Message:

<p>[QUOTE=&quot;GDJMSP, post: 99151, member: 112&quot;]As you have already been told the Red Book is not a good price guide. And the benefits of using the Grey Sheet and realized auction prices has already been mentioned. What wasn&#039;t mentioned is this - if you ever walk into a dealer&#039;s shop and attempt to discuss values based on realized auction prices he&#039;ll probably look at you like you&#039;re crazy. Many dealers consider ebay prices as totally unreliable &amp; meaningless. But if you use the Grey Sheet in a dealer&#039;s shop, most of the time you won&#039;t have any problem at all as most dealers use the Grey Sheet themselves. But as you have also been told you can sometimes expect to pay up to 15-20% more than the Grey Sheet Ask price. Grey Sheet is a wholesale price guide and you are buying retail.</p><p><br /></p><p>Now if you are attempting to buy coins on ebay or some other auction venue - then use the realized auction prices as your guide. This is something that most do not take into consideration - where you are buying the coin determines what price guide you should use.</p><p><br /></p><p><br /></p><p><br /></p><p>There really isn&#039;t a good single answer to this question. That&#039;s because there are so many variables. It depends on the collector himself and what his goals are. It also depends on the individual coin in question at the time. But since you mentioned the investment aspect here is a rule of thumb - buy the highest grade that you can afford at the time. And if the grade does not satisfy your desire - then be patient and wait. Save up money until you can buy one that does. Buying a coin in a lower grade than you want usually only cost you more money in the long run. </p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p>There is no single source that is better than another. You may buy coins from dealers, auctions, other collectors and even people who have inherited a collection. And you never know where or when the best deal will come along. You have to treat each and every coin purchase you make on an idividual basis.[/QUOTE]</p><p><br /></p>

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