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<p>[QUOTE="NPCoin, post: 3987629, member: 5629"][USER=9270]@kanga[/USER] originally asked:</p><p><br /></p><p><br /></p><p>From there, the thread seems to have gone onto opinionated explanations as to why <b>none</b> of them should be used or how dealers should set up their retail pricing schemes accordingly. Personally, I'm fine with that, but that is not the focus of the OP's original posting. He also pretty much gave the reason for asking:</p><p> (emphasis added)</p><p><br /></p><p>Those two things pretty much stuck out at me when I first started reading this thread a few minutes ago. Yet, a lot of the responses have centered around using the very methods that were ruled out in the beginning.</p><p><br /></p><p>Randy and cpm9ball both referenced the use of CDN publications as helpful. Santinidollar mentioned he used two of the publications you do "as advisory". I believe imrich gave great advise with:</p><p><br /></p><p><br /></p><p>I believe GD gave the best adivce for you right off the bat:</p><p><br /></p><p><br /></p><p>I would suggest that you can put your own notes directly on the guide of your choice since I would assume it is something that you intend to carry around with you as you go to shows or your LCS or flea market, etc. You know what it is you are on the hunt for, so I would suggest "doing your homework" each month at your leisure for those particular coins and putting your notes in your guide accordingly.</p><p><br /></p><p>You can do something like highlight each coin/series by trend with fluorescent highlighter. Pink shows an historic downward trend, green an upward. These trends do not necessarily reflect current market liquidity, but gives you a pretty good idea. This can help in bargaining.</p><p><br /></p><p>Jotting down some real world realized pricing on your guide for those coins you know you have an interest in (I would use percentages of your guide's published price) can help you get a feel for the current market in the series. This can help you get a ballpark of what you might expect with other coins within the series that you did not actually research.</p><p><br /></p><p>Of course, especially at a show, if the price is not within expectations from your "homework", walk the bourse and get real time pricing from the many dealers that may have the same or similar coins. Always take notes.</p><p><br /></p><p>The only true price of a coin lays in the agreement between the one who is asking a price and the one who is willing to pay a price. But your guide can most certainly be used as exactly that...a guide. Let it guide you in the direction you should go, but remember, it is not written on stone...only paper...and that paper is probably worth more than that which is written on it according to some. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie2" alt=";)" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>
[QUOTE="NPCoin, post: 3987629, member: 5629"][USER=9270]@kanga[/USER] originally asked: From there, the thread seems to have gone onto opinionated explanations as to why [B]none[/B] of them should be used or how dealers should set up their retail pricing schemes accordingly. Personally, I'm fine with that, but that is not the focus of the OP's original posting. He also pretty much gave the reason for asking: (emphasis added) Those two things pretty much stuck out at me when I first started reading this thread a few minutes ago. Yet, a lot of the responses have centered around using the very methods that were ruled out in the beginning. Randy and cpm9ball both referenced the use of CDN publications as helpful. Santinidollar mentioned he used two of the publications you do "as advisory". I believe imrich gave great advise with: I believe GD gave the best adivce for you right off the bat: I would suggest that you can put your own notes directly on the guide of your choice since I would assume it is something that you intend to carry around with you as you go to shows or your LCS or flea market, etc. You know what it is you are on the hunt for, so I would suggest "doing your homework" each month at your leisure for those particular coins and putting your notes in your guide accordingly. You can do something like highlight each coin/series by trend with fluorescent highlighter. Pink shows an historic downward trend, green an upward. These trends do not necessarily reflect current market liquidity, but gives you a pretty good idea. This can help in bargaining. Jotting down some real world realized pricing on your guide for those coins you know you have an interest in (I would use percentages of your guide's published price) can help you get a feel for the current market in the series. This can help you get a ballpark of what you might expect with other coins within the series that you did not actually research. Of course, especially at a show, if the price is not within expectations from your "homework", walk the bourse and get real time pricing from the many dealers that may have the same or similar coins. Always take notes. The only true price of a coin lays in the agreement between the one who is asking a price and the one who is willing to pay a price. But your guide can most certainly be used as exactly that...a guide. Let it guide you in the direction you should go, but remember, it is not written on stone...only paper...and that paper is probably worth more than that which is written on it according to some. ;)[/QUOTE]
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