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<p>[QUOTE="Joshua Lemons, post: 8074358, member: 82388"]I use several different price guides and I have never thought there was a shortage of them, plus, as you stated, we are able to see realized auction prices.</p><p>My problem with current price guides as a collector of world coins is a reliable current price guide. </p><p>With the coin market being so hot right now, I do understand that many guides maybe aren't reflecting the higher prices of many issues, but if you buy and sell enough, you should be able to deduce the price you should pay. If I'm out to buy let's say a common MS Morgan and all the dealers are offering them at around the same price, I don't need a guide to tell me, that's market price.</p><p>I think it's a bit insulting that he believes people are just buying blindly. I have a coin budget each month and I make sure to get the most out of it. Now that doesn't mean I've never overpaid for a coin or that there aren't people going in blindly buying.</p><p>I've yet to read the December issue, so when I read the article, I'll maybe have more insight.[/QUOTE]</p><p><br /></p>
[QUOTE="Joshua Lemons, post: 8074358, member: 82388"]I use several different price guides and I have never thought there was a shortage of them, plus, as you stated, we are able to see realized auction prices. My problem with current price guides as a collector of world coins is a reliable current price guide. With the coin market being so hot right now, I do understand that many guides maybe aren't reflecting the higher prices of many issues, but if you buy and sell enough, you should be able to deduce the price you should pay. If I'm out to buy let's say a common MS Morgan and all the dealers are offering them at around the same price, I don't need a guide to tell me, that's market price. I think it's a bit insulting that he believes people are just buying blindly. I have a coin budget each month and I make sure to get the most out of it. Now that doesn't mean I've never overpaid for a coin or that there aren't people going in blindly buying. I've yet to read the December issue, so when I read the article, I'll maybe have more insight.[/QUOTE]
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