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Replies: 22 / Views: 2,652 |
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Valued Member
Ireland
498 Posts |
Other
A little bit of everything.
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Valued Member
United States
393 Posts |
I like the RedBook because it's spiral bound, small, lays flat, and just seems easy to grab.
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Pillar of the Community
United States
834 Posts |
I put other, I get all my prices for coins out of the Numismatic News monthly price guide. And I will not pay more for a coin unless it meets my grading standards I just don't care what other people are willing to pay for a coin and I know what I think a coin is worth and I will pay no more, at least that is the way it seems to me. Bruce.
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Pillar of the Community
United States
4870 Posts |
I would think monthly magazines would be more accurate with the ever changing prices whereas RedBook comes out once a year and the prices aren't updated like a magazine.
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Pillar of the Community
United States
1327 Posts |
I picked magazines. since I have seen alot of dealer using Coin Values to price there coins they are selling, were I see almost all use the Grey sheet when buying. I got my first gray sheet last week. I really enjoyed reading it but I also no that most dealer will not sell coin to me at this price. The dealer I go to in town sells most of his stuff to me at the ask price in the grey sheet. but I know he is a very rare dealer most of them I have bought from at show I have found they are very close to the same price as coin values if not a little higher. just what I have found. so I will not ussally pay more then coin value for any US coin. But I do no that I probaby overpay on my silver foriegn bullion dollars. since most of these are much higher then melt but even thought I feel I am over paying for these now I feel that with most of there mintage number it will pay off down the road.
I don't use any foriegn price guides so I can not give an opion on those. I guess if all of the coiins I was buying were MS or higher then I might have a different veiw on this but since I buy mostly lower priced coins then most of the guides are prity close to the price I cna get them for.
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Bedrock of the Community
United States
17884 Posts |
Other.
Do I like it, can I afford it, do I think it seems reasonable. If I answer yes to all three I buy it.
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Valued Member
United States
70 Posts |
I'm like everybody else. I use a mix of book value, ebay and coin magazine values. I set my buy price before I start searching on ebay and then stick to it so I don't get carried away with auction fever. Once I've been outbid I just sit back and watch to see how high it goes. Sometimes I'm really surprised how high bidders will run up the final cost. I've had better luck buying from small local dealers than ebay.
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Pillar of the Community
Australia
1360 Posts |
The Pocket Guide to Australian Coins and Banknotes - Fourteenth Edition - by Greg McDonald
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Valued Member
United States
376 Posts |
I use all of the above and especially my own opinion and the amount I am willing to pay.
Madspec
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New Member
United States
48 Posts |
I use Coin Value magazine myself, sometimes the PCGS online price guide.
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Rest in Peace
Australia
661 Posts |
As I know nothing about American coin values and pricing, I just find it odd that no one has made mention of Krause's Calalogue of World Coins. I know that in relation to Australian coin values, their prices are almost completely out of whack. All values quoted are generally too low, sometimes as much as 70-80%. Does anyone have any comments on countrys' other than Oz or USA. As for a reference, I use th same book as snooba. regards,
Edited by muckeye 03/26/2007 06:50 am
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Pillar of the Community
United States
1582 Posts |
Each year I buy the RedBook and the Bluebook, and use them as "high-end vs low-end" value guides. I'm aware they are outdated before they even hit the streets, but I kind of like them. After honing my grading skills, I'm able to determine the approximate grade (for the most part) and determine the max amount I'm willing to pay for a particular coin - usually somewhere between the RedBook price and the Bluebook price. That system's worked out pretty well so far. Ralph
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New Member
United States
37 Posts |
I checked PCGS only because it is the easiest and fastest to reference. I use their price times 65-70% for bidding purposes on PCGS coins. On NGC coins I use numismedia values. I also use teletrade for a reference as well as heritage on occasion. I think legend auctions are very user friendly also. They post the grey sheet bid/ask price as well as Coin Universe and what they expect the auction to bring. They are fairly new so the past auction prices are not complete thus not reliable yet.
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Valued Member
United States
159 Posts |
I voted for magazine in the poll, but in reality I like to check out auction prices from teletrade, e-Bay, and the grey sheet in addition to get an overall feel for what the true value is. As you know there can be wide variations in values from different sources. I love the RedBook for informational purposes, (mintages, variations, etc.) but the annual publication cannot keep up with current trends, especially with coins that are valued at or near bullion value.
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Valued Member
United States
246 Posts |
ebay b/c a coin is worth only what another person is willing to pay for it!
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