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Okay so if the rebook is not a good price guide for coins.
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<p>[QUOTE="omahaorange, post: 1343825, member: 28199"]I haven't been a big Detecto fan recently, but he asks a legitimate question for which there seems to be no definitive answer.</p><p><br /></p><p>I didn't say Numismedia is the be all-end all price guide, but threw it out as another tool. The correct answer to his question is... there is no single price guide to use. Use of the multiple tools suggested here aids in the research for a price to offer or pay for a particular coin. The key is knowing what you want, then doing the math before you throw out an offer, rather than randomly buying coins (unlike coins for bullion value, which wll always be worth the price of the precious metal they contain, dictated by the spot price). Supply and demand dictate coin prices to a large extent. This is why researching eBay's <b>completed</b> auction listings can be another tool. If one person bid $150 for a particular coin, but 10 others bought a similar one for $20, it's a good guess that the coin is worth about $20. If you want particular coin bad enough, only you can decide how much you're willing to pay.</p><p><br /></p><p>Again, my suggestion is to know what you want, use multiple sources, come up with an average, then make your offer.[/QUOTE]</p><p><br /></p>
[QUOTE="omahaorange, post: 1343825, member: 28199"]I haven't been a big Detecto fan recently, but he asks a legitimate question for which there seems to be no definitive answer. I didn't say Numismedia is the be all-end all price guide, but threw it out as another tool. The correct answer to his question is... there is no single price guide to use. Use of the multiple tools suggested here aids in the research for a price to offer or pay for a particular coin. The key is knowing what you want, then doing the math before you throw out an offer, rather than randomly buying coins (unlike coins for bullion value, which wll always be worth the price of the precious metal they contain, dictated by the spot price). Supply and demand dictate coin prices to a large extent. This is why researching eBay's [B]completed[/B] auction listings can be another tool. If one person bid $150 for a particular coin, but 10 others bought a similar one for $20, it's a good guess that the coin is worth about $20. If you want particular coin bad enough, only you can decide how much you're willing to pay. Again, my suggestion is to know what you want, use multiple sources, come up with an average, then make your offer.[/QUOTE]
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Okay so if the rebook is not a good price guide for coins.
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