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<p>[QUOTE=&quot;BooksB4Coins, post: 3187023, member: 36230&quot;]Indeed, and perhaps we do harp on the pricing/values issues a tad too much, at least without clarifying.</p><p><br /></p><p>I again tried to find the aforementioned link in which Whitman explains their values, but had no luck. Still, let me try to give an example that may bring home the point better than simply stating it...</p><p><br /></p><p>Let&#039;s say Joe Schmo has a coin shop and has for many decades learned all of the intricacies of his market, particularly with more common or commonly traded material. Let&#039;s say Mr. Schmo decides to place all of his experience into book form by publishing a price guide, not so much to be used only in his shop but anywhere/everywhere. However, instead of using the data from actual sales he places a value upon coins based upon what he <i>thinks</i> they should be worth in a retail setting. How many collectors would take Joe&#039;s values seriously and without a healthy dose of skepticism?</p><p><br /></p><p>Perhaps some will disagree, but my guess is that most would be highly skeptical of a dealer pricing the very items he sells and rightly so. This considered, and while there are obvious differences between Joe and the red book, they share the same method.[/QUOTE]</p><p><br /></p>

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