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<p>[QUOTE="GDJMSP, post: 1473998, member: 112"]First of all it's not simple to improve it, it is extremely difficult. The reason they are all so inaccurate is because of the sources they use to establish the prices.</p><p><br /></p><p><br /></p><p><br /></p><p>Yeah, it does. But most people don't even notice that.</p><p><br /></p><p><br /></p><p><br /></p><p>Again, simple - because it helps them make money. That and that alone is the primary reason that price guides even exist. Also, it costs a great deal of money to build a price guide with any degree of accuracy. They would rather do what they do than spend that money.</p><p><br /></p><p>Now then, let me point out another issue. You pick a coin like a '41-S Walker in MS65. Actual realized prices, within the same time period, vary within a range from $575 - $977. Or a '27-D SLQ in MS65 FH, realized prices for that one vary from $1955 to $3737. </p><p><br /></p><p>What kind of price do you put in the price guide for those ? Answer - you can't. And the reason you can't is because the prices are 100% dependent upon the coin itself because every single coin there is, is unique. Almost all coins, even in the exact same grade - one can easily be worth double what the other is. And that is without any attractive toning to muddy the waters even more.</p><p><br /></p><p>This is one of the biggest reasons <u>why</u> price guides are worthless.[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 1473998, member: 112"]First of all it's not simple to improve it, it is extremely difficult. The reason they are all so inaccurate is because of the sources they use to establish the prices. Yeah, it does. But most people don't even notice that. Again, simple - because it helps them make money. That and that alone is the primary reason that price guides even exist. Also, it costs a great deal of money to build a price guide with any degree of accuracy. They would rather do what they do than spend that money. Now then, let me point out another issue. You pick a coin like a '41-S Walker in MS65. Actual realized prices, within the same time period, vary within a range from $575 - $977. Or a '27-D SLQ in MS65 FH, realized prices for that one vary from $1955 to $3737. What kind of price do you put in the price guide for those ? Answer - you can't. And the reason you can't is because the prices are 100% dependent upon the coin itself because every single coin there is, is unique. Almost all coins, even in the exact same grade - one can easily be worth double what the other is. And that is without any attractive toning to muddy the waters even more. This is one of the biggest reasons [U]why[/U] price guides are worthless.[/QUOTE]
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