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<p>[QUOTE="cladking, post: 2476635, member: 68"]So you're suggesting that absurdly low prices for US and world moderns are real but real coins are underpriced! You're suggesting that Krause just makes up prices for real world coins but less expensive ones are right whether the prices are artificially low or artificially high!</p><p> </p><p>Price guides are a joke. They just make up a set of "valuations" and sell the same guide year after year after year. They'll sometimes apply some fudge factor such as to adjust the prices for silver price changes or a hot series but otherwise nothing changes because the original set of numbers is as good as anything they could dream up to replace them. They don't want to alarm collectors that prices are going up or down when they publisher has no clue anyway. </p><p> </p><p>Price guides used to mean something but in the digital age they mean nothing at all. You need to look at completed sales to see what coins are really worth since the guides can't be bothered to report prices.[/QUOTE]</p><p><br /></p>
[QUOTE="cladking, post: 2476635, member: 68"]So you're suggesting that absurdly low prices for US and world moderns are real but real coins are underpriced! You're suggesting that Krause just makes up prices for real world coins but less expensive ones are right whether the prices are artificially low or artificially high! Price guides are a joke. They just make up a set of "valuations" and sell the same guide year after year after year. They'll sometimes apply some fudge factor such as to adjust the prices for silver price changes or a hot series but otherwise nothing changes because the original set of numbers is as good as anything they could dream up to replace them. They don't want to alarm collectors that prices are going up or down when they publisher has no clue anyway. Price guides used to mean something but in the digital age they mean nothing at all. You need to look at completed sales to see what coins are really worth since the guides can't be bothered to report prices.[/QUOTE]
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