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<p>[QUOTE="The_Cave_Troll, post: 725769, member: 1674"]I would imagine that an offer of 50% of trends is likely to be a fair offer on many things. Very few dealers have the absolute rocks it takes to price their inventory at "Trends".</p><p><br /></p><p>Take a look at some recent Heritage auctions and then compare the prices realized to the Trends values for those coins, I think that would be an eye-opening experience for you.</p><p><br /></p><p><br /></p><p><br /></p><p>Yes, you are wrong on that. </p><p><br /></p><p>Coin prices have slumped sharply over the past 10-14 months, with some areas of the market down 20-30% (or more) and it is far worse for currency prices, which are down 30-50% in some areas. The market seems stable at the current levels but that doesn't mean that prudent dealers have not cut prices on their inventories to keep the cashflow rolling, because they have.</p><p><br /></p><p><br /></p><p><br /></p><p>lol, that is called being a dealer! </p><p><br /></p><p><br /></p><p><br /></p><p>no they are not useless, they help dealers sell coins to collectors not willing to do their homework on what value a particular coin has. You are missing the crucial component here, that the prices "reported" in "Trends" are supplied by dealers who have coins they would like to sell, this clearly leads to inflated prices, which the unknowlegable take as gospel.</p><p><br /></p><p>No dealer forced you to buy anything, so if you decided not to do your due diligence before purchasing a coin and overpaid for it, then I don't see how this is the dealer's problem.[/QUOTE]</p><p><br /></p>
[QUOTE="The_Cave_Troll, post: 725769, member: 1674"]I would imagine that an offer of 50% of trends is likely to be a fair offer on many things. Very few dealers have the absolute rocks it takes to price their inventory at "Trends". Take a look at some recent Heritage auctions and then compare the prices realized to the Trends values for those coins, I think that would be an eye-opening experience for you. Yes, you are wrong on that. Coin prices have slumped sharply over the past 10-14 months, with some areas of the market down 20-30% (or more) and it is far worse for currency prices, which are down 30-50% in some areas. The market seems stable at the current levels but that doesn't mean that prudent dealers have not cut prices on their inventories to keep the cashflow rolling, because they have. lol, that is called being a dealer! no they are not useless, they help dealers sell coins to collectors not willing to do their homework on what value a particular coin has. You are missing the crucial component here, that the prices "reported" in "Trends" are supplied by dealers who have coins they would like to sell, this clearly leads to inflated prices, which the unknowlegable take as gospel. No dealer forced you to buy anything, so if you decided not to do your due diligence before purchasing a coin and overpaid for it, then I don't see how this is the dealer's problem.[/QUOTE]
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