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This hobby can't compare to the sports card's price guides (I know, I've been a collector of sports cards, or was a collector for 10 years)
This hobby has
The Redbook, which gives retail values, and is usually outdated pretty quick
PCGS Price Guide, which gives retail prices for PCGS graded coins, but many people use that as their main price guide, which is not right, I don't believe having a coin in a certain piece of a plastic makes it worth more, but everyone is entitled to their own opinion.
Numismedia, is a better price guide than PCGS, in my opinion, and it is what I use to value my coins, with a good combo with completed listings and going prices of course
Another thing we use for values, is the current going prices, using ebay's and heritage's completed listings, gives us an idea, of the value, and also the price they sell for, and we can compare the prices realized to the redbook/pcgs/numismedia price guides
Now in coin collecting there is retail value, and wholesale value
Greysheet, Blue Book, and Numismedia and Coin World, all have wholesale prices, and it is generally what a dealer would pay for the coin.. This is what you should try to pay, wholesale, anything less than retail is okay, but close or under wholesale, is GREAT!
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