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<p>[QUOTE="GDJMSP, post: 3128023, member: 112"]To explain it all would take a good deal of writing so I'll just try and keep it brief. Short and sweet, CDN used to be a good thing because they based their listed values on real world prices from the electronic dealer's market - current Low Ask, and current High Bid. They had done it that way since 1960. A few years ago, I dunno if it's 2, 3, or 4 now but that's pretty close - they quit doing that. Now they are doing it the same way all price guides do - they base values on their opinions, not established numbers. So, as I said, my opinion, you should just ignore the CDN.</p><p><br /></p><p>The best way there is to determine the current value of any coin is to do your own research on realized prices from the big auction houses. Completely ignore ebay !!</p><p><br /></p><p>As Chris, medoraman, said above -</p><p><br /></p><p><br /></p><p><br /></p><p>You have to learn how to do that ! And you do it by studying the coins. He mentioned there is variability, but few realize just much variability there is. It is not uncommon for a given coin, same date/mint, same TPG, same grade - to sell for as much as 20, 50, sometimes 100% more than another coin just like it !</p><p><br /></p><p>Your job is to figure out why. The answer is really quite simple - it's because one coin is nicer than the other - no two coins are ever equal. And people who know coins know that, and they know how to recognize the nice ones when they see them. And when they do, they pay for them ![/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 3128023, member: 112"]To explain it all would take a good deal of writing so I'll just try and keep it brief. Short and sweet, CDN used to be a good thing because they based their listed values on real world prices from the electronic dealer's market - current Low Ask, and current High Bid. They had done it that way since 1960. A few years ago, I dunno if it's 2, 3, or 4 now but that's pretty close - they quit doing that. Now they are doing it the same way all price guides do - they base values on their opinions, not established numbers. So, as I said, my opinion, you should just ignore the CDN. The best way there is to determine the current value of any coin is to do your own research on realized prices from the big auction houses. Completely ignore ebay !! As Chris, medoraman, said above - You have to learn how to do that ! And you do it by studying the coins. He mentioned there is variability, but few realize just much variability there is. It is not uncommon for a given coin, same date/mint, same TPG, same grade - to sell for as much as 20, 50, sometimes 100% more than another coin just like it ! Your job is to figure out why. The answer is really quite simple - it's because one coin is nicer than the other - no two coins are ever equal. And people who know coins know that, and they know how to recognize the nice ones when they see them. And when they do, they pay for them ![/QUOTE]
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