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<p>[QUOTE="ToughCOINS, post: 1769790, member: 20480"]Mike, a coin's value depends on more than how it grades. </p><p> </p><p>How much the look of a coin pleases it prospective owner, or how well it matches the other coins belonging to that buyer is very important. Some buyers may spend seemingly ridiculous money for a coin having no marks or a certain color on a particular date for which they may have declined many other examples at substantially less money. </p><p> </p><p>Conversely, less selective buyers may buy the first example that comes along, even with bad marks or other problems, as long as it is inexpensive. </p><p> </p><p>In both cases, the coins may have equivalent details and luster, and grade the same, but be valued very differently.</p><p> </p><p>I have seen cases where a buyer paid as much as ten times the generic price for a properly graded coin, solely for superior eye appeal. As a dealer, I have spent as much as 4 or 5 times dealer bid for truly rare coins with outstanding attributes. I've also spent as little as 1/3 or even 1/4 bid for coins that were not damaged, but possessed distinctly inferior eye appeal.</p><p> </p><p>Therefore, you should not be too surprised to see 1 coin sell for twice the price of another of the same grade. You'll likely see even more disparity if you keep looking.</p><p> </p><p>By the way, the prices in price guides are nothing more than just that . . . guides.</p><p> </p><p>Mike at toughcoins.com[/QUOTE]</p><p><br /></p>
[QUOTE="ToughCOINS, post: 1769790, member: 20480"]Mike, a coin's value depends on more than how it grades. How much the look of a coin pleases it prospective owner, or how well it matches the other coins belonging to that buyer is very important. Some buyers may spend seemingly ridiculous money for a coin having no marks or a certain color on a particular date for which they may have declined many other examples at substantially less money. Conversely, less selective buyers may buy the first example that comes along, even with bad marks or other problems, as long as it is inexpensive. In both cases, the coins may have equivalent details and luster, and grade the same, but be valued very differently. I have seen cases where a buyer paid as much as ten times the generic price for a properly graded coin, solely for superior eye appeal. As a dealer, I have spent as much as 4 or 5 times dealer bid for truly rare coins with outstanding attributes. I've also spent as little as 1/3 or even 1/4 bid for coins that were not damaged, but possessed distinctly inferior eye appeal. Therefore, you should not be too surprised to see 1 coin sell for twice the price of another of the same grade. You'll likely see even more disparity if you keep looking. By the way, the prices in price guides are nothing more than just that . . . guides. Mike at toughcoins.com[/QUOTE]
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