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<p>[QUOTE="Vess1, post: 1047020, member: 13650"]Then the best that can be said for ebay is that the pricing is completely inconclusive for most issues. There's no way to know the exact percentage of people who know what's going on and those who don't. We just know there are "many". We don't know that they are the vast majority or how many have a mix of decent knowledge in between. </p><p><br /></p><p> For modern proofs and commemoratives, ebay is probably a reasonable guide. With those you have more known's, many examples sold, less factors involved.</p><p><br /></p><p> For anything else, throw in the fact that 10 different knowledgeable people may give 10 different values for the same coin on a given day. And their opinions may change the next day. There is no definitive answer. There can only be guides. And it seems no matter what is printed anywhere, people believe they should be able to buy the coin for X% less than any guide's price. </p><p><br /></p><p> That's the only consensus we have, which I'm afraid is not very valuable to the OP'er. </p><p><br /></p><p> Now, I did purchase one copy of the Blue book before and it was shocking. (Supposedly what dealers are able to buy coins for.) Everybody should look at that book at least once and compare with other sources. Maybe people should only buy blue books and go from there? I just don't think you'll find a dealer anywhere who's going to sell anything anywhere near those prices. They're going to laugh at you. </p><p><br /></p><p> All I know is that I've been to about 8 shows over the past couple of years and the dealers go to a bottom dollar and it stops. You either take it or leave it. If I was supposed to hold out for what some people believe current pricing should be on here, I'd go home empty handed every time. And the shows usually have better deals than ebay, IME.[/QUOTE]</p><p><br /></p>
[QUOTE="Vess1, post: 1047020, member: 13650"]Then the best that can be said for ebay is that the pricing is completely inconclusive for most issues. There's no way to know the exact percentage of people who know what's going on and those who don't. We just know there are "many". We don't know that they are the vast majority or how many have a mix of decent knowledge in between. For modern proofs and commemoratives, ebay is probably a reasonable guide. With those you have more known's, many examples sold, less factors involved. For anything else, throw in the fact that 10 different knowledgeable people may give 10 different values for the same coin on a given day. And their opinions may change the next day. There is no definitive answer. There can only be guides. And it seems no matter what is printed anywhere, people believe they should be able to buy the coin for X% less than any guide's price. That's the only consensus we have, which I'm afraid is not very valuable to the OP'er. Now, I did purchase one copy of the Blue book before and it was shocking. (Supposedly what dealers are able to buy coins for.) Everybody should look at that book at least once and compare with other sources. Maybe people should only buy blue books and go from there? I just don't think you'll find a dealer anywhere who's going to sell anything anywhere near those prices. They're going to laugh at you. All I know is that I've been to about 8 shows over the past couple of years and the dealers go to a bottom dollar and it stops. You either take it or leave it. If I was supposed to hold out for what some people believe current pricing should be on here, I'd go home empty handed every time. And the shows usually have better deals than ebay, IME.[/QUOTE]
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