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<p>[QUOTE=&quot;NorthKorea, post: 1982397, member: 29643&quot;]Tim, serious question here, how long have you been collecting world coins? I don&#039;t mean your (somewhat) recent foray into British coins, but ex-US coins, in general? For that matter, how much experience do you have in buying thin-market collectibles?</p><p><br /></p><p>It&#039;s a fairly common case that the world coins &quot;book value&quot; listed in Krause/Numismaster is completely wrong. Part of this has to do with the market size for foreign coins. A separate issue is the existence of publication deadlines. The 2015 Krause catalog may have been shipped to the printers sometime in Feb 2014. The data collected by Krause may have been collated in Nov 2013. The data may have been submitted from surveys issued in 2012.</p><p><br /></p><p>The information in a catalog is likely to be outdated by the time it&#039;s printed. This has always been the case, and always will. In the case of thinly traded securities (coins/collectibles/etc), catalog prices are about as relevant as auction house estimates. They may be multiples under/over the actual market value.</p><p><br /></p><p>Now, to the specific example that you cited. Krause BU and NGC MS63 are <b>the same thing. </b>NGC states on its website that the information for world coins is taken from Numismaster. Numismaster clearly states on their website &quot;Powered by Krause.&quot;</p><p><br /></p><p>Brilliant Uncirculated is typically used interchangeably with MS63, similar to how Gem Uncirculated would be synonymous with MS65.</p><p><br /></p><p>So, you basically said that Krause&#039;s BU price for the coin is $25, and Krause&#039;s BU price for the coin is $25. You cited the same source for pricing reference and presented it as two separate sources. NGC MS63 <i>is</i> Krause BU.</p><p><br /></p><p>Is is possible for you to post a link to the listing of the $35 AU 1937 Half Crown? The only 1937 Half Crown that I was able to find was a PF64 that sold for $52 in 2012 and is listed currently for $50.</p><p><br /></p><p>Also, for the record, Ian is great and responsive. As a seller, however, if you agree to let Great Collections pick the starting price, you really need to pay for their marketing fees to get your coin highlighted. Sellers probably feel it&#039;s easier/cheaper to just list the coins at a price they&#039;re willing to take.</p><p><br /></p><p>And, if you were selling a coin that you would take $50 for, why wouldn&#039;t you list it as a $50 auction, instead of a $50 BIN? Two buyers might think it&#039;s worth more than $50. It makes no sense to &quot;leave money on the table,&quot; as some might say.[/QUOTE]</p><p><br /></p>

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