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<p>[QUOTE="National dealer, post: 14738, member: 487"]GDJMSP has made a fantastic point. (per usual) <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie8" alt=":D" unselectable="on" unselectable="on" /></p><p><br /></p><p>There are really many factors that determine value. On top of what has been said, there is also quality of strike. Not all coins in a given grade are the same. Over the past 18 years since third party grading companies have come into their own, the standards have changed back and forth a few times. Many early holders have coins that are incredibly strong for the grade, or even slightly high for the grade. Many coins graded in the early 90's are borderline for the grade. Now days it is more hit than miss. This is why very few coins are truly bought and sold sight-unseen. Too often new collectors flock to the graded coins as a form of protection in value. While that is somewhat true, the problem comes in the available price guides. While many exist, none are really accurate. They often run far behind the market, and try to compensate by inflating the numbers. Price guides that are written by the grading services are usually the worst of all. You have to consider why a grading service publishes a price guide. </p><p><br /></p><p>The best two sources for prices are The Coin Dealers Newsletter, commonly referred to as the greysheet, and auction prices realized. These two areas are near accurate for what the market is doing. Prices change often, along with collector trends.[/QUOTE]</p><p><br /></p>
[QUOTE="National dealer, post: 14738, member: 487"]GDJMSP has made a fantastic point. (per usual) :D There are really many factors that determine value. On top of what has been said, there is also quality of strike. Not all coins in a given grade are the same. Over the past 18 years since third party grading companies have come into their own, the standards have changed back and forth a few times. Many early holders have coins that are incredibly strong for the grade, or even slightly high for the grade. Many coins graded in the early 90's are borderline for the grade. Now days it is more hit than miss. This is why very few coins are truly bought and sold sight-unseen. Too often new collectors flock to the graded coins as a form of protection in value. While that is somewhat true, the problem comes in the available price guides. While many exist, none are really accurate. They often run far behind the market, and try to compensate by inflating the numbers. Price guides that are written by the grading services are usually the worst of all. You have to consider why a grading service publishes a price guide. The best two sources for prices are The Coin Dealers Newsletter, commonly referred to as the greysheet, and auction prices realized. These two areas are near accurate for what the market is doing. Prices change often, along with collector trends.[/QUOTE]
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