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<p>[QUOTE="Cherd, post: 1473362, member: 24754"]I agree, I have found that the Greysheet is the most consistently accurate representation of actual selling prices. But then there's an issue, does the Greysheet reflect sale prices, or do sale prices reflect the Greysheet? It's easy to be accurate if everyone is using your values to determine price. Another issue is that Greysheet only pertains to US coins.</p><p><br /></p><p><br /></p><p><br /></p><p>I joined 2 years ago and made a few posts in the roll searcher's forum, but I've really only been active in the forums for the last few months or so. I do not recall a specific instance, but I'm sure that you have said these things many times before. For future reference, I would never ignore you Man!! <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie2" alt=";)" unselectable="on" unselectable="on" /></p><p><br /></p><p>I already had a general understanding about price guide accuracy, and was not intending to make that the general point of the thread. The specific issue that I was addressing was the innate in-accuracy of the Mexican coin price guide listed at the NGC website. Based on the identical nature of the book-website values, it is clear that this listing has not been maintained. It is also clear that the prices do not reflect reality.</p><p><br /></p><p>This isn't some JoeBob's coin publication or website, it's NGC. Since there is not a Greysheet equivalent for foreign coins, it would make sense for collectors to assume that the NGC website would be a reliable place to go for making price determinations, especially for NGC graded coins. So the specific issues that I was addressing were:</p><p><br /></p><p>-Why is the price guide so horribly inaccurate when it would be fairly simple to improve?</p><p>-The current price guide obviously hasn't been updated for at least 3 years, doesn't this point to an apparent problem?</p><p>-If they are not going to maintain the accuracy of the price guide then why do they continue to post it? It's junk, either put some effort into maintaining it or do the responsible thing and take it down.[/QUOTE]</p><p><br /></p>
[QUOTE="Cherd, post: 1473362, member: 24754"]I agree, I have found that the Greysheet is the most consistently accurate representation of actual selling prices. But then there's an issue, does the Greysheet reflect sale prices, or do sale prices reflect the Greysheet? It's easy to be accurate if everyone is using your values to determine price. Another issue is that Greysheet only pertains to US coins. I joined 2 years ago and made a few posts in the roll searcher's forum, but I've really only been active in the forums for the last few months or so. I do not recall a specific instance, but I'm sure that you have said these things many times before. For future reference, I would never ignore you Man!! ;) I already had a general understanding about price guide accuracy, and was not intending to make that the general point of the thread. The specific issue that I was addressing was the innate in-accuracy of the Mexican coin price guide listed at the NGC website. Based on the identical nature of the book-website values, it is clear that this listing has not been maintained. It is also clear that the prices do not reflect reality. This isn't some JoeBob's coin publication or website, it's NGC. Since there is not a Greysheet equivalent for foreign coins, it would make sense for collectors to assume that the NGC website would be a reliable place to go for making price determinations, especially for NGC graded coins. So the specific issues that I was addressing were: -Why is the price guide so horribly inaccurate when it would be fairly simple to improve? -The current price guide obviously hasn't been updated for at least 3 years, doesn't this point to an apparent problem? -If they are not going to maintain the accuracy of the price guide then why do they continue to post it? It's junk, either put some effort into maintaining it or do the responsible thing and take it down.[/QUOTE]
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