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<p>[QUOTE=&quot;jlblonde, post: 1469455, member: 32000&quot;]The Krause book is regularly used by coin shops and dealers to get the maximum amount of money from the sale of a general issue coin. Rare coins are a different matter all together. In turn if you sell a general issue coin to them, you get about a quarter of the price or less. So a coin in UNC condition listed in Krause as approx $20.00 US may be bought by a dealer for $2.00 to $5.00. </p><p><br /></p><p>Many general issues are considered junk by a great many coin dealers here in the Southern California region. They&#039;ll buy them at around $.03 a coin or at a set bulk price of theirs by the pound. They&#039;ll fish out precious metal and unusual/rare coins and this is where the Krause books come into play as a means by which to sell a coin of worth on the &quot;buy board.&quot; Prices for slabbed coins are more certain, so a roughly $100 coin may be sold to a dealer at a negotiated price of $90.00. The dealer may sell it for $100.00 and make $10 bucks profit.</p><p><br /></p><p>This is common practice and not unusual around here.</p><p><br /></p><p>Hontonai is right on the money! &quot;Your best bet for valuation is to search completed auction results, including EBay.&quot;[/QUOTE]</p><p><br /></p>

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