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<p>[QUOTE=&quot;GDJMSP, post: 1825887, member: 112&quot;]Each one is somewhat different, but if you look every price guide will tell you what they base their listed prices on. Many of them have a list of dealers that they contact and they ask those specific dealers what they are asking for each specific coin in each specific grade. And typically the prices they put in their guides are the highest prices given to them from among those dealers.</p><p><br /></p><p>For example, Numismedia says -</p><p><br /></p><p><i>The pricing information we report comes from all over the numismatic market including many reliable dealers known for their unbiased market knowledge and information.</i></p><p><br /></p><p>It&#039;s right on their front page -&nbsp; <a href="http://www.numismedia.com/" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.numismedia.com/" rel="nofollow">http://www.numismedia.com/</a></p><p><br /></p><p>I&#039;ve said this many times before, price guides are published for one reason, to get you the customer to buy them. It doesn&#039;t matter if the guide comes in a magazine or if it is a stand alone product, the people publishing that price guide are in business. And just like any business they have one and only one purpose - to make money. And they know that their customers want to see high prices listed so they (the customers) feel better about themselves and how much money they are spending on coins.</p><p><br /></p><p>They also know that if they published realistic prices, lower prices in other words, that people are not going to buy their price guides because when people see those lower prices they are going to say - these guys don&#039;t know what they are talking about ! I just paid twice that for that coin ! I&#039;m not buying this stupid price guide anymore !</p><p><br /></p><p>If businesses want to sell their product they have to give their customers what they want. And the people buying the price guides want to feel like what they are doing is correct, that their coins are really worth that much. They want someone else to tell them that their coins are really worth that much.</p><p><br /></p><p>If you look on Heritage for example you will see something like this -</p><p><br /></p><p><br /></p><p>Grade&nbsp; - -&nbsp;&nbsp; 1 Coin World(Coin Values)&nbsp; &nbsp; 2 NumismediaRetail&nbsp; &nbsp; 3 NumismediaWholesale </p><p>&nbsp;&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; 4 NumismediaNGC (nmn)&nbsp; &nbsp; 5 NumismediaPCGS (nmp)&nbsp; &nbsp; 6 PCGSPrice Guide&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; 7 PCGS+</p><p><br /></p><p><br /></p><p><br /></p><p>64&nbsp; &nbsp; ---&nbsp; &nbsp; $79&nbsp; &nbsp; $66&nbsp; &nbsp; $60&nbsp; &nbsp; $60&nbsp; &nbsp; $92&nbsp; &nbsp; $98</p><p>65&nbsp; &nbsp; ---&nbsp; &nbsp; $169&nbsp; &nbsp; $135&nbsp; &nbsp; $125&nbsp; &nbsp; $125&nbsp; &nbsp; $175&nbsp; &nbsp; $190</p><p>66&nbsp; &nbsp; ---&nbsp; &nbsp; $363&nbsp; &nbsp; $290&nbsp; &nbsp; $260&nbsp; &nbsp; $270&nbsp; &nbsp; $375&nbsp; &nbsp; $425</p><p><br /></p><p>Now why do you think they give you all those different prices and where do you think all those different prices come from ?</p><p><br /></p><p>Especially when you consider that the coin in question, and MS65, actually sold for $152 ?[/QUOTE]</p><p><br /></p>

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