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<p>[QUOTE=&quot;GoldFinger1969, post: 26041950, member: 73489&quot;]With a smartphone and a few coin apps, you should have recent prices at your fingertips. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie33" alt=":cigar:" unselectable="on" unselectable="on" /></p><p><br /></p><p>Look...if I overpay 20% on a Morgan Dollar that costs $75 or even $150 it&#039;s not going to break me if I really like the coin.&nbsp; But if I am bidding on a 1908 NM Saint with a MS-66 grade and CAC and/or OGH....I want to know where the price is as it can vary up to $1,000 or more.&nbsp; That&#039;s real $$$. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie8" alt=":D" unselectable="on" unselectable="on" /></p><p><br /></p><p>For trophy coins that cost more, the presence of even a 2nd strong bidder can totally change the price structure.</p><p><br /></p><p><b>It&#039;s not a coin, but my experience with Ebay when it first came out is instructive. </b> I saw a Sports Illustrated issue from my youth that I had to have....there were 1 or 2 others who also wanted it....I ended up paying $85.&nbsp; Not big $$$ but alot for a magazine that sold for $1 when I got it 25 years earlier.</p><p><br /></p><p>A few weeks later, an identical SI issue goes up for sale....$15 final price !! <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie100" alt=":wideyed:" unselectable="on" unselectable="on" /></p><p><br /></p><p><b>So always take into account the frequencey of the item you are considering buying.</b>&nbsp; If it comes up for sale every few weeks or months, and you REALLY don&#039;t like the price you are seeing now, wait a bit.&nbsp; If on the other hand it&#039;s something that you must have and rarely see, then paying up is probably the best strategy. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie33" alt=":cigar:" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>

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