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<p>[QUOTE=&quot;GDJMSP, post: 19381, member: 112&quot;]jrh - </p><p><br /></p><p>Instead of getting discouraged - let me ask you a question. When you shop for a car or a TV - do all the shops have then at the same price ? Of course not - it would be foolish to think they would.</p><p><br /></p><p>Coins are no different. You can buy the exact same coin in the same grade at a dozen different places and pay a dozen different prices. That&#039;s the nature of the retail business.</p><p><br /></p><p>TeleTrade is an excellent source for coins at times - at other times it&#039;s not so good. Like anything else - it depends on the coin - not who&#039;s selling it. It also depends on how many folks are bidding on a given coin for that given auction. You can see that yourself - just check the TeleTrade auction archives.</p><p><br /></p><p>Now as to why the price guides are so different than the prices that have been mentioned here - that&#039;s easy. Think about it - who publishes these price guides ? Almost inevitably it is someone selling something else. And what sells product ? Good news. In this case - good news equals high prices.</p><p><br /></p><p>If you were to spend a few years closely tracking the price guides and how the values change and comparing them with the actual auction records of the same coins as they were sold - what you would find is that the price listed in the guides most often equals the highest price paid for a given coin - not for the average paid for that coin.</p><p><br /></p><p>You should also look to see who the price guides collect their data from - coin dealers. Every month the price guides contact a number of coin dealers across the nation and ask them - what are you selling this coin for today ? And what do you expect the coin dealers to say ? Of course they are going to tell them it is selling for $XXXX instead of $XX. They want to sell more coins at $XXXX and increase their profits. The dealers know all too well that many collectors use the price guides as a bible - if it says it&#039;s worth this much in the guide - then it is. And so they are willing to pay that price. And so the cycle continues.</p><p><br /></p><p>But a collector with a little knowledge and one who does the necessary research to check and see if the price guides are accurate - soon finds they are not. He also soon finds what the reasonable price actually is. And that&#039;s what you&#039;ve been told here.</p><p><br /></p><p>You may also wish to take note that as little as 6 months to a year ago - prices for many coins, in particular some moderns, were a great deal higher than they are now. And I rather suspect that in the months to come - they will be even lower.</p><p><br /></p><p>Just my opinion.[/QUOTE]</p><p><br /></p>

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