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<p>[QUOTE="GDJMSP, post: 1053241, member: 112"]Does that not in and of itself tell us all something ? You're a lover of toned coins and because you're lover of toned coins you are willing to pay higher premiums than many others would. Nothing wrong with that. But it is important as to what it tell us.</p><p><br /></p><p>For those who really want to get something out of this thread what people should look at is not the prices being estimated - but rather <u>who</u> is doing the estimating. </p><p><br /></p><p>What you will see, what I have seen, is that those who are the most infatuated, in love with, taken with - (choose your own word or phrase) - toned coins are most often the ones giving the highest estimates. Conversely the opposite is also true. Those who are not so crazy about toned coins are those giving the lowest estimates.</p><p><br /></p><p>I guess what I'm trying to point out here is that what drives the prices on toned coins is emotion, not any particular knowledge or insight into the toned coin market. Anybody can look at realized prices and guess what the price range for similarly toned coins will be.</p><p><br /></p><p>The real question is what causes those prices to attain that range. And the obvious answer is emotion. People are thinking (pricing) with their hearts - not their heads.[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 1053241, member: 112"]Does that not in and of itself tell us all something ? You're a lover of toned coins and because you're lover of toned coins you are willing to pay higher premiums than many others would. Nothing wrong with that. But it is important as to what it tell us. For those who really want to get something out of this thread what people should look at is not the prices being estimated - but rather [U]who[/U] is doing the estimating. What you will see, what I have seen, is that those who are the most infatuated, in love with, taken with - (choose your own word or phrase) - toned coins are most often the ones giving the highest estimates. Conversely the opposite is also true. Those who are not so crazy about toned coins are those giving the lowest estimates. I guess what I'm trying to point out here is that what drives the prices on toned coins is emotion, not any particular knowledge or insight into the toned coin market. Anybody can look at realized prices and guess what the price range for similarly toned coins will be. The real question is what causes those prices to attain that range. And the obvious answer is emotion. People are thinking (pricing) with their hearts - not their heads.[/QUOTE]
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