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Did I get soaked? $40 for a learning experience or what?
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<p>[QUOTE="SuperDave, post: 2597970, member: 1892"]Price guides bear no resemblance to what coins sell for in the real world. Determine pricing by the prices people are willing to pay for that coin, not by what some "authority" tells you it's worth. Bookmark this page, and consult it first whenever looking at a coin:</p><p><br /></p><p><a href="http://www.pcgs.com/auctionprices/" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.pcgs.com/auctionprices/" rel="nofollow">http://www.pcgs.com/auctionprices/</a></p><p><br /></p><p>Also, use Ebay's archive of completed auctions.You can see what similar coins have sold for, and just as importantly, when you list by Completed Items rather than Sold Items, you can get a feel for how much in demand the coin is. When the majority of listings don't sell, it's a hint that either the prices asked are far too high, or the coin simply isn't in demand at that grade (too common). </p><p><br /></p><p>I don't consider it possible for someone to be "soaked" on a $40 coin, but you could have done a bit better.</p><p><br /></p><p>Why are you buying coins without knowing what they're worth?[/QUOTE]</p><p><br /></p>
[QUOTE="SuperDave, post: 2597970, member: 1892"]Price guides bear no resemblance to what coins sell for in the real world. Determine pricing by the prices people are willing to pay for that coin, not by what some "authority" tells you it's worth. Bookmark this page, and consult it first whenever looking at a coin: [url]http://www.pcgs.com/auctionprices/[/url] Also, use Ebay's archive of completed auctions.You can see what similar coins have sold for, and just as importantly, when you list by Completed Items rather than Sold Items, you can get a feel for how much in demand the coin is. When the majority of listings don't sell, it's a hint that either the prices asked are far too high, or the coin simply isn't in demand at that grade (too common). I don't consider it possible for someone to be "soaked" on a $40 coin, but you could have done a bit better. Why are you buying coins without knowing what they're worth?[/QUOTE]
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Did I get soaked? $40 for a learning experience or what?
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