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Record sale on Ebay? Reserve not met at 3.5mil
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<p>[QUOTE="PlanoSteve, post: 3046827, member: 91609"]Well isn't this the classic difference between any buyer & any seller in any transaction! Buyers never think an item is worth as much as the seller is asking. It doesn't matter what it cost him to put it together over the years, if fact, he could have found them raw on the beach (not really) and it wouldn't matter. </p><p><br /></p><p>The fact is, he is operating in a totally different environment than 99.99999% of us here. Yes, it's fun to conjecture about such an auction, but in reality, if he accepts a $5.25 mil bid, that only averages slightly more than $100K per coin! If he gets the $7.5 mil. the avg. is $144K per coin. The most plausible is probably closer to the latter, but I don't know because I am not in that arena - and neither are most of us.</p><p><br /></p><p>Frankly, I would be surprised if the reserve is less than $6.5 mil. & if it sells it will hammer something around 7 or a little over. Just my opinion.[/QUOTE]</p><p><br /></p>
[QUOTE="PlanoSteve, post: 3046827, member: 91609"]Well isn't this the classic difference between any buyer & any seller in any transaction! Buyers never think an item is worth as much as the seller is asking. It doesn't matter what it cost him to put it together over the years, if fact, he could have found them raw on the beach (not really) and it wouldn't matter. The fact is, he is operating in a totally different environment than 99.99999% of us here. Yes, it's fun to conjecture about such an auction, but in reality, if he accepts a $5.25 mil bid, that only averages slightly more than $100K per coin! If he gets the $7.5 mil. the avg. is $144K per coin. The most plausible is probably closer to the latter, but I don't know because I am not in that arena - and neither are most of us. Frankly, I would be surprised if the reserve is less than $6.5 mil. & if it sells it will hammer something around 7 or a little over. Just my opinion.[/QUOTE]
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