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<p>[QUOTE=&quot;papermoney, post: 1075252, member: 28708&quot;]FMV cannot be determined via ebay sales as FMV is subject to two conditions;</p><p><br /></p><p>Both seller and buyer are reasonably knowledgeable about the asset in question (no real way to determine this in most ebay sales)</p><p><br /></p><p>AND</p><p><br /></p><p>A reasonable time period is given to complete the transaction.</p><p><br /></p><p>The 2nd condition is debatable but the first isn&#039;t (and I&#039;m assuming their is no pressure to complete said transaction etc.). It has nothing to do with averages or the previous sale or the next sale unless that next sale happens between people whom meet the above requirement and the sale meets the time requirement.&nbsp; </p><p><br /></p><p>The biggest issue here is that FMV and value (or fair value) seem to have been used interchangeably when they are not interchangeable terms. The value of educational notes to a collector of said notes are going to be much higher than the value of said notes to someone who collects Royal Doulton figurines for example, value in it&#039;s self is what someone is willing to sell for and another is willing to pay, it is individual. FMV is the amount a knowledgeable seller and buyer are willing accept for said item.</p><p><br /></p><p>As for 2 coins being sold at vastly different prices and asking what they are worth. Worth is simply value. It is worth something different to different people much like a North Face winter jacket is worth more to me in Canada than to someone in California. </p><p><br /></p><p>People always want to quantify everything when in reality the human factor does not allow for an accurate method for doing so.[/QUOTE]</p><p><br /></p>

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