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<p>[QUOTE=&quot;jallengomez, post: 1887828, member: 19748&quot;]This is a very good point.&nbsp; A seller also has to take into account the number of potentially interested buyers for the particular item he is selling.&nbsp; I&#039;ll give an example from when I was selling at Teletrade before they were bought out.&nbsp; I had a PCGS MS65 1969D Lincoln Cent FS-901 &quot;No FG&quot; variety.&nbsp; I knew the interested audience would be very low, but I knew it was a valuable coin to the few who would be interested.&nbsp; I started the bidding off at $800.&nbsp; My assumption was correct and there was an interested buyer who bought it for $800.&nbsp; Had I started the bidding lower, I would have had to rely on having multiple buyers interested in it, and would have been taking a chance on letting the coin go for much less than it was worth.[/QUOTE]</p><p><br /></p>

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