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<p>[QUOTE="GDJMSP, post: 3003490, member: 112"]Another way to think about this and realize the truth of what I am saying is to think about cars. Everybody has one, and everybody has to buy and sell one from time to time. So say you are getting ready to sell your car, so you go look up the Blue Book value. It tells you your car is worth X dollars, let's say $21,000. Now you can try and trade it in,or you can try and sell it to one of those places that buy cars - there's lots of them to pick from. So you decide to sell it, you go to one of those of those places. The guy comes out, looks at your car, says this is really nice, got low mileage, I'll give you $13,000 for it.</p><p><br /></p><p>About that time your jaw drops open, you stutter a bit and then say - I just looked it up, Blue Book is $21,000 - you trying to rip me off ?????</p><p><br /></p><p>But he's not, he's making you a fair offer. Trouble is, you don't know it. All you know is what the Blue Book says it's worth. Well, it is worth that much, if you can find some private individual who is willing to pay you that much. But odds are you won't because people buying used cars won't do that either. They might offer you 15 to 17, but no way they are going pay you 21.</p><p><br /></p><p>Coin market works the same basic way - just like every other market in the world.[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 3003490, member: 112"]Another way to think about this and realize the truth of what I am saying is to think about cars. Everybody has one, and everybody has to buy and sell one from time to time. So say you are getting ready to sell your car, so you go look up the Blue Book value. It tells you your car is worth X dollars, let's say $21,000. Now you can try and trade it in,or you can try and sell it to one of those places that buy cars - there's lots of them to pick from. So you decide to sell it, you go to one of those of those places. The guy comes out, looks at your car, says this is really nice, got low mileage, I'll give you $13,000 for it. About that time your jaw drops open, you stutter a bit and then say - I just looked it up, Blue Book is $21,000 - you trying to rip me off ????? But he's not, he's making you a fair offer. Trouble is, you don't know it. All you know is what the Blue Book says it's worth. Well, it is worth that much, if you can find some private individual who is willing to pay you that much. But odds are you won't because people buying used cars won't do that either. They might offer you 15 to 17, but no way they are going pay you 21. Coin market works the same basic way - just like every other market in the world.[/QUOTE]
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Seeking Advice: Selling Inherited US, World Coins, Proof Sets, & Paper Money
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