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<p>[QUOTE=&quot;GDJMSP, post: 750055, member: 112&quot;]Typical anti-toning rhetoric ? Since when have I been anti-toning ? I love toned coins and think many of them are absolutely gorgeous. As for me not being being able to admit I&#039;m wrong - gimme a break Paul. If and when I am wrong, I readily admit to it far more often than just about anybody else you can think of - and you know it.</p><p><br /></p><p>&nbsp;</p><p><br /></p><p>Sure I can, it&#039;s my opinion and everybody is entitled to one.</p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p>Paul you know as well as I do that people routinely, stress routinely, over-pay for stuff on ebay. Why do you think it is that no coin dealer worth his salt will pay any attention to realized prices on ebay ? It&#039;s because there are too many stupid and/or ignorant people on ebay who pay too much for stuff. Why are realized prices on ebay not used in price guides ? Same reason. Using ebay as a benchmark to set the value on something is a fool&#039;s errand.</p><p><br /></p><p>And using the phrase a coin is worth whatever somebody will pay for it is rediculous. It is completely and totally inaccurate. As I have about a million times in the past I will use a couple of examples. Are any of the glaringly fake coins sold on ebay for over $1000 actually worth a $1000 ? No, of course not. Are any of the thousands of gold plated pieces of crap sold by the TV hucksters actually worth that $50 or even $20 price tag that is paid for them ? Again - no, of course not.</p><p><br /></p><p>As to explaining the private sale - show me the collector who will not admit to over-paying for a coin ?</p><p><br /></p><p>What your phrase should be is - a coin is worth the average of what a group of educated buyers will pay for it.</p><p><br /></p><p><br /></p><p><br /></p><p>As I said - &quot;I suspect&quot;. You have seen the specific coin and I haven&#039;t. But I can promise you this Paul, over the years I have seen just as many toned coins as you have and probably a lot more than you have. And in the vast majority of cases, in person, toned coins seldom look like the pictures used for sales. When viewed in person they are almost always dark when viewed straight on and only show their color when turned to just the right angle.</p><p><br /></p><p><br /></p><p><br /></p><p>Maybe, I&#039;ll believe it when I see it. What I have seen is that prices for toned coins, just like prices for all other coins, have been dropping like hot rocks.</p><p><br /></p><p><br /></p><p><br /></p><p>Paul you need to understand that I am in no way belittleing or knocking the coin. You asked a question asking for thoughts/opinions and I resonded with mine. But yet you take it to mean that I must have some agenda or something simply because my opinion is different than yours.</p><p><br /></p><p>Well Paul, I have no agenda. Could not possibly have one since I no longer buy or collect coins. And it is precisely because I no longer buy or collect that I am able to keep an open mind and present an unbiased opinion based merely on the facts. And the facts are that prices are dropping for all coins. The facts are very, very seldom do pictures of toned coins ever look like the coin really does when viewed in hand - unless you turn it just the right way in the light. The facts are that there are people who routinely over-pay for coins. You have admitted to doing this yourself many, many times. You have also admitted that you do not expect to ever recover the money you have spent over the years on these toned coins.</p><p><br /></p><p>And yet, when you yourself have admitted all these things - I am the one who is wrong ?[/QUOTE]</p><p><br /></p>

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