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<p>[QUOTE="kanga, post: 322730, member: 9270"]Common sources for pricing coins:</p><p> </p><p>1. Red Book - forget it; printed once a year, so there's <u>no</u> way the prices can be realistic.</p><p>Just look at the price of precious metals over the last year; no way that could have been factored in.</p><p>Use it for IDing coins and relative value.</p><p> </p><p>2. <i>Coin Values</i> - Now you're getting closer to the truth.</p><p>At least you're getting a monthly update about the retail value of coins.</p><p> </p><p>3. CDN - Closer yet.</p><p>Now you're at the weekly updated level for the wholesale value of coins.</p><p> </p><p>(NOTE: As <b>Treashunt</b> mentioned there's still a publication delay. And values aren't changed unless there's enough transactions to show a change. IMO that's why <i>Coin Values</i> and CDN are often way out of wack, even considering wholesale vs. retail.)</p><p> </p><p>4. eBay - You want to know what people are paying <u>now</u>, check eBay's complete auctions.</p><p>Of course you have to account for in the "noobie" factor.</p><p> </p><p>5. Other Auction Results - If you can access them, you probably can't get much better info than that.</p><p>Problem is they are limited to mid- and high-priced coins.</p><p>The 1964-D MS-66 coin just won't be there.[/QUOTE]</p><p><br /></p>
[QUOTE="kanga, post: 322730, member: 9270"]Common sources for pricing coins: 1. Red Book - forget it; printed once a year, so there's [U]no[/U] way the prices can be realistic. Just look at the price of precious metals over the last year; no way that could have been factored in. Use it for IDing coins and relative value. 2. [I]Coin Values[/I] - Now you're getting closer to the truth. At least you're getting a monthly update about the retail value of coins. 3. CDN - Closer yet. Now you're at the weekly updated level for the wholesale value of coins. (NOTE: As [B]Treashunt[/B] mentioned there's still a publication delay. And values aren't changed unless there's enough transactions to show a change. IMO that's why [I]Coin Values[/I] and CDN are often way out of wack, even considering wholesale vs. retail.) 4. eBay - You want to know what people are paying [U]now[/U], check eBay's complete auctions. Of course you have to account for in the "noobie" factor. 5. Other Auction Results - If you can access them, you probably can't get much better info than that. Problem is they are limited to mid- and high-priced coins. The 1964-D MS-66 coin just won't be there.[/QUOTE]
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Question about price guides??
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