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Is coin trackers valuation accurate to estimate ungraded circ, coins.
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<p>[QUOTE="-jeffB, post: 3915085, member: 27832"]It is <b>not safe to assume ANYTHING</b> based on <i>any </i>price guide, because no price guide can include all the factors that affect a coin's value. A price guide won't tell you how damage or discoloration will affect a coin's price. It won't tell you what constitutes "good eye appeal", or how <i>that</i> will affect a coin's price.</p><p><br /></p><p>It also won't tell you what <i>you</i> should expect to sell a coin for. It's more likely to say what a <i>dealer</i> will try to sell the coin for. If you sell it to a dealer, he'll obviously have to pay you less than that, because he needs to make a profit when he sells it.</p><p><br /></p><p>At best, price guides can give you an idea of which coins are more or less valuable <i>relative to others</i>, and which ones go up sharply in higher grades. Example: in Good condition, an 1884 Morgan and an 1884-S Morgan list at the same price ($23). In MS60, the 1884 lists at $42, and the 1884-S lists at $9000.[/QUOTE]</p><p><br /></p>
[QUOTE="-jeffB, post: 3915085, member: 27832"]It is [B]not safe to assume ANYTHING[/B] based on [I]any [/I]price guide, because no price guide can include all the factors that affect a coin's value. A price guide won't tell you how damage or discoloration will affect a coin's price. It won't tell you what constitutes "good eye appeal", or how [I]that[/I] will affect a coin's price. It also won't tell you what [I]you[/I] should expect to sell a coin for. It's more likely to say what a [I]dealer[/I] will try to sell the coin for. If you sell it to a dealer, he'll obviously have to pay you less than that, because he needs to make a profit when he sells it. At best, price guides can give you an idea of which coins are more or less valuable [I]relative to others[/I], and which ones go up sharply in higher grades. Example: in Good condition, an 1884 Morgan and an 1884-S Morgan list at the same price ($23). In MS60, the 1884 lists at $42, and the 1884-S lists at $9000.[/QUOTE]
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Is coin trackers valuation accurate to estimate ungraded circ, coins.
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