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<p>[QUOTE=&quot;KSorbo, post: 3929878, member: 56370&quot;]A coin is worth what I would be able to sell it for.&nbsp; Therefore, for me, eBay prices are my first reference.&nbsp; Providing, however, that there are enough sales of comparable items, and discounting the outliers.&nbsp; For thinly traded items the pricing is a bit more complicated.&nbsp; Also, eBay and other auction records aren’t as useful when pricing a nice looking coin if the ones in the auction records are butt ugly.</p><p><br /></p><p>it’s an entirely different question to ask whether the market drives price guides or the price guides drive the market.&nbsp; I would guess that a few decades ago, when the market was more fragmented, prices on some items were more “sticky” and were price guide driven.&nbsp; Now that the internet has given us an open and transparent market we are seeing supply and demand driving prices down on a lot of coins previously thought to be scarce or rare.[/QUOTE]</p><p><br /></p>

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