Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
Breaking Open Mint & Proof Sets
>
Reply to Thread
Message:
<p>[QUOTE="cladking, post: 2346746, member: 68"]I just checked eBay for '82-P quarters. There were more than usual and I saw four decent coins but they were going for $30 or more which is far above what the price guides suggest. None of these was very gemmy but they were choice. There was lots of junk and much of it was vastly overpriced and included many AU coins. There was one '82-D for sale at over $600 but it was junk as well in an MS-67 slab. If this piece of junk is MS-67 then I've got an entire roll of MS-72's. It's a common chBU not a superb Gem. </p><p> </p><p>I did see one interesting thing. A whole roll of decent looking BU's with a current bid under $30. None of these coins is even what I'd call chBU but they're really Uncs and they aren't ugly.</p><p> </p><p>Collectors look in the Krause price guides or Redbook and see the coin lists for only $3 in chBU so they think they can get a nice choice coin for $3. They can't. This is one of the big things in moderns; the price guides are just pathetic. The services overgrade many coins and then the price guides drive people away from buying anything. Then they'll list an old coin for that same $3 price that you can get by the bag for 25c each. </p><p> </p><p>Apparently the real price of chBU '82-P is around $30. Imagine what it would be if everyone who wanted one at the $3 price listed by Krause actually went out and tried to buy one. There would be hundreds of buyers for every specimen on the market. Krause, Redbook, etc are doing the market a horrible disservice by listing unrealistic prices. Even the PCGS priceguide does the same thing. Coins below MS-65 are listed for a song.</p><p> </p><p>As bad as Krause is for US coins they seem to be far worse for world moderns.[/QUOTE]</p><p><br /></p>
[QUOTE="cladking, post: 2346746, member: 68"]I just checked eBay for '82-P quarters. There were more than usual and I saw four decent coins but they were going for $30 or more which is far above what the price guides suggest. None of these was very gemmy but they were choice. There was lots of junk and much of it was vastly overpriced and included many AU coins. There was one '82-D for sale at over $600 but it was junk as well in an MS-67 slab. If this piece of junk is MS-67 then I've got an entire roll of MS-72's. It's a common chBU not a superb Gem. I did see one interesting thing. A whole roll of decent looking BU's with a current bid under $30. None of these coins is even what I'd call chBU but they're really Uncs and they aren't ugly. Collectors look in the Krause price guides or Redbook and see the coin lists for only $3 in chBU so they think they can get a nice choice coin for $3. They can't. This is one of the big things in moderns; the price guides are just pathetic. The services overgrade many coins and then the price guides drive people away from buying anything. Then they'll list an old coin for that same $3 price that you can get by the bag for 25c each. Apparently the real price of chBU '82-P is around $30. Imagine what it would be if everyone who wanted one at the $3 price listed by Krause actually went out and tried to buy one. There would be hundreds of buyers for every specimen on the market. Krause, Redbook, etc are doing the market a horrible disservice by listing unrealistic prices. Even the PCGS priceguide does the same thing. Coins below MS-65 are listed for a song. As bad as Krause is for US coins they seem to be far worse for world moderns.[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
Breaking Open Mint & Proof Sets
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...