Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
Miller dollar book plate coin grade??
>
Reply to Thread
Message:
<p>[QUOTE="GDJMSP, post: 20735, member: 112"]notacoinguy - </p><p><br /></p><p>It's not that you are stupid - it's that you are ignorant of how the system works. </p><p><br /></p><p>Yes - the prices you see for the Heritage value index are averages for the most part. Heritage also assigns value for the amount of demand for a given coin. But there are different dealer networks that Heritage does participate in with different values. That is because one is retail - one is wholesale. And the Heritage index is also comprised almost completely of slabbed coins. Very few raw coins bring such prices. Instead of looking at the index - look at examples of raw coins for the date & mint. You will get a more accurate idea of value.</p><p><br /></p><p>But regardless of what price index or guide is used - that does not mean that the coin you have would sell for that much, especially if your coin is raw. And it doesn't matter what book it has been in.</p><p><br /></p><p>Now if I had a copy of the book in question I would be happy to provide you my opinion of the grade. But grades based on pictures are not always accurate even for those who are good at it. And I'm quite good at it. This is because a picture can be manipulated to display or hide whatever you want it to do. And nobody but a fool would ever offer to purchase a multi-thousand dollar raw coin based soley on a picture. They would insist on seeing the coin.[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 20735, member: 112"]notacoinguy - It's not that you are stupid - it's that you are ignorant of how the system works. Yes - the prices you see for the Heritage value index are averages for the most part. Heritage also assigns value for the amount of demand for a given coin. But there are different dealer networks that Heritage does participate in with different values. That is because one is retail - one is wholesale. And the Heritage index is also comprised almost completely of slabbed coins. Very few raw coins bring such prices. Instead of looking at the index - look at examples of raw coins for the date & mint. You will get a more accurate idea of value. But regardless of what price index or guide is used - that does not mean that the coin you have would sell for that much, especially if your coin is raw. And it doesn't matter what book it has been in. Now if I had a copy of the book in question I would be happy to provide you my opinion of the grade. But grades based on pictures are not always accurate even for those who are good at it. And I'm quite good at it. This is because a picture can be manipulated to display or hide whatever you want it to do. And nobody but a fool would ever offer to purchase a multi-thousand dollar raw coin based soley on a picture. They would insist on seeing the coin.[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
Miller dollar book plate coin grade??
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...