Quote:Perhaps it is more of a downward pressure in dealer margins than just price. A small seller may be receiving the same amount on
ebay net of costs that they would otherwise receive if sold to a dealer.
Most of the time they're likely still getting more on
ebay which is why they use it, but as a venue
ebay encourages downward price movement on anything readily available. I'm not anti-ebay at all (aside from some of their changes for seller policies) but trying to use them as a conclusive market price simply isn't true. Their prices show what the market on
ebay is price wise, and as big of a market as
ebay is it's only a small part of the whole.
One of the things that some people don't seem to realize is that there are a lot of different markets with coins. Local stores, auctions, local auctions,
ebay, shows etc all will have market variances in prices and they're all legitimate markets.
Quote:
It may not be complete for the reasons you mention, but I agree with dollars' contention that imperfect data is better than no data.
It's actually far better to admit that we aren't privy to enough of the information (which we aren't) than it is to draw faulty conclusions off of bad/incomplete data. You wouldn't do a poll and say well we got two responses lets make broad conclusions because this data is better than no data.
Faulty data does nothing but lead to faulty conclusions.
Quote:
My problem is that I contend that the health of the hobby is determined by what is going on with the millions of low value transactions that we all agree are not being tracked.
Low value transactions are the majority of them and yes they really aren't being tracked by any pricing tool or graph, but it goes further than just those as the majority of transactions period aren't being picked up by any of the tools or reference sites.
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Posted 04/12/2019 6:35 pm
