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#8
04-14-2016, 02:42 AM
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Potential answer to question
I think I have a potential answer to this question.
I frequent a local coin shop. I was informed by the owner that they get people coming in who like to buy coins off ebay. They will buy stuff that is sometimes not real or items that are greatly misrepresented to be more valuable than the reality of the market. When asked why, the owners responded that a lot of these individuals are older or are on medications, lonely, mentally unstable, etc. They gave me one example of a lady who purchased $300k of items from qvc and ebay that had a market value of only $60k. Another lady who was buying supposedly rare 1 oz silver rounds at 5x inflated values. The owners had a lot of sympathy for these people. Made me realize though the reason that people list this kind of stuff. It only takes one buyer. 
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