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<p>[QUOTE=&quot;AncientJoe, post: 3342512, member: 44357&quot;]It just means that the estimates were conservative. This is a common marketing tactic by auction houses to attract consignments, saying &quot;we realize 2x estimates&quot;, but it doesn&#039;t necessarily indicate a trend in prices.</p><p><br /></p><p>Additionally, catalog values are often refreshed once every several years and don&#039;t take into account the quality of each coin. Even in US coinage where coins are relatively consistent, the Red Book prices are only barely connected with the market. </p><p><br /></p><p>Looking at the prices realized by comparable coins over a period of time is a much more reliable way of establishing value than a single integer in the guide book.[/QUOTE]</p><p><br /></p>

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