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<p>[QUOTE="Juan Blanco, post: 1628203, member: 41665"]Agreed, the onesie-twosie crowd will <i>sometimes </i>overpay by ~30- 60% (as I wrote: "true uninformed buyers pay more for singles more often") but look more carefully. </p><p>Lots of high rates BINs DON'T SELL at all. Don't cherry-pick 'the onesie' High (or Low) Price and call that "the market" either. I averaged all 1/29/13 junk sales, <i>weighted by volume/#s,</i> that's market. Nor should you conflate the "Choice BU" coins with worn junk (as you did: "Mint State" example) ; rather, aggregate same-same and weight completed auctions accordingly. </p><p><br /></p><p>Sure there are LOTS of folks who'd like to <i>sell higher</i>... but they CAN'T. That's exactly my point. It's a Bull Trap, beware.</p><p><br /></p><p>1/30/13: POS 32.02/ Intrinsic 1.80 ....this junk War Nickel <i>didn't sell </i>at $3.70>>> and won't likely sell at $3.14, POS @ 27 either. But net feeBay -13%, that coin's a sure loser for someone PAYING even $3. now. </p><p><a href="http://rover.ebay.com/rover/1/711-53200-19255-0/1?type=3&campid=5335874456&toolid=10001&mpre=http%3A%2F%2Fwww.ebay.com%2Fitm%2F1944-P-JEFFERSON-SILVER-WAR-NICKEL-%2F200887700487" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://rover.ebay.com/rover/1/711-53200-19255-0/1?type=3&campid=5335874456&toolid=10001&mpre=http%3A%2F%2Fwww.ebay.com%2Fitm%2F1944-P-JEFFERSON-SILVER-WAR-NICKEL-%2F200887700487" rel="nofollow">http://www.ebay.com/itm/1944-P-JEFFERSON-SILVER-WAR-NICKEL-/200887700487</a></p><p><br /></p><p>The biggest question left answered here: given declining Ag coin sales at current POS levels, WHY ASSUME MOST NOOBS WILL HAVE MORE $s TO BUY <u>MORE</u> War Nickels AT EVEN HIGHER PRICES? That (il)logic goes squarely against everything taught in Econ 100: check that, chief. It's bubblicious, Silverfishy nonsense, frankly.</p><p><br /></p><p>Buying War Nickels at (high POS) Intrinsic rates today looks to be a very dodgy proposition. This is Seller's Market Moment --- as good as it gets? ---and <i>quite the opposite </i>of a Buyer's Sweet Opportunity. Anyway, informed bullion buyers are waiting for better prices, <b>POS @ 22.-25. </b>War Nickels will be "worth" ~ $1.24 - 1.41 when that retrace happens, inevitably. We shall see...</p><p><br /></p><p>Keep your powder dry 'til then! (April? June?)[/QUOTE]</p><p><br /></p>
[QUOTE="Juan Blanco, post: 1628203, member: 41665"]Agreed, the onesie-twosie crowd will [I]sometimes [/I]overpay by ~30- 60% (as I wrote: "true uninformed buyers pay more for singles more often") but look more carefully. Lots of high rates BINs DON'T SELL at all. Don't cherry-pick 'the onesie' High (or Low) Price and call that "the market" either. I averaged all 1/29/13 junk sales, [I]weighted by volume/#s,[/I] that's market. Nor should you conflate the "Choice BU" coins with worn junk (as you did: "Mint State" example) ; rather, aggregate same-same and weight completed auctions accordingly. Sure there are LOTS of folks who'd like to [I]sell higher[/I]... but they CAN'T. That's exactly my point. It's a Bull Trap, beware. 1/30/13: POS 32.02/ Intrinsic 1.80 ....this junk War Nickel [I]didn't sell [/I]at $3.70>>> and won't likely sell at $3.14, POS @ 27 either. But net feeBay -13%, that coin's a sure loser for someone PAYING even $3. now. [URL="http://rover.ebay.com/rover/1/711-53200-19255-0/1?type=3&campid=5335874456&toolid=10001&mpre=http%3A%2F%2Fwww.ebay.com%2Fitm%2F1944-P-JEFFERSON-SILVER-WAR-NICKEL-%2F200887700487"]http://www.ebay.com/itm/1944-P-JEFFERSON-SILVER-WAR-NICKEL-/200887700487[/URL] The biggest question left answered here: given declining Ag coin sales at current POS levels, WHY ASSUME MOST NOOBS WILL HAVE MORE $s TO BUY [U]MORE[/U] War Nickels AT EVEN HIGHER PRICES? That (il)logic goes squarely against everything taught in Econ 100: check that, chief. It's bubblicious, Silverfishy nonsense, frankly. Buying War Nickels at (high POS) Intrinsic rates today looks to be a very dodgy proposition. This is Seller's Market Moment --- as good as it gets? ---and [I]quite the opposite [/I]of a Buyer's Sweet Opportunity. Anyway, informed bullion buyers are waiting for better prices, [B]POS @ 22.-25. [/B]War Nickels will be "worth" ~ $1.24 - 1.41 when that retrace happens, inevitably. We shall see... Keep your powder dry 'til then! (April? June?)[/QUOTE]
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