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<p>[QUOTE=&quot;Vess1, post: 467417, member: 13650&quot;]I know this is a really general question with no definitive answer.&nbsp; I ask only because I personally have found the Red book to work surprisingly well on most coin prices throughout the year.&nbsp; &nbsp; The prices are usually within 5-10% if not dead on, compared to what I&#039;m seeing coins go for on ebay.&nbsp; For all except the hottest movers such as early Lincoln prices.</p><p><br /></p><p>&nbsp; That being said, is the Blue book in general, relatively as close to what dealers are actually getting at wholesale?&nbsp; &nbsp; The only reason I have a blue book is because it came free as a promo with an order I made.&nbsp; Otherwise I probably wouldn&#039;t have ever purchased one but I&#039;m glad I have it now.&nbsp;&nbsp; </p><p><br /></p><p>&nbsp; <b>For anyone that doesn&#039;t have one, as a buyer, it has given me a lot of confidence in negotiating coin prices and not feeling guilty about it.</b>&nbsp; It&#039;s interesting to see how something such as $5 gold Indian half eagles don&#039;t appear to have that much mark up compared to other denominations which seem to have huge mark ups!</p><p><br /></p><p>&nbsp; Short story.....</p><p><br /></p><p>&nbsp; There&#039;s a buyer that I have purchased from in the past.&nbsp;&nbsp; Recently I found a coin they had that I wanted.&nbsp; It was a buy it now or best offer.&nbsp; The grade given was a 100% price jump from the next lower grade.&nbsp; I graded it myself and did not come up with the same opinion, being fair about it, using my ANA 6th edition and Heritage auctions as a reference.</p><p><br /></p><p>&nbsp;&nbsp;&nbsp; I discussed my findings and the seller ended up letting it go to me for 35% less than the buy it now price.&nbsp;&nbsp; I believe it&#039;s still possible that it wasn&#039;t a great deal for me.&nbsp; &nbsp; If the blue book is any indication of what this person got it for, even ball park,&nbsp; they STILL made good profit on this sale.&nbsp; </p><p><br /></p><p>&nbsp; Even though I love this coin (and it may be my new avatar soon) I would not have purchased it for any more than I did and I feel it was more of a fair price than a steal, at 35% off.&nbsp; &nbsp; Maybe in a better economy, this transaction wouldn&#039;t have happened?&nbsp;&nbsp; I know dealers need to make money too but I think there&#039;s a difference between being&nbsp; reasonably fair, and&nbsp; being ruthless.&nbsp;&nbsp; </p><p><br /></p><p>&nbsp; Bottom line, how reasonable of a guide is the blue book for the average series?&nbsp;&nbsp; (Realizing that prices listed go out the window if a certain series gets hot over the course of the year.)&nbsp;&nbsp; If I can get an honest answer.&nbsp; <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie9" alt=":eek:" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>

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