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<p>[QUOTE="dougsmit, post: 2847975, member: 19463"]We can agree there is a lot of mispricing going on but we will not on who is making the error. As I recall one of our storm affected members has a nice one of these. They are not rare coins. Just because we see a coin offered at a price does not mean it normally sells for that price. There is a current fad of offering coins at very high prices and hoping some one will bite. Beginners and old timers alike need to decide whether they want a specific coin at a specific time and are willing to pay whatever the asking price is or whether they want to wait and see if something they want turns up at a price they want to pay. I have paid ridiculous sums for a few coins because I wanted it and wanted it NOW. I will go to a show later this month and see what I would not mind having at the price then quoted. The first technique gives you control over what is in your collection. The second gives coins you did not plan on buying but that seemed good at that moment in time. You can often control two but only two: <b>What, When and How Much</b>. Finding all three 'your way' together is more often a matter of luck. </p><p><br /></p><p>I paid as much 20 years ago for some types of coins as I do today. I was more impatient then. Depending on what I see, I may be impatient later this month.[/QUOTE]</p><p><br /></p>
[QUOTE="dougsmit, post: 2847975, member: 19463"]We can agree there is a lot of mispricing going on but we will not on who is making the error. As I recall one of our storm affected members has a nice one of these. They are not rare coins. Just because we see a coin offered at a price does not mean it normally sells for that price. There is a current fad of offering coins at very high prices and hoping some one will bite. Beginners and old timers alike need to decide whether they want a specific coin at a specific time and are willing to pay whatever the asking price is or whether they want to wait and see if something they want turns up at a price they want to pay. I have paid ridiculous sums for a few coins because I wanted it and wanted it NOW. I will go to a show later this month and see what I would not mind having at the price then quoted. The first technique gives you control over what is in your collection. The second gives coins you did not plan on buying but that seemed good at that moment in time. You can often control two but only two: [B]What, When and How Much[/B]. Finding all three 'your way' together is more often a matter of luck. I paid as much 20 years ago for some types of coins as I do today. I was more impatient then. Depending on what I see, I may be impatient later this month.[/QUOTE]
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