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<p>[QUOTE=&quot;Irespire, post: 751957, member: 14858&quot;]My personal opinion is that perhaps the market for certain areas of coins (especially commons in very high grade) has fallen, but it doesn&#039;t seem to have in other areas, and maybe toned coins, which are high in price, tend to follow the &#039;higher priced coins going for less&#039;. While people do seem to definitely overpay for stuff on ebay as a general rule, it seems like the general price of just &#039;basic coins&#039; has gone up quite a bit. Perhaps this is from the gold/silver prices going way up, because I have bought a lot of smaller level coins in the last 1-2 years, and have noticed that I am being outbid a lot more easily, and by far more. However, it was still the case awhile ago that I had an easier time getting deals on higher level stuff, even though there would still be nutjobs that overpaid by a huge amount. I do not know much about toned coins as a market, but I do think there are a few forces at work.</p><p><br /></p><p>To outline some more:</p><p><br /></p><p>The first force is basically the economy, which depresses the overall coin market, but especially for higher value coins since these cost a lot of money that people don&#039;t have. This is much worse for &#039;common&#039; high end coins, where people don&#039;t perceive any serious &#039;rarity&#039; going on. Its likely more pronounced in the &#039;real world&#039; coin hobby as opposed to ebay, where people aren&#039;t as eager, etc.</p><p><br /></p><p>The second force, going against this, is the rising price of precious metals, which (especially on ebay) drives a spur in the desire to acquire coins. However, most people still don&#039;t have enough money for higher end stuff, so naturally they pay more for lower end stuff. I used to snipe stuff ending at off times for extremely good deals sometimes, but it has gotten much harder. I see common date F-12 barber quarters going above numismedia value, when I would previously get them for 55-60%, and sell at 85%. I see the same with seated and bust coins, though I have always had trouble winning the large size capped bust quarters (people pay a lot for them). </p><p><br /></p><p>I recently bid on a huge amount of certified barber halves around $50-$200 in value (most of them, anyway). While I likely wouldnt have won that many before, even WITH combined shipping (I won the first), I only won two out of over 25, and was outbid by a huge amount even though I bid a little higher than I normally would have. </p><p><br /></p><p>Funny enough, the one I won (a PCGS F-12 1904-S, very choice for the grade and in my opinion at least close to F-15) was a high value purchase. I was extremely surprised to win it, and thought I&#039;d be outbid on the order of a few hundred dollars. I won one other (PCGS VF-30 1908-O or something) barely, by $1. But many of the others, I judged the value to be $80, bid $55 or so, they finished for $90 or $100. So its pretty obvious to me that people are paying more for low-mid level stuff, but shying away from higher level common stuff. Awhile ago, I think I would have won at least 5-7 of them for really good prices, possibly lower than what I bid.</p><p><br /></p><p>Again, not sure how this factors into the very specific thread subject of the toned coin market, but this is just what I have observed.[/QUOTE]</p><p><br /></p>

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