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<p>[QUOTE=&quot;medoraman, post: 1279119, member: 26302&quot;]Well considering I have bought $1000 worth of coins for $100, and $50 worth of coins for $150, which is the market? I bet you could put together a coin that has sold, in the same condition, for $5 one day and $100 the next, (I have literally seen this with roman coins). Which price is the &quot;market&quot;? This is why auction results, and auction, are troublesome to determine market levels from. Ebay is just accentuated since most sellers lie about the grades, making comparisons almost impossible since I believe you have to have a coin in hand to truly grade it. Photos can too easily be manipulated or distorted. If you are not positive the coins are the same grade, any values are meaningless.</p><p><br /></p><p>Your example of a common coin you cannot find for sale does not mean its worth a lot. I looked for a coin in every major catalog and every major show for two years once and finally found it for sale for $80. It was not a &quot;rare&quot; coin, just not for sale. </p><p><br /></p><p>Like I said, Krause and dealers have problems with using them too. Mainly both list common issues too high, and Krause lists rare coins too low. But, given all of the &quot;noise&quot;, I think its the best compromise to use, but always keeping in mind its simply an estimate. I bet you some guy with a few rolls of those 1973 centavos would love to believe they are worth $13 a piece, but I bet you if he tried to sell more than 1 at a time the price would crash to $1. There is an old saying, that Ebay is like a lake miles wide and a foot deep.</p><p><br /></p><p>Edit: As an example a seller was selling a coin book on Ebay once. It was new and listed at $40. He sold them individually at first, getting above $20 the first few times. Then they started going down each auction down to $4. Then he posted x6 auctions, and these went for $20 initially, then down to $10 or less. They were great books, and I bought about 10 auctions x6, and put them away. Today that book on Ebay goes for about $10 again because he stopped selling them there. Ebay is not good with volumes of specific merchandise, its good for different types of merchandise.[/QUOTE]</p><p><br /></p>

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