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<p>[QUOTE="TheOverman, post: 219602, member: 8268"]I'm new to coins and I wanted to find the values of my coins. I purchased a copy of the new 2008 Red Book. I have found their values to be inflated. I buy random coins that I like and I figured the Red Book would be a good way to see if I am over paying for my coins. It seems that it does work that way. If I pay higher than Red Book, it was probably a stupid deal, but Red Book does not seem to be terribly accurate. I understand how markets work; coins are worth the price that a buyer is willing to pay, but come on. I don’t have the time to follow auctions for each coin. I am wondering if there is a trick to Red Book like only paying 1/2 or 2/3 of the listed value. What do you suggest to get a decent assessment of valuations without keeping a close eye on auctions?</p><p><br /></p><p>TheOverman[/QUOTE]</p><p><br /></p>
[QUOTE="TheOverman, post: 219602, member: 8268"]I'm new to coins and I wanted to find the values of my coins. I purchased a copy of the new 2008 Red Book. I have found their values to be inflated. I buy random coins that I like and I figured the Red Book would be a good way to see if I am over paying for my coins. It seems that it does work that way. If I pay higher than Red Book, it was probably a stupid deal, but Red Book does not seem to be terribly accurate. I understand how markets work; coins are worth the price that a buyer is willing to pay, but come on. I don’t have the time to follow auctions for each coin. I am wondering if there is a trick to Red Book like only paying 1/2 or 2/3 of the listed value. What do you suggest to get a decent assessment of valuations without keeping a close eye on auctions? TheOverman[/QUOTE]
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Red Book Values arrrrggggg!
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