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<p>[QUOTE=&quot;GDJMSP, post: 4596153, member: 112&quot;]Hmmm - so your contention is that nobody can know anything about the coin market, or price history, unless they personally buy and sell coins on a regular basis. I hate to tell ya this but that&#039;s completely beyond ridiculous ! One does not need to personally buy and sell coins to know what&#039;s going on in the coin market, one only needs to do the research. And if one does enough research, they know far more about the coin market and prices than many dealers do.</p><p><br /></p><p>I would also mention this, based on your contention a great many professional graders would know nothing about coin pricing or the coin market. That&#039;s because many of them are <b>not allowed to buy and sell coins</b> - it&#039;s a condition of their employment ! And yet you also claim that professional graders grade coins based on their price. So, by&nbsp; your thinking, if they don&#039;t buy and sell - how exactly do they do that ? </p><p><br /></p><p>It&#039;s actually pretty easy, all ya need to do is do the research - you do not need to buy and sell.</p><p><br /></p><p><br /></p><p><br /></p><p>Ebay might be the biggest individual market, but I&#039;m not sure that if you add all the dealers and auction houses together that they wouldn&#039;t be bigger. </p><p><br /></p><p>As for ebay pricing, it&#039;s a very bad idea to pay any attention to it. Why ? Because the vast majority of those buying coins there haven&#039;t got a clue about what they are doing, and thus they grossly over-pay. </p><p><br /></p><p>And if you don&#039;t wanna believe that, then do a survey of coin dealers and find out what percentage of the coins they buy, they buy on ebay. You&#039;ll find out that the percentage is so low that it almost defies counting. And you can do the same thing with knowledgeable collectors - and get the same result.[/QUOTE]</p><p><br /></p>

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