right about the value? EBay or Krause? Even if buyers on eBay aren't knowledgeable, they still need to be factored in. There are unknowledgeable buyers at coin shows too. Some people pay the asking price when buying a car too, and others bargain for an hour.[/QUOTE]
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