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<p>[QUOTE="RaceBannon, post: 1044921, member: 25357"]My experience with the NGC/PCGS price guides is that they are pretty much in line with the RedBook prices. That means they reflect retail prices.</p><p>Almost no one who collects coins pays retail.</p><p> </p><p>As Doug mentions, the CDN or greysheet will give you a more accurate reflection of wholesale prices for coins. It varies, but in my own experience the greysheet prices are 10-35% lower than retail prices on average.</p><p> </p><p>I differ a little bit with Doug on the opinion of EBay prices, while it is true that some bidders overpay, there are also some great deals to be had on EBay. The other thing that makes EBay reflective of real market prices is the sheer volume of business conducted on EBay. There are literally millions of bidders on EBay in any given day. Many of those actually know what they are doing. </p><p>If you buy a coin in a slab from one of the major TPGs from a reputable dealer on EBay, you will find that you can get a huge discount of retail/redbook. More often than not, you'll get real close to Greysheet bid. To me that's another indicator that EBay is frequented by many educated buyers.[/QUOTE]</p><p><br /></p>
[QUOTE="RaceBannon, post: 1044921, member: 25357"]My experience with the NGC/PCGS price guides is that they are pretty much in line with the RedBook prices. That means they reflect retail prices. Almost no one who collects coins pays retail. As Doug mentions, the CDN or greysheet will give you a more accurate reflection of wholesale prices for coins. It varies, but in my own experience the greysheet prices are 10-35% lower than retail prices on average. I differ a little bit with Doug on the opinion of EBay prices, while it is true that some bidders overpay, there are also some great deals to be had on EBay. The other thing that makes EBay reflective of real market prices is the sheer volume of business conducted on EBay. There are literally millions of bidders on EBay in any given day. Many of those actually know what they are doing. If you buy a coin in a slab from one of the major TPGs from a reputable dealer on EBay, you will find that you can get a huge discount of retail/redbook. More often than not, you'll get real close to Greysheet bid. To me that's another indicator that EBay is frequented by many educated buyers.[/QUOTE]
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