Quote:
Originally Posted by GDJMSP  I will expand on Roy's answer a bit, it is not uncommon for prices in the Red Book or Krause to be off by as much 300% - 400% to the upside and 80% - 90% on the downside. For example, Krause may say a coin is worth $100 when it is actually worth $400. Or they may say it is worth $1000 when it is actually only worth $100. Now these numbers may seem extreme, but I have even seen worse.
So the simple answer as to why - the books are not accurate in regard to value. |
Then, what would you recomend the laymen use to gauge pricing Buying and Selling... I've never sold anything and don't plan to for anytime to come, but I'd like something other than my gut to help me decide if its a good buy or not.....
I'm sure I've way over paid on a few coins for any number of reasons, # 1 Being I did not know any better....
I respect your opion is why I ask...
