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<p>[QUOTE="GDJMSP, post: 752313, member: 112"]Yes you were aware of it, mentione dit in your first post as I recall. But I doubt the comment had much impact given the rest of the content. So I said it again.</p><p><br /></p><p>And I'll tell you something that you did not say - one coin dealer does not a market make either. Anacconda was successful for one reason in my opinion. It was largely due to people like you who would pay the outrageous prices he asked, but there were very few of you. Those same people raved about the coins and his pics in the various coin forums. This created a following if you will, and I suppose it even influenced a few more to buy some of his coins and pay way more than they were worth.</p><p><br /></p><p>And Paul, I too have seen Anaconda's coins in hand, several times. And in the vast majority of the cases what I realated in my previous posts about the coins being quite dark was correct. At the '08 ANA show I was specifically looking for a nicely toned coin to buy for my son. Nothing expensive, but pretty and something he could always look at and remember. So of course I visited Anaconda's table and looked at everything he had. Without exception I shook my head at every coin and ended up walking away empty handed.</p><p><br /></p><p>Of course I didn't stop looking. At another table I was able to find a very nice Morgan, same date, same mint, same TPG, same grade, and toning that was every bit as nice as some examples Anaconda had. One big difference - where Anaconda wanted over $1000 for his coins, the one I found and purchased was $275. And it was every bit the equal of the Anaconda coins.</p><p><br /></p><p>My point is the same as it has always been - there are always those who over-pay for coins.[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 752313, member: 112"]Yes you were aware of it, mentione dit in your first post as I recall. But I doubt the comment had much impact given the rest of the content. So I said it again. And I'll tell you something that you did not say - one coin dealer does not a market make either. Anacconda was successful for one reason in my opinion. It was largely due to people like you who would pay the outrageous prices he asked, but there were very few of you. Those same people raved about the coins and his pics in the various coin forums. This created a following if you will, and I suppose it even influenced a few more to buy some of his coins and pay way more than they were worth. And Paul, I too have seen Anaconda's coins in hand, several times. And in the vast majority of the cases what I realated in my previous posts about the coins being quite dark was correct. At the '08 ANA show I was specifically looking for a nicely toned coin to buy for my son. Nothing expensive, but pretty and something he could always look at and remember. So of course I visited Anaconda's table and looked at everything he had. Without exception I shook my head at every coin and ended up walking away empty handed. Of course I didn't stop looking. At another table I was able to find a very nice Morgan, same date, same mint, same TPG, same grade, and toning that was every bit as nice as some examples Anaconda had. One big difference - where Anaconda wanted over $1000 for his coins, the one I found and purchased was $275. And it was every bit the equal of the Anaconda coins. My point is the same as it has always been - there are always those who over-pay for coins.[/QUOTE]
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