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 Replies: 51 / Views: 6,248 |
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Bedrock of the Community
13014 Posts |
Quote:
It's like saying "I would love my wife more if she was dressed in clothes from this fashion designer rather than that one." That's not actually a terrible comparison considering that certain outfits will get someone more excited than others. My point was really more that it's a hassle to have to cross things like that, is it the primary concern not at all but still why even chance that you could get one less bid because of that |
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Moderator
 United States
190060 Posts |
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I'll never understand that kind of logic. It is a unique piece. It is the same coin no matter what plastic it is in. It's like saying "I would love my wife more if she was dressed in clothes from this fashion designer rather than that one." Your problem is looking for logic where cognitive bias is involved.  |
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Bedrock of the Community
United States
12477 Posts |
Quote:Your problem is looking for logic where cognitive bias is involved. Well said. I may write a requiem for logic.  In Memory of Crazyb0 12-26-1951 to 7-27-2020
In Memory of Tootallious 3-31-1964 to 4-15-2020
In Memory of T-BOP 10-12-1949 to 1-19-2024
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Bedrock of the Community
United States
17884 Posts |
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Your problem is looking for logic where cognitive bias is involved. True, I keep forgetting that people, in general, are not logical. |
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Pillar of the Community
United States
8715 Posts |
Who cares if the coin is in a different plastic holder? It's not the plastic that's rare and valuable, it's the coin.
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Valued Member
United States
438 Posts |
For a coin like this who cares what plastic its in. Its a certified coin, you got a grade, and what the coin is. Move on with the PCGS vs NGC nonsense. Nobody is going to refuse this coin because of the holder.
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Bedrock of the Community
13014 Posts |
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For a coin like this who cares what plastic its in. Its a certified coin, you got a grade, and what the coin is. Move on with the PCGS vs NGC nonsense. Nobody is going to refuse this coin because of the holder. I never said refuse, just that it price can be negatively impacted which does happen. |
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Bedrock of the Community
United States
10048 Posts |
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Your problem is looking for logic where cognitive bias is involved. True, I keep forgetting that people, in general, are not logical. People preferring cognitive bias to logic rarely see they harm their own cause by digging a hole deeper and deeper. Lending a shovel makes the hole all the more obvious to newbies on the sidelines. And sometimes - if and when the hole gets big enough - the digger can see it also. Win win. How much squash could a Sasquatch squash if a Sasquatch would squash squash? Download and read: Grading the graders Costly TPG ineptitude and No FG Kennedy halveshttps://ln5.sync.com/dl/7ca91bdd0/w...i3b-rbj9fir2 |
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Pillar of the Community
Canada
683 Posts |
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. I never said refuse, just that it price can be negatively impacted which does happen. Gonna agree here. Do I think its completely idiotic that someone would let this coin pass because of the plastic its in? Absolutely, most others would likely agree to some extent. Does thinking thats idiotic mean it won't happen? Not at all. Who ever did buy it probably bought it for the coin itself and felt amazing at the discount he got. Now if He/She sent it to PCGS to reholder it they would probably make a serious profit at auction. |
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Bedrock of the Community
13014 Posts |
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Gonna agree here.
Do I think its completely idiotic that someone would let this coin pass because of the plastic its in? Absolutely, most others would likely agree to some extent. Does thinking thats idiotic mean it won't happen? Not at all.
Who ever did buy it probably bought it for the coin itself and felt amazing at the discount he got. Now if He/She sent it to PCGS to reholder it they would probably make a serious profit at auction. One thing a lot of people miss is anytime you buy something for over a million dollars you look at it as an investment to some extent. Those people didn't get rich just randomly chucking money around ignoring markets and preferences ect. There are a lot of strategies and various approaches that can be taken. Looking at those coins the same as a 50 dollar coin where the holder doesn't really matter ect is a mistake. The air is thin up there and it doesn't mean they aren't collectors or don't love their coins, but they aren't dumb |
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Pillar of the Community
Canada
683 Posts |
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.One thing a lot of people miss is anytime you buy something for over a million dollars you look at it as an investment to some extent. Those people didn't get rich just randomly chucking money around ignoring markets and preferences ect.
There are a lot of strategies and various approaches that can be taken. Looking at those coins the same as a 50 dollar coin where the holder doesn't really matter ect is a mistake. The air is thin up there and it doesn't mean they aren't collectors or don't love their coins, but they aren't dumb Great point, I do tend to look at these as collection items rather than investments so maybe that's something to try differently. I do think however that there is still a good amount of meat for the buyer here, and am still confused on why others didn't go higher. Profit margin maybe  . |
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Bedrock of the Community
13014 Posts |
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I do think however that there is still a good amount of meat for the buyer here, and am still confused on why others didn't go higher. Profit margin maybe I think there probably is some meat left for the winner in a private sale, I haven't seen who won it though if it was announced. I did see who won the nickel and that 54-S was resold basically same day so I do have some theories on the approaches some are taking with these auctions. All that said I see where guys that play at that level post on forums and just try and listen and learn. I probably won't ever know the behind the scenes, but I do know if I ever had a collection like that to sell it would be PCGS for grading without question |
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Pillar of the Community
United States
4233 Posts |
I wish unsubscribing was easier on this forum.
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Bedrock of the Community
13014 Posts |
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I wish unsubscribing was easier on this forum. Don't click it. Always sad when people get upset over nothing |
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Bedrock of the Community
United States
12477 Posts |
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I wish unsubscribing was easier on this forum. I generally do not "subscribe" to topics (its an option), but if I do, it is very easy to reverse that. Otherwise, you are just clicking on active topics or those in which you have posted. If you don't care about what may have been posted since you last read it, simply ignore it. In Memory of Crazyb0 12-26-1951 to 7-27-2020
In Memory of Tootallious 3-31-1964 to 4-15-2020
In Memory of T-BOP 10-12-1949 to 1-19-2024
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Replies: 51 / Views: 6,248 |
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Posted 08/18/2018 12:43 am
