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<p>[QUOTE="johnmilton, post: 4169415, member: 101855"]Prices for collectables are not carved in stone. The market for regular issue U.S. coins is probably the best organized. If you are buying and selling tokens and medals, you need to know a lot more about the market you are serving if you are dealer. That are some price guides, but they are only a small piece of the puzzle. You need to know your customers, what they want and decent idea as to what they are willing to pay. In other words, you have to think like a collector, if you are going to be a successful dealer.</p><p><br /></p><p>The same applies for medieval and ancient coins. Some the price guides have not been updated in years. You have to look at the auction results and also judge coins by their popularity among collectors.[/QUOTE]</p><p><br /></p>
[QUOTE="johnmilton, post: 4169415, member: 101855"]Prices for collectables are not carved in stone. The market for regular issue U.S. coins is probably the best organized. If you are buying and selling tokens and medals, you need to know a lot more about the market you are serving if you are dealer. That are some price guides, but they are only a small piece of the puzzle. You need to know your customers, what they want and decent idea as to what they are willing to pay. In other words, you have to think like a collector, if you are going to be a successful dealer. The same applies for medieval and ancient coins. Some the price guides have not been updated in years. You have to look at the auction results and also judge coins by their popularity among collectors.[/QUOTE]
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