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Message:: [QUOTE="GDJMSP, post: 123703, member: 112"]The vast majority of all dealers will tell you the same thing. And to a degree they are right. The reason is because there are too many people on ebay who, all too often, pay too much. Experienced collectors know they pay too much - dealers know they pay too much - everybody knows they pay too much - except the people doing the paying. But if you know what the going rate is for a given coin, you can recognize when somebody pays too much and ignore that sale. You can also recognize when a coin sells for too little - and ignore that sale. Then and only then can you use ebay to establish a value for a given coin. Another thing - say you buy American Silver Eagles or Gold Eagles - slabbed as MS69 by one of the top TPGs. For some of the ASEs you might pay $50 or more each. For the gold, let's say the $5, you might pay a couple hundred for some dates. But if you took those same coins to a dealer to sell, he'd offer the Grey Sheet rate, which would be just over bullion value in most cases. And you'd look at him astonished. But 99 out of a hundred dealers would make the same offer. The story would be much the same with most modern coins, slabbed or not - you'd get an offer that you would consider rediculous. That's because most established dealers consider modern coins, regardless of grade, to be so much pocket change. Many collectors do as well.[/QUOTE]