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<p>[QUOTE=&quot;PatAR, post: 3008405, member: 71536&quot;]I consider the Krause guides to be useful for identifying coins, mint marks, weight, precious metal content, and the like. The prices also provide a clue to relative value, as others have mentioned. However, I would caution that simply reducing by X% may cause problems. As someone mentioned earlier, current market value may be below or <u>above</u> the Krause price depending on the particular coin or series and how long it has been since that guide was published (whether to print or web). It may also be far below the Krause price such as after the bubble bursts on massive market upswings for certain countries or series.</p><p><br /></p><p>Tracking sales yourself for the particular series you collect remains the best way to get a sense of the range in which you can feel comfortable buying or selling.</p><p><br /></p><p>If you are new to collecting a particular series then a quick search of online auction records for the same coin (date + mint) and same condition you are seeking is a good start. You may additionally consider asking in forums such as this what other collectors of the series have paid and if any pricing trends are apparent (ie is it really high or low right now).</p><p><br /></p><p>Hope this is helpful.<img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>

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