jallengomez

I recently purchased a lot on Ebay(yes I know!) in which the seller guaranteed more than the value of the final bid of coins from this estate collection. It was under $10 so I did not stand to lose much. Based upon her estimation, the coins would have been over double the final bid. She had a 1955 D BU cent in cardboard holder with MS 65 and $12 written on it. I explained to her that were this coin slabbed from a recognized grading service it would indeed fetch about $12 or so, but that 2010 Red Book value for a loose coin like this was .60¢. She writes me back and tells me Red Book, being an annual guide, is out of date before it's published and that she uses Coin Magazine because its values are up to date. So I suppose that since the 2010 Red Book was published that the value of a common Lincoln Cent has risen 2000%? Wow that book really is out of date! Does Coin Mag inflate prices, or does it base MS prices on realized values of SLABBED coins? I've never read the magazine.