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<p>[QUOTE="GDJMSP, post: 146332, member: 112"]No, you are not alone in feeling that way. But a large part of the reason for that is because many collectors have little or no idea of what their coins are actually worth. The value of any item, coins or anything else is not determined by what you paid for it. It is determined by what you can sell it for. And no, I do not mean by what you can sell it for on ebay.</p><p><br /></p><p>The recognized market value of a given coin is determined by what a knowledgeable buyer will pay a knowledgeable seller. And quite frankly, ebay is populated to a very large degree by a bunch of buyers who are fools and know nothing. They overpay for items each and every day that they could go to a reputable dealer's shop and purchase for half the price.</p><p><br /></p><p>Now, if my comments offend you or anyone else - I'm sorry for that. But what I have said is quite true - it is reality. It is the way the coin market works. Everyone who has ever been involved in the coin market for an extened period of time knows this. They know that if you buy a coin 1 day for $100 and then try to sell it the next day that the absolute most you can expect to be paid for it is $80, and that's if you are very, very lucky. In all probability you will only receive about $60 - $70. Again - that's how the coin market works. And anyone who expects any different is fooling themselves.[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 146332, member: 112"]No, you are not alone in feeling that way. But a large part of the reason for that is because many collectors have little or no idea of what their coins are actually worth. The value of any item, coins or anything else is not determined by what you paid for it. It is determined by what you can sell it for. And no, I do not mean by what you can sell it for on ebay. The recognized market value of a given coin is determined by what a knowledgeable buyer will pay a knowledgeable seller. And quite frankly, ebay is populated to a very large degree by a bunch of buyers who are fools and know nothing. They overpay for items each and every day that they could go to a reputable dealer's shop and purchase for half the price. Now, if my comments offend you or anyone else - I'm sorry for that. But what I have said is quite true - it is reality. It is the way the coin market works. Everyone who has ever been involved in the coin market for an extened period of time knows this. They know that if you buy a coin 1 day for $100 and then try to sell it the next day that the absolute most you can expect to be paid for it is $80, and that's if you are very, very lucky. In all probability you will only receive about $60 - $70. Again - that's how the coin market works. And anyone who expects any different is fooling themselves.[/QUOTE]
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