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<p>[QUOTE=&quot;rodeoclown, post: 1325465, member: 34005&quot;]First rule I follow as a collector, not as an investor, buy the coin, not the grade or slab. If you like the coin, set the price your willing to pay. What the true value is what you want it to be valued at, just others aren&#039;t going to likely agree with you at times.</p><p><br /></p><p>Price guides are exactly what they say they are, a guide. They pull statistics on sales and try to determine a median on such numbers to give an overall value of a particular coin. What you see on eBay is what people are willing to pay, sometimes it&#039;s lower than the price guide, sometimes it&#039;s way higher than the price guide values it at.</p><p><br /></p><p>Now the second rule, only use the guide to get an idea of what people are willing to buy a coin at the given price, but ultimately the final price if it&#039;s you that is buying is determined by you in most cases.</p><p><br /></p><p>When you talk about people buying coins at 70% of their price guide value, these are usually dealers. They deal to make money. It&#039;s like taking your stuff to a pawn shop, if the item is worth $1000, why would the pawn shop buy it from you for $1000 to then sell it for $1000? They&#039;d go out of business if they did that, same applies to dealers and what they&#039;re willing to pay.</p><p><br /></p><p>As for melt, well, consider them dealers as well, if they gave you actual melt value only to turn around to sell it at the actual value, they&#039;d make no money but actually lose money in labor costs so they wouldn&#039;t be in business for too long.</p><p><br /></p><p>Hope some of this info helps.[/QUOTE]</p><p><br /></p>

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