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<p>[QUOTE=&quot;Cherd, post: 1473237, member: 24754&quot;]Thanks for the links diggit, not sure if I&#039;ve been through them yet, but I&#039;ll check them out when I get home. I know that there are multiple sources for obtaining coin pricing information, and for determining appropriate coin prices based on sales records. When it comes to US coins, these sources tend to be fairly consistent with one another, and typically are pretty representative of actual sale prices. But I do not think that this consistency and accuracy extend to non-US coinage.</p><p><br /></p><p><br /></p><p><br /></p><p>I&#039;m not overly concerned about the price guides that I mentioned as they pertain to MY purchases. I do my homework before buying a coin, referencing multiple pricing sources and checking recent sales records before determining what to spend. The problem is that the existence of these highly inaccurate price guides could be used to exploit people that lack the required knowledge. It could be said that a person who fails to properly educate themselves will get what they deserve, but the exploitation tool is available non-the-less. I just feel that if an organization represents themselves as a provider of pricing information, then they should assume the responsibility of making the information as accurate as possible.</p><p><br /></p><p>The existence of these price listings also makes it difficult to buy coins at fair market value. Just look at eBay, a lot of people have their graded Mexican coins listed at the NGC price guide value, and NONE of them sell. I contact them to make a fair offer and they feel as though I&#039;ve insulted them. They say, &quot;This coin books for Blah dollars&quot;, at which point I simply say, &quot;Well, those price guides are wrong&quot;. A buyer has every right to ask whatever they want for their property, and to them it seems reasonable to expect what is listed in the guide. If the price guides were more accurate, then the buying and selling process would be much more efficient.[/QUOTE]</p><p><br /></p>

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