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<p>[QUOTE="Bill in Burl, post: 1869695, member: 23692"]There is NO reference book that is useless. Every reference should serve as ONE input into making any kind of decision whether to purchase or place a value on a coin. If you are using Krause as your only reference then, yes, you will be disappointed sometimes. The most valuable assets provided by Krause are the ID and technical specs of the coin (weight, metallic alloy, etc) let alone the little history/background of places that half the people on the globe can't put their finger on. Krause lets you easily separate the wheat from the chaff by showing you what are vanilla coins vs what coins have a healthy premium. It is up to you, then, to find an accurate price to affix to the coin. An added bonus is that all the pictures in Krause are close to accurate as to the actual size of the coin you are searching for. As to seeing coins listed for $80-$90 and having them sell for less than $10 on Ebay ... that is an every day happening, because you can't sell a coin to a book or guide ... you need someone with a wallet. I think that much of the blame for lower prices on some harder to find coins goes to the seller for not providing good photos that can be magnified, using crappy descriptions, and usually the REAL culprit .. vastly overgrading your coin in your selling eyes when someone who actually knows how to grade sees it with his buyer's eyes. Again, there is no numismatic reference book that is useless .. even 40-50 year old price guides will give you valuable insight into what you have.[/QUOTE]</p><p><br /></p>
[QUOTE="Bill in Burl, post: 1869695, member: 23692"]There is NO reference book that is useless. Every reference should serve as ONE input into making any kind of decision whether to purchase or place a value on a coin. If you are using Krause as your only reference then, yes, you will be disappointed sometimes. The most valuable assets provided by Krause are the ID and technical specs of the coin (weight, metallic alloy, etc) let alone the little history/background of places that half the people on the globe can't put their finger on. Krause lets you easily separate the wheat from the chaff by showing you what are vanilla coins vs what coins have a healthy premium. It is up to you, then, to find an accurate price to affix to the coin. An added bonus is that all the pictures in Krause are close to accurate as to the actual size of the coin you are searching for. As to seeing coins listed for $80-$90 and having them sell for less than $10 on Ebay ... that is an every day happening, because you can't sell a coin to a book or guide ... you need someone with a wallet. I think that much of the blame for lower prices on some harder to find coins goes to the seller for not providing good photos that can be magnified, using crappy descriptions, and usually the REAL culprit .. vastly overgrading your coin in your selling eyes when someone who actually knows how to grade sees it with his buyer's eyes. Again, there is no numismatic reference book that is useless .. even 40-50 year old price guides will give you valuable insight into what you have.[/QUOTE]
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