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Do Krause world coin values match other guides?
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<p>[QUOTE="joecoincollect, post: 2507123, member: 71338"]I appreciate the reply. I guess my confusion stemmed from both not wanting the Krause to be wrong and not understanding why prices are so off. Your point about using auction prices was made clear and is now well taken. Some others mentioned and I agree that at the very least we can use Krause for basic coin info (besides prices though lol), ordering type sets, etc. It still can be a helpful resource but I am seeing that the prices in Krause leave much to be desired, beyond the common problems all price guides have in maintaining values. I also think my confusion arose and clarification was delayed because I wasn't tying the fact of weaker world coin demand in the US with their Krause prices regularly being reduced when buying and selling. In other words, Krause might be a tad more helpful in another country when buying and selling. I don't think we should throw out price guides totally - The Krause world guide or the Red Book - since some prices don't change, or very little. So I'll have to disagree with the absolutist suggestion. For a low level collector like me, yearly guides and such are convenient and innocuous for the most part. But if I spent more and acquired higher value coins, I'm sure your advice would be more key[/QUOTE]</p><p><br /></p>
[QUOTE="joecoincollect, post: 2507123, member: 71338"]I appreciate the reply. I guess my confusion stemmed from both not wanting the Krause to be wrong and not understanding why prices are so off. Your point about using auction prices was made clear and is now well taken. Some others mentioned and I agree that at the very least we can use Krause for basic coin info (besides prices though lol), ordering type sets, etc. It still can be a helpful resource but I am seeing that the prices in Krause leave much to be desired, beyond the common problems all price guides have in maintaining values. I also think my confusion arose and clarification was delayed because I wasn't tying the fact of weaker world coin demand in the US with their Krause prices regularly being reduced when buying and selling. In other words, Krause might be a tad more helpful in another country when buying and selling. I don't think we should throw out price guides totally - The Krause world guide or the Red Book - since some prices don't change, or very little. So I'll have to disagree with the absolutist suggestion. For a low level collector like me, yearly guides and such are convenient and innocuous for the most part. But if I spent more and acquired higher value coins, I'm sure your advice would be more key[/QUOTE]
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Do Krause world coin values match other guides?
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