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<p>[QUOTE="lordmarcovan, post: 6388900, member: 10461"]That is a lovely coin. When you get up into higher-tier material like that, the price is often set by auction.</p><p><br /></p><p>As to pricing it, you can look at the PCGS and NGC priceguides, Greysheet, Numismedia, Red Book, Blue Book, etc. By using several different references you can get a general idea.</p><p><br /></p><p>That depends on a number of factors, not least of which are how much you paid for it and when you sell it. It won't necessarily sell for less than you bought it for- <i>if</i> you bought it at the right price. Who knows?</p><p><br /></p><p>My advice to you is to consult all the various references you have at hand, to get some general idea of what a coin should be worth- <i>before</i> you buy it - then try to get it at the best possible price. If you do that, then maybe it will be worth more later when you sell it, if you sell it at the right time and through the right venue.</p><p><br /></p><p>Me, I just record what I paid, and later, when I sell something, maybe I gained a little and maybe I lost a little. I seldom take really big hits or make really big scores. It's usually just a little bit on either side of breaking even. But if I held stuff more for the long term, who knows?</p><p><br /></p><p>PS- I will add that I <i>usually</i> break even or make a tiny profit <i>most</i> of the time. Learning to do that, and buying selectively while gaining experience in the marketplace- is the way to do it. It doesn't happen overnight.[/QUOTE]</p><p><br /></p>
[QUOTE="lordmarcovan, post: 6388900, member: 10461"]That is a lovely coin. When you get up into higher-tier material like that, the price is often set by auction. As to pricing it, you can look at the PCGS and NGC priceguides, Greysheet, Numismedia, Red Book, Blue Book, etc. By using several different references you can get a general idea. That depends on a number of factors, not least of which are how much you paid for it and when you sell it. It won't necessarily sell for less than you bought it for- [I]if[/I] you bought it at the right price. Who knows? My advice to you is to consult all the various references you have at hand, to get some general idea of what a coin should be worth- [I]before[/I] you buy it - then try to get it at the best possible price. If you do that, then maybe it will be worth more later when you sell it, if you sell it at the right time and through the right venue. Me, I just record what I paid, and later, when I sell something, maybe I gained a little and maybe I lost a little. I seldom take really big hits or make really big scores. It's usually just a little bit on either side of breaking even. But if I held stuff more for the long term, who knows? PS- I will add that I [I]usually[/I] break even or make a tiny profit [I]most[/I] of the time. Learning to do that, and buying selectively while gaining experience in the marketplace- is the way to do it. It doesn't happen overnight.[/QUOTE]
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Is Blue Book accurate for what most dealers will pay?
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