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<p>[QUOTE=&quot;kaparthy, post: 989212, member: 57463&quot;]Even Greysheet is only an aggregate of opinions.&nbsp; The poster &quot;rlm&#039;s cents&quot; is not alone in assuming that it is more accurate or precise than the Red Book or Coin Values or the Standard Catalog or even eBay sales. </p><p><br /></p><p>I agree with &quot;rlm&#039;s cents&quot; that active sales are what counts.&nbsp; Though, I also keep in mind that the past does not exist: past price is irrelevant.&nbsp; Future price is more important, but all that counts, really, is the present price: how much this buyer will pay.&nbsp; Period.</p><p><br /></p><p>And you still have to know the context.&nbsp; I have been at ANA convention auctions where terrific coins went unsold and where dealers drove each other to the wall for prices many times more than the estimated price with the whole room wondering what these two guys knew that no one else did.</p><p><br /></p><p>The Red Book is fine.&nbsp; At a convention, lots of people carry Greysheets to think that they can pass for &quot;dealers.&quot;&nbsp; Myself, I figure everyone is a dealer: we all buy and sell.&nbsp; I carry the Red Book ... <b>from 1973</b> ... all marked up with stuff pasted in and my own charts and tables drawn by hand in the back...&nbsp; Like this note pasted in: &quot;14.7 million Large Cents melted from 1871-1881.&quot; All Large Cents are potentially underpriced as the mintage figures are misleading. </p><p><br /></p><p>There&#039;s a guy who swears that silver Washington Quarters are going to be rare, if they aren&#039;t already, because so many were melted.</p><p><br /></p><p>My 1973 Redbook and my 2007 Redbook and my new Professional Edition all claim that 1837 Dimes and 1836 Dimes have the same price, even though the 36 has three times more mintage, making the 37 a steal at that price (maybe).&nbsp; Bust Dime collectors feel differently about it, often bemoaning the lack of worthwhile material at any price.</p><p><br /></p><p>Whatever you price your coins at, the buyer is going at ask if you will sell this one for a lower price.&nbsp; You code your coins to know what you paid for them, and you never worry about the profits, no matter how small because it will be the losses that keep you awake at night.[/QUOTE]</p><p><br /></p>

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