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Is there a more accurate price guide than eBay completed listings/HA Realized prices?
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<p>[QUOTE="medoraman, post: 1357115, member: 26302"]Great point about the average for the grade, I should have mentioned that as well. </p><p><br /></p><p>Point is, its hard, and sometimes unexplainable as well. How do you interpret someone paying $1000 for a 65 CAC stickered coin that greysheets for $500? One explanation could be a high end 65 is going for that, another would be the market is moving up on a 65 of that date, a third possibility is "auction fever", while a fourth could be if there was toning on the coin. Any of those four could be the explanation, and is really impossible to tell. This is where multiple data points, and dealer knowledge and experience comes into play. Coins are not commodities, each is individualistic. Like I said you are lucky you are learning on US coins, probably the most commoditized coinage in the world. I can see three VF ancients sell for between $100 and $1000 or even wider. A fairly common Roman bronze expected to go for $5k went for $100k last year, with seemingly no explanation from experts. Two bidders just HAD to have it.</p><p><br /></p><p>Chris[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 1357115, member: 26302"]Great point about the average for the grade, I should have mentioned that as well. Point is, its hard, and sometimes unexplainable as well. How do you interpret someone paying $1000 for a 65 CAC stickered coin that greysheets for $500? One explanation could be a high end 65 is going for that, another would be the market is moving up on a 65 of that date, a third possibility is "auction fever", while a fourth could be if there was toning on the coin. Any of those four could be the explanation, and is really impossible to tell. This is where multiple data points, and dealer knowledge and experience comes into play. Coins are not commodities, each is individualistic. Like I said you are lucky you are learning on US coins, probably the most commoditized coinage in the world. I can see three VF ancients sell for between $100 and $1000 or even wider. A fairly common Roman bronze expected to go for $5k went for $100k last year, with seemingly no explanation from experts. Two bidders just HAD to have it. Chris[/QUOTE]
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