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<p>[QUOTE="softmentor, post: 1429543, member: 10469"]I think the question might be better phrased do people know how to use the Red Book. It is a guide, not the gospel. I don't see where it is misleading anyone. But some people, especially less experienced buyers, may not really read it well and think things through. Note that the lowest grade priced out is VF20. If the 2 bidders were depending on Red Book only, and if they didn't really look at the grade that was listed first (lowest grade priced) and if they assumed the lowest price listed was for the lowest possible grade (good 8), and if they were caught up in the emotions of an auction, well, that is a new buyer error, not Red Books fault. Lot of if's that we really don't know the answer to, but we have all seen and probably made those mistakes once upon a time too. Red Book definitely does NOT do beginning collectors a disservice. Lack of knowledge and wisdom does.[/QUOTE]</p><p><br /></p>
[QUOTE="softmentor, post: 1429543, member: 10469"]I think the question might be better phrased do people know how to use the Red Book. It is a guide, not the gospel. I don't see where it is misleading anyone. But some people, especially less experienced buyers, may not really read it well and think things through. Note that the lowest grade priced out is VF20. If the 2 bidders were depending on Red Book only, and if they didn't really look at the grade that was listed first (lowest grade priced) and if they assumed the lowest price listed was for the lowest possible grade (good 8), and if they were caught up in the emotions of an auction, well, that is a new buyer error, not Red Books fault. Lot of if's that we really don't know the answer to, but we have all seen and probably made those mistakes once upon a time too. Red Book definitely does NOT do beginning collectors a disservice. Lack of knowledge and wisdom does.[/QUOTE]
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