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<p>[QUOTE="Speedy, post: 759687, member: 705"]But what does Current market value mean? How does the PO decide what is current market value? If I go to the bank and get a roll of 2009-P Dimes they cost me $5 - since most people can't just do that they are willing to pay MORE than face value for that item - if I mail that item to Joe Blow, and he paid $10 for it, is the value $5 or $10?</p><p><br /></p><p>Again with the laptop - the current market value for that laptop for that person was $200 - but most likely I could have put it in the newspaper in our town and sold it for $400. An item is worth what you can get someone to pay for it, and I'm trying to understand how the PO decides WHAT the value of such an item is.</p><p><br /></p><p>I'm not trying to be rude, or mean - I'm really just trying to understand how this works so I don't do the wrong thing. I've mailed thousands of dollars worth of coins in the past and most of the time I look at what I paid for the coins, and what it would cost me to REPLACE the coins. In your first post you said Market value OR cost - I don't know if that means that it can be either...just as long as it is the highest of the two?</p><p><br /></p><p>Speedy[/QUOTE]</p><p><br /></p>
[QUOTE="Speedy, post: 759687, member: 705"]But what does Current market value mean? How does the PO decide what is current market value? If I go to the bank and get a roll of 2009-P Dimes they cost me $5 - since most people can't just do that they are willing to pay MORE than face value for that item - if I mail that item to Joe Blow, and he paid $10 for it, is the value $5 or $10? Again with the laptop - the current market value for that laptop for that person was $200 - but most likely I could have put it in the newspaper in our town and sold it for $400. An item is worth what you can get someone to pay for it, and I'm trying to understand how the PO decides WHAT the value of such an item is. I'm not trying to be rude, or mean - I'm really just trying to understand how this works so I don't do the wrong thing. I've mailed thousands of dollars worth of coins in the past and most of the time I look at what I paid for the coins, and what it would cost me to REPLACE the coins. In your first post you said Market value OR cost - I don't know if that means that it can be either...just as long as it is the highest of the two? Speedy[/QUOTE]
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