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<p>[QUOTE="ck1of2, post: 1815371, member: 57139"]I think the main problem with this hobby (career for some) and dealing with this topic is that the values of coins can be so subjective. </p><p><br /></p><p>I think, not to completely hijack this thread, if I would have to answer the OP, the Red Book is only one source to valuate the coin in question. Unfortunately their will not a a definitive answer to how much a coin is worth. It comes down to using all your resources to make a clear judgment to determine a price that your comfortable paying or selling a coin. </p><p><br /></p><p>It is a constant learning process. In fact that is why I chose to read this thread, to learn other individuals point of views on how coins are valued. </p><p><br /></p><p>GDJMSP, I appreciate your input and do understand your point, although I think we have different view points on "overpaying" for a coin. The only way to avoid such instances is to educate the misinformed individuals that "overpay" for coins so to make all that is right in the numismatic arena.[/QUOTE]</p><p><br /></p>
[QUOTE="ck1of2, post: 1815371, member: 57139"]I think the main problem with this hobby (career for some) and dealing with this topic is that the values of coins can be so subjective. I think, not to completely hijack this thread, if I would have to answer the OP, the Red Book is only one source to valuate the coin in question. Unfortunately their will not a a definitive answer to how much a coin is worth. It comes down to using all your resources to make a clear judgment to determine a price that your comfortable paying or selling a coin. It is a constant learning process. In fact that is why I chose to read this thread, to learn other individuals point of views on how coins are valued. GDJMSP, I appreciate your input and do understand your point, although I think we have different view points on "overpaying" for a coin. The only way to avoid such instances is to educate the misinformed individuals that "overpay" for coins so to make all that is right in the numismatic arena.[/QUOTE]
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