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<p>[QUOTE="Leadfoot, post: 305872, member: 2972"]They aren't too bad, but like all price guides some coins are high, others are low. </p><p><br /></p><p>If you give the specific coin and grade, I might be able to provide a better answer....</p><p><br /></p><p>That said/asked, coin valuation is probably the hardest part of numismatics, as it adds the challenges of grading to the requisite knoweldge of the market and pricing.</p><p><br /></p><p>Although I shy away from generalities, and it certainly depends on the source and of course the coin itself, but you can generally expect to pay more than the average Heritage sales price (including juice).</p><p><br /></p><p>But as always, it really depends on the coin itself.</p><p><br /></p><p>For instance, say you're going to buy an AU 55 1847 large cent. The Heritage price guide shows a price of $115-150 -- and say for a moment that the average auctoin price was $125. The coin in question is a choice AU coin -- gorgeous with only light wear and completely original with nice luster and is easliy better than 99% of the examples you would see. Is $150 a fair price for this coin? Is $250? On the other hand, suppose the second example of the 1847 large cent was recolored, had a small rim ding, and had a few spots. Is $115 a fair price? Is $100? HINT: There is no right answer! Because...</p><p><br /></p><p><b>In the end valuation is up to the one doing the buying. Either you want the coin more than your money or you don't.</b></p><p><br /></p><p>If you are going to use a price guide, I would suggest the greysheet. It is what dealer's use for their pricing, and while low, should give you a realistic floor for the value of your coins. You should generally be able to get pretty close to "bid" on any given coin, but for all except the most common coins, don't expect to be able to buy for "ask" either.</p><p><br /></p><p>But again, please tell me what coin, specifically, you are interested in and I (or someone else more familiar with the series) can give you more pertinent advice.</p><p><br /></p><p>Good luck...Mike[/QUOTE]</p><p><br /></p>
[QUOTE="Leadfoot, post: 305872, member: 2972"]They aren't too bad, but like all price guides some coins are high, others are low. If you give the specific coin and grade, I might be able to provide a better answer.... That said/asked, coin valuation is probably the hardest part of numismatics, as it adds the challenges of grading to the requisite knoweldge of the market and pricing. Although I shy away from generalities, and it certainly depends on the source and of course the coin itself, but you can generally expect to pay more than the average Heritage sales price (including juice). But as always, it really depends on the coin itself. For instance, say you're going to buy an AU 55 1847 large cent. The Heritage price guide shows a price of $115-150 -- and say for a moment that the average auctoin price was $125. The coin in question is a choice AU coin -- gorgeous with only light wear and completely original with nice luster and is easliy better than 99% of the examples you would see. Is $150 a fair price for this coin? Is $250? On the other hand, suppose the second example of the 1847 large cent was recolored, had a small rim ding, and had a few spots. Is $115 a fair price? Is $100? HINT: There is no right answer! Because... [B]In the end valuation is up to the one doing the buying. Either you want the coin more than your money or you don't.[/B] If you are going to use a price guide, I would suggest the greysheet. It is what dealer's use for their pricing, and while low, should give you a realistic floor for the value of your coins. You should generally be able to get pretty close to "bid" on any given coin, but for all except the most common coins, don't expect to be able to buy for "ask" either. But again, please tell me what coin, specifically, you are interested in and I (or someone else more familiar with the series) can give you more pertinent advice. Good luck...Mike[/QUOTE]
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