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Record sale on Ebay? Reserve not met at 3.5mil
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<p>[QUOTE="Cherd, post: 3048804, member: 24754"]Ok, I'll give this one more shot.</p><p><br /></p><p>- Many of the coins have stickers, which indicates that the seller sees some value in that. He's trying to sell the collection for millions of dollars, therefore, my assumption is that all of the coins have been submitted for CAC certification. Do I know for sure? No. But this is the assumption that I'm working with. If you want to argue the fallacy in this logic, then fine. But that is a different debate.</p><p><br /></p><p>- Some of the coins do not have stickers, which would indicate that CAC, for whatever reason, didn't find them worthy of certification. I never insinuated that this meant that the coins were under-graded or that they were trash (re-read my posts). It simply means that the coins didn't meet CAC's criteria for certification, which makes the implications more interesting for the holders without stickers as opposed to holders with stickers.</p><p><br /></p><p>- I stated my feeling that this scenario represents a specific potential downside to CAC stickering when selling groups of coins, as opposed to single coins where these types of things cannot be inferred. That's all!</p><p><br /></p><p>This really isn't complicated, I just thought that it was an observation that people might find interesting and maybe want to talk about. If I would've known that I'd have to spend the night explaining the basic logic, then I wouldn't have bothered. But seriously, I'm done with it.[/QUOTE]</p><p><br /></p>
[QUOTE="Cherd, post: 3048804, member: 24754"]Ok, I'll give this one more shot. - Many of the coins have stickers, which indicates that the seller sees some value in that. He's trying to sell the collection for millions of dollars, therefore, my assumption is that all of the coins have been submitted for CAC certification. Do I know for sure? No. But this is the assumption that I'm working with. If you want to argue the fallacy in this logic, then fine. But that is a different debate. - Some of the coins do not have stickers, which would indicate that CAC, for whatever reason, didn't find them worthy of certification. I never insinuated that this meant that the coins were under-graded or that they were trash (re-read my posts). It simply means that the coins didn't meet CAC's criteria for certification, which makes the implications more interesting for the holders without stickers as opposed to holders with stickers. - I stated my feeling that this scenario represents a specific potential downside to CAC stickering when selling groups of coins, as opposed to single coins where these types of things cannot be inferred. That's all! This really isn't complicated, I just thought that it was an observation that people might find interesting and maybe want to talk about. If I would've known that I'd have to spend the night explaining the basic logic, then I wouldn't have bothered. But seriously, I'm done with it.[/QUOTE]
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