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<p>[QUOTE="Juan Blanco, post: 1602463, member: 41665"]I disagree. You or I (or some elite group) do not, actually, set anything. </p><p><br /></p><p>Market-price exists, though unknown and constantly changing: it's the weighted average of aggregate sales for a given item on any given day/week/month/ etc. </p><p><br /></p><p>Averaging 'eBay Net 13%' is a fine (though imperfect) metric, and close to retail trade: not exactly the same, but why quibble? Close enough, and not an outlier. Retail premiums have fallen into line, for the most part and old skool coin shop hucksters have withered & died as a result of instant information access in the internet age.</p><p><br /></p><p>The real danger, however, is in seeing a high- or low-price aberration and imagining <i>oh <i>that's </i>the market</i>. No, the one exceptional coin that sets a high price isn't the market; I think HA can be an especially poor metric in this regard.</p><p><br /></p><p>The OP said he collects junk silver; that 'market price' is effectively established by the biggest bullion coin buyers' BIDs in aggregate, I should think. (Yes, they are educated too!) Is there a list of those firms by size/sales, available? Thanks.[/QUOTE]</p><p><br /></p>
[QUOTE="Juan Blanco, post: 1602463, member: 41665"]I disagree. You or I (or some elite group) do not, actually, set anything. Market-price exists, though unknown and constantly changing: it's the weighted average of aggregate sales for a given item on any given day/week/month/ etc. Averaging 'eBay Net 13%' is a fine (though imperfect) metric, and close to retail trade: not exactly the same, but why quibble? Close enough, and not an outlier. Retail premiums have fallen into line, for the most part and old skool coin shop hucksters have withered & died as a result of instant information access in the internet age. The real danger, however, is in seeing a high- or low-price aberration and imagining [I]oh [I]that's [/I]the market[/I]. No, the one exceptional coin that sets a high price isn't the market; I think HA can be an especially poor metric in this regard. The OP said he collects junk silver; that 'market price' is effectively established by the biggest bullion coin buyers' BIDs in aggregate, I should think. (Yes, they are educated too!) Is there a list of those firms by size/sales, available? Thanks.[/QUOTE]
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where do you guys go to see up to date prices on coins
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