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Mint Set Prices In Krause

 
 
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Pillar of the Community
United States
630 Posts
 Posted 12/04/2018  11:28 am Show Profile   Bookmark this topic Add AlbumAccumulator to your friends list Get a Link to this Message
Hi All,
I occasionally like to dabble in world coins and was looking in the Standard Catalog of World Coins 1901-2000 17th edition at the values of Australian uncirculated sets and was surprised by the seemingly over inflated values. I know a price guide is just a guide ect, but I found it strange being so far off sales prices. Am I missing something here?
Pillar of the Community
United States
607 Posts
 Posted 12/04/2018  4:42 pm  Show Profile   Bookmark this reply Add chipjones to your friends list Get a Link to this Reply
What I have found is most price guides are retail plus. You would be better off checking eBay sold prices. That will be closer to what the market will bear.
Pillar of the Community
Australia
1216 Posts
 Posted 12/06/2018  05:40 am  Show Profile   Bookmark this reply Add Mr T to your friends list Get a Link to this Reply
How often do the prices in Krause get updated?
Pillar of the Community
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United States
3133 Posts
 Posted 12/06/2018  07:53 am  Show Profile   Bookmark this reply Add scopru to your friends list Get a Link to this Reply

Quote:
What I have found is most price guides are retail plus. You would be better off checking eBay sold prices



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Pillar of the Community
Canada
2133 Posts
 Posted 12/06/2018  09:14 am  Show Profile   Bookmark this reply Add oriole to your friends list Get a Link to this Reply
Sometimes the prices are underinflated. I recall that the coin dealer Frank Robinson complained that some prices were well under wholesale. And let us not talk about the low prices for unobtainable coins.

The simple answer is that Krause is not a pricing authority.
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