Quote:
Originally Posted by BAMBAM
Huge difference in reality and perception. You can think what you wish to sell is worth $500. but if nobody is paying more than $200. then guess what ?
Using common sense and your numbers here is reality. The fact that ONE person is willing to pay $500 for something that the rest of the buying public will only pay $200 does not make the item worth $500. if everyone else is getting theirs at $200. It just makes the guy paying $500. look stupid for paying $500. for something he can buy at $200.
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What if the "rest of the buying public" is not involved?
So what if only two people bid on that card? Me at $500 and the other guy at $200. The auction started at 99cents. Is the card worth $200 because 2 people were willing to pay that much? Does it only take two people to determine the card's worth since you're saying 1 is not enough? Had I not seen the auction, and it sold for 99cents, would that same card only be worth 99cents?
