Quote:
Originally Posted by BeanTown
Investors use guides and collectors use their own reasoning of how bad they want it as a guide doesn't matter.
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I completely disagree. I am a collector, not an investor. I have been in this hobby for over 30 years. I have bought lots and rarely sold anything.
Just because I put a lot of money into this hobby does not mean I'm willing to overpay...not in the least. In fact, I feel that my long term commitment to this hobby and my patience as a collector entitle me to better-than-average prices on items I want. That is how I approach my buying. So I always want to know previous recent selling prices at auction to ensure I'm not overpaying. The fact is that most material (even tough pre-war stuff) becomes available at least once a year and often more frequently. If I can't get a price at or below average in one auction, I'll let it go and wait for the next one.
I know many collectors who share this approach.
Cheers,
Blair