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<p>[QUOTE="GDJMSP, post: 146903, member: 112"]We're not talking about a coin that a buyer recognizes as some rare variety or error, because if it was then it <u>would</u> be worth more and the buyer would be making an astute purchase based on his knowledge. We are talking about a coin that can be readily purchased for $100.</p><p><br /></p><p>You're certainly entitled to your opinion, but regardless of what you pay for a coin, it's only worth what you can readily sell it for to a knowledgeable buyer.</p><p><br /></p><p>Now I ask you - what earlthly reason could a knowledgeable buyer have for paying 50% more than a coin is worth ? Even in the case of a buyer who needs just this one coin to complete his set - if he can go to any shop and buy it for $100 - why would he pay $150 ? </p><p><br /></p><p>But if the buyer is not knowledgeable - what then ? What about all the coins sold on the TV shows, they're no different than ebay - are they <u>worth</u> what the buyers paid for them ? And realize, by worth I mean what you or I, or any other knowledgeable buyer would pay for the same coins.</p><p><br /></p><p>So, if you find that ludicrous - OK.[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 146903, member: 112"]We're not talking about a coin that a buyer recognizes as some rare variety or error, because if it was then it [U]would[/U] be worth more and the buyer would be making an astute purchase based on his knowledge. We are talking about a coin that can be readily purchased for $100. You're certainly entitled to your opinion, but regardless of what you pay for a coin, it's only worth what you can readily sell it for to a knowledgeable buyer. Now I ask you - what earlthly reason could a knowledgeable buyer have for paying 50% more than a coin is worth ? Even in the case of a buyer who needs just this one coin to complete his set - if he can go to any shop and buy it for $100 - why would he pay $150 ? But if the buyer is not knowledgeable - what then ? What about all the coins sold on the TV shows, they're no different than ebay - are they [U]worth[/U] what the buyers paid for them ? And realize, by worth I mean what you or I, or any other knowledgeable buyer would pay for the same coins. So, if you find that ludicrous - OK.[/QUOTE]
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