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<p>[QUOTE="medoraman, post: 952530, member: 26302"]Well all price guides are troublesome. Krause is just a little more troublesome since they are priced by dealers who have their own interests besides those of collectors.</p><p><br /></p><p>All price guides are like this, its just Krause are more so. When it comes to guides, always remember that low priced coins are always overpriced, and high end coins are usually underpriced. Yes, you may have to pay $1 for a coin from a dealer if you need one, but do not ever think if you have 100 of them they are valued at $100. The dealer needs a minimum amount of money per coin to even bother with. A 100 of a coin listing in KM for $1 a piece may be worth $20. On the other end, rare coins are rare, and will always be desired, so dealers have their own interest in keeping prices in guidebooks down, since they know they can always sell those coins regardless of book price.</p><p><br /></p><p>Overall, for world coins KM is the standard numbering, so you must own them. I would always try to buy more specialized books whenever you can, since these will be your big advantage over other collectors.</p><p><br /></p><p>Hope this helped.[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 952530, member: 26302"]Well all price guides are troublesome. Krause is just a little more troublesome since they are priced by dealers who have their own interests besides those of collectors. All price guides are like this, its just Krause are more so. When it comes to guides, always remember that low priced coins are always overpriced, and high end coins are usually underpriced. Yes, you may have to pay $1 for a coin from a dealer if you need one, but do not ever think if you have 100 of them they are valued at $100. The dealer needs a minimum amount of money per coin to even bother with. A 100 of a coin listing in KM for $1 a piece may be worth $20. On the other end, rare coins are rare, and will always be desired, so dealers have their own interest in keeping prices in guidebooks down, since they know they can always sell those coins regardless of book price. Overall, for world coins KM is the standard numbering, so you must own them. I would always try to buy more specialized books whenever you can, since these will be your big advantage over other collectors. Hope this helped.[/QUOTE]
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