Important Terminology

Discussion in 'Coin Chat' started by statmatics, Dec 2, 2009.

  1. statmatics

    statmatics Junior Member

    Hello, I wonder what you think about this write-up on Important Terminology when it comes to coin pricing. It comes from the CoinQuest.com web site. -- Paul Richards

    Coin enthusiasts use four different terms when referring to coin values. The Catalog Price is an inflated price published on web sites and in coin magazines and coin books. People who know about coins rarely pay the catalog price. Next there is the retail price. This is the price that collectors usually pay for coins they purchase from coin dealers, from eBay and other auction houses, and from other collectors. ........ edited

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  3. Phil Ham

    Phil Ham Hamster

    It seems a little simple but simple is good.
     
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