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<p>[QUOTE=&quot;masterswimmer, post: 4003061, member: 102022&quot;]Apples and oranges comparing auctions to tele-ripoffs. In an auction the gavel comes down on a price one person offered at or above the initial price. If it&#039;s above the initial price it is only because at least two people bid on it. Those two, or more, people are establishing the FMV at that time. </p><p><br /></p><p>Using the 2010 proof set as your argument is an analogy that is misleading. Why not use an MS67 1909 S VDB? Or a modern coin such as the 1995 W ASE PR?</p><p><br /></p><p>The point is, situations vary. Making a blanket statement that an auction sale does not establish FMV is just as unrealistic as your 2010 proof set scenario.[/QUOTE]</p><p><br /></p>

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