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<p>[QUOTE=&quot;1865King, post: 7256397, member: 103207&quot;]Most of the major auction houses have resources that allow you to see what coins sold for in the past.&nbsp;&nbsp; However be prepared to be shocked.&nbsp; I was on Great Collections site looking at coins being auctioned soon.&nbsp; There was a real nice 1909 Lincoln cent graded MS 66 red in a first generation PCGS slab.&nbsp; It had a current bid of about $1,200.00.&nbsp; On another major dealers site they were selling a nice 1909 Lincoln cent for under $500.00.&nbsp; It&#039;s not uncommon to see coins selling at twice what price guides state.&nbsp; It can also go in the other direction.&nbsp; A coin with great eye appeal and a great strike will sell higher than the price guide but, a coin with the same technical grade but a dog may not even sell or it will be sold at a much lower price.&nbsp; One of the original purposes of the grading companies was to be able to sell coins sight unseen.&nbsp; That idea imploded very fast.&nbsp; True collectors realized very fast that it wouldn&#039;t work.&nbsp; The only case that it can work is with modern coins.&nbsp; Buying an MS 70 silver eagle in a slab is a no brainer.&nbsp; But that won&#039;t work for a 1955 Franklyn half graded MS 66.&nbsp; On older coins strike and eye appeal can vary to a point the difference is like night and day.[/QUOTE]</p><p><br /></p>

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