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<p>[QUOTE="GDJMSP, post: 17657, member: 112"]As satootoko has said - the values listed in Krause can be all over the board. Krause is no different than any other price guide - it is only a guide. It would never be wise to buy any coin based on the value listed in a price guide.</p><p><br /></p><p>But to offer a little insight - the price any given coin sells for depends entirely on who is buying it - nothing else. Many, many times I have seen two coins, identical in every way, sell for vastly different prices within a week or so. Sometimes these prices can vary by 100% or more. And yet the two coins were identical. </p><p><br /></p><p>You see - for some coins the market is very thin. That means there simply are not that many people who want it. There may be one or two or there may be a 100,000. But when only a few want a particular coin - they might pay outrageous prices to obtain it. But after they have it - nobody else wants one. So any additional coins sell much for much lower prices. And the buyer is normally someone who bought it to possibly sell later.</p><p><br /></p><p>So bottom line - if you like the coin, you can afford it and you think it is worth the price asked - buy it. Otherwise walk away.[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 17657, member: 112"]As satootoko has said - the values listed in Krause can be all over the board. Krause is no different than any other price guide - it is only a guide. It would never be wise to buy any coin based on the value listed in a price guide. But to offer a little insight - the price any given coin sells for depends entirely on who is buying it - nothing else. Many, many times I have seen two coins, identical in every way, sell for vastly different prices within a week or so. Sometimes these prices can vary by 100% or more. And yet the two coins were identical. You see - for some coins the market is very thin. That means there simply are not that many people who want it. There may be one or two or there may be a 100,000. But when only a few want a particular coin - they might pay outrageous prices to obtain it. But after they have it - nobody else wants one. So any additional coins sell much for much lower prices. And the buyer is normally someone who bought it to possibly sell later. So bottom line - if you like the coin, you can afford it and you think it is worth the price asked - buy it. Otherwise walk away.[/QUOTE]
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Proof Coin Value, please help
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