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<p>[QUOTE=&quot;The_Cave_Troll, post: 158059, member: 1674&quot;]I have 2 comments.&nbsp; First the Red Book (that is what we informally call the book properly titled &quot;A Guide Book of United States Coins&quot; by R.S. Yeoman) lists the <i>highest</i> sale prices from the the year 2 years before it was dated (the 2007 Red book was issued in May 2006 and the data that it contains was compiled mostly during 2005 and very early 2006)&nbsp; so prices are routinely incorrect, although it will give you a good idea of which coins are rare in any given series.</p><p><br /></p><p><br /></p><p>I agree that most coin dealers operate on a 30-40% margin.&nbsp; If you find a dealer who is buying at 80% of the retail price, then he is likely charging his customers 110-120% of the retail price when he sells.&nbsp; If his sell price is lower then his buy price will be correspondingly lower.&nbsp; So don&#039;t be scared off by a buy offer that is a little lower then you&#039;d hope, the guy on the other side of the counter is trying to feed his family and keep the lights on at his shop too.&nbsp; Just thank him and move along to your next option.[/QUOTE]</p><p><br /></p>

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