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<p>[QUOTE="GDJMSP, post: 2271556, member: 112"]Bear - the only thing I would add that others haven't already said is that no coin in any given grade (whatever that grade may be) is ever worth a set amount. For example X coin in MS64 is never worth $400 and only $400. Instead one example of that coin in 64 may only be worth $250, another example of the same coin in 64 worth $400, and another example of the same coin in 64 worth $600. And yet they are all the same coin and all graded 64 by the same TPG.</p><p><br /></p><p>You see, no two coins even though they are graded the same, are equal. One is almost always nicer than the other and thus worth more. And another one may even be nicer than that and worth more yet; or less nice and worth less than the first one was.</p><p><br /></p><p>The thing about price guides that people just don't seem to "get" is that all they are supposed to do to begin with is to give you a rough, stress rough, ballpark idea of what a given coin may, or may not, be worth. And the sad thing is most price guides aren't even worth the paper they are printed on because the sources that the guides use to determine values are worthless to begin with. </p><p><br /></p><p>That's what books means by "knowing the market". And even if you do know the market, the best you can hope for when it comes to determining a value is to an approximate price range that a given coin will fall into.[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 2271556, member: 112"]Bear - the only thing I would add that others haven't already said is that no coin in any given grade (whatever that grade may be) is ever worth a set amount. For example X coin in MS64 is never worth $400 and only $400. Instead one example of that coin in 64 may only be worth $250, another example of the same coin in 64 worth $400, and another example of the same coin in 64 worth $600. And yet they are all the same coin and all graded 64 by the same TPG. You see, no two coins even though they are graded the same, are equal. One is almost always nicer than the other and thus worth more. And another one may even be nicer than that and worth more yet; or less nice and worth less than the first one was. The thing about price guides that people just don't seem to "get" is that all they are supposed to do to begin with is to give you a rough, stress rough, ballpark idea of what a given coin may, or may not, be worth. And the sad thing is most price guides aren't even worth the paper they are printed on because the sources that the guides use to determine values are worthless to begin with. That's what books means by "knowing the market". And even if you do know the market, the best you can hope for when it comes to determining a value is to an approximate price range that a given coin will fall into.[/QUOTE]
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