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<p>[QUOTE=&quot;Vess1, post: 800706, member: 13650&quot;]From year to year, I don&#039;t see prices change much more than $5 to $10 at the most unless it&#039;s gold.&nbsp; &nbsp; Most stuff you compare, the prices don&#039;t even change.&nbsp;&nbsp; That&#039;s why many people skip years buying them.&nbsp; </p><p><br /></p><p>&nbsp; I think a lot of people act like there&#039;s some $50 to $100 wild swings on common stuff from year to year, trying to keep up with the market and there just isn&#039;t.</p><p><br /></p><p>&nbsp; If you want exact, up to the minute, to the penny prices, it can&#039;t do that.&nbsp; I don&#039;t think anything can!&nbsp; If you want a convenient, handheld guide of prices that are accurate to within +/- 10% almost every time, it does do that.&nbsp; &nbsp; But you just have to realize that.&nbsp; I don&#039;t consider that bad.&nbsp; </p><p><br /></p><p>&nbsp;&nbsp;&nbsp; Let&#039;s look at a random example.&nbsp;&nbsp; I found a NGC 1849-O XF40&nbsp; one dollar gold piece that I really liked.&nbsp; A neat, late die state coin with some interesting die cracks.&nbsp;&nbsp; Mintage- 215,000&nbsp;&nbsp; Total NGC/PCGS pop. &lt;1000</p><p><br /></p><p>&nbsp;&nbsp;&nbsp; Ok.&nbsp; Lets look up the price and compare with what the seller wants.</p><p><br /></p><p>&nbsp; 2009 Redbook - $300</p><p>&nbsp; 2010 Redbook-&nbsp; $285</p><p>&nbsp; NGC price guide-$275</p><p>&nbsp; Current grey sheet- ??&nbsp; Don&#039;t know.&nbsp; The prices are generic for these so would not be helpful to me anyway.</p><p>&nbsp; Seller&#039;s asking price for the coin- $290 with free shipping.&nbsp; (figure shipping will be $5-$10 insured)</p><p><br /></p><p>&nbsp; So asking price is $15 above NGC and $5 above current Redbook.&nbsp;&nbsp; Now, I know many would say they have to buy 20% below Redbook before they will buy or feel like they got a &#039;deal&#039;.&nbsp; &nbsp; But in reality, if they want this coin, then they can&#039;t buy it.&nbsp; Because the seller isn&#039;t going to drop the price 20% for them and then take a 12% cut in fees on top of it.&nbsp;&nbsp; <u>So they simply can&#039;t buy the coin.&nbsp; </u> </p><p><br /></p><p>&nbsp; In that case, neither pricing opinion is right.&nbsp; The transaction simply does not happen.</p><p>&nbsp;</p><p>&nbsp;Even though I felt the price could have been better, but realizing this seller is going to lose 12% ($35) in fees on top of it and shipping was included, I decided this was a fair enough price for me and purchased it.&nbsp; Because it was somewhat unique and I doubted I would find one like it at a show. </p><p><br /></p><p>&nbsp;&nbsp; I didn&#039;t buy it for a quick flip to brag about.&nbsp; I never do.&nbsp; It was for my collection and to me, I felt it was worth it.&nbsp; I don&#039;t care what somebody on a soap box thinks I &#039;should&#039; have paid for it.&nbsp;&nbsp; I don&#039;t feel the need to low ball a seller every time to feel good about buying something.&nbsp; Sometimes it&#039;s just fair and you take it or leave it.</p><p><br /></p><p>&nbsp; So, given this information, I paid less than 2% or $5 over current redbook price with free shipping.&nbsp; &nbsp; Even though I did not consult it alone, was the redbook a good, bad or &#039;adequate enough&#039; guide for this transaction?&nbsp;&nbsp; </p><p><br /></p><p>&nbsp; I know the proper thing to do is for everyone to jump on the bandwagon and act like it&#039;s such a horrible guide but I&#039;ve never thought it was that out of line for 90% of what&#039;s in it.&nbsp; &nbsp; Maybe I&#039;m the only one that sees this but IMO, people blow it WAY out of proportion.&nbsp;&nbsp; </p><p><br /></p><p>&nbsp; I&#039;ve given many examples how close it actually can be.&nbsp; I&#039;ve never had anyone show real examples of how far off it is.&nbsp;&nbsp; I would be interested to see them.&nbsp; I don&#039;t disagree that they may be there.&nbsp;&nbsp; But I haven&#039;t run across these huge discrepancies in my day to day dealings.&nbsp;&nbsp; Therefore, I don&#039;t tend to attack it as others do.&nbsp; &nbsp; &nbsp; </p><p><br /></p><p>Just my 0.02 cents on the matter. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie9" alt=":eek:" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>

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