A Tale Of 2 Mercs On Ebay - Coin Community Forum

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Author	Replies: 6 / Views: 1,418
Lobby Pillar of the Community United States 548 Posts	Posted 10/24/2011 2:47 pm I've always considered ebay to be a ruthlessly efficient example of our economic. All the info is there and folks pay what they think the item is worth. But then I see items like these. Very Nice 1926-D Silver Mercury dime: http://www.ebay.com/itm/VERY-NICE-1...em35b60bfb43 It sold for $9.55 +$1.95 shipping Then I see this one 1926 D Mercury dime Very Nice: http://www.ebay.com/itm/1926-D-Merc...em1e67b57690 It sold for $7.28 + $1.95 shipping The second, IMO, is clearly a better coin than the first. (or, am I wrong?) Yet the ebay audience didn't recognize that. Thoughts? Report this Post to the Staff

bobby131313 Forum Dad United States 24175 Posts	Posted 10/24/2011 2:55 pm This one's easy, first one has silver in the title which means probably twenty times more eyeballs on it since silver is currently the most searched term in the US coins category. Shop CCF Members on eBay. Report this Post to the Staff
Lobby Pillar of the Community United States 548 Posts	Posted 10/24/2011 3:24 pm Report this Post to the Staff
rachums107 Pillar of the Community United States 3345 Posts	Posted 10/24/2011 7:27 pm Plus the second one is dirty and therefore doesn't have as much eye appeal. Report this Post to the Staff
mitchhailey Pillar of the Community United States 1150 Posts	Posted 10/25/2011 12:53 am Plus we never know WHY someone wanted a particular coin bad enough to overpay. I've done it for certain coins I had to have for various reasons. Report this Post to the Staff
Saruma Pillar of the Community United States 968 Posts	Posted 10/25/2011 01:35 am Something else to consider is that we can really only say for certain is that there were not at least two people that thought the $7 one was not worth as much as the $9 one. We don't know the maximum bid of the top bidder in that $7 auction. It is possible that he bid $10 or more, but since ebay's bidding system puts the top bid at one increment above the second highest bid, we simply know that the second highest bidder was only willing to pay $6.78. In the other auction we had a #2 bidder willing to spend $9.05 on it. We'll never know how much the top bidders in each auction would really have paid. Report this Post to the Staff
Lobby Pillar of the Community United States 548 Posts	Posted 10/25/2011 11:10 am Nice post, Saruma. Report this Post to the Staff
	Replies: 6 / Views: 1,418

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