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<p>[QUOTE=&quot;Cloudsweeper99, post: 82052, member: 3011&quot;]I would suggest a two step approach to pricing that I&#039;ve found useful.&nbsp; First, I look at recently completed auctions and internet dealer prices to see what I&#039;ll probably have to pay if I want to buy a particular.&nbsp; Second, I look back through price guides such as the Redbook to get a feel for the range of prices that have existed for the coin in question.&nbsp; In my case, I go back as far as 1997.&nbsp; I suspect many astute collectors can do this intuitively because of their deep knowlege of where coin prices have been in the past.&nbsp; But I have to look it up.</p><p><br /></p><p>Sometimes having very accurate and up to the minute auction pricing doesn&#039;t necessarily mean that a desirable coin is currently priced fairly.&nbsp; Sometimes historical pricing will help identify a current bargain, and it might be worth paying a premium to the most recent prices to get it on the expectation that prices will return to &quot;normal.&quot;&nbsp; </p><p><br /></p><p>A lot depends on just how badly you want the coin.&nbsp; If you can&#039;t walk away from a transaction, there is a cost involved.[/QUOTE]</p><p><br /></p>

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