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<p>[QUOTE=&quot;BooksB4Coins, post: 2287373, member: 36230&quot;]I remember this from the other thread, so considering your goals, may I ask if you&#039;ve ever actually looked at the CDN (greysheet)? If not, perhaps you should order a sampler pack. </p><p><br /></p><p>With that said though, you&#039;re entering into the age old problem of how to reasonably value coins. People are going to tell you not to follow the red book, supposedly due to its being &quot;outdated&quot; by the time it is released each year, but the reality is that the problem is where the values come from. One is not going to be able to go back to a time in the previous year and say the values within were spot on on this date or that date because they were never good in the first place. While most red book values are generally on the high side for average specimens, there are exceptions, but one has to generalize, it is essentially a high retail <i>guide</i>. The CDN is generally better, but it&#039;s usually better only for commonly traded material, and even then there again are many exceptions. One you get into the supplements, it can rightfully be said that many listed values are wholly unrealistic. Pricing/valuing a coin, at least beyond those well into the widget category, just isn&#039;t always as easy as looking at a guide or saying X coin in X grade is worth $X because not all are equal, even in the same grade. Researching end prices for comparable examples is probably the best way, but doesn&#039;t really help in your situation. Do you see where I am trying to go with this?</p><p><br /></p><p>With that said though, if one of the two were to be included in a &quot;kit&quot;, the red book would be the obvious choice, not for pricing, but for the other valuable information within.</p><p><br /></p><p>As for you selling some sort of &quot;starter set&quot;, have you yet done your homework to see if there&#039;s even a market for such a thing (which I respectfully doubt)? It&#039;s certainly noble to want to help people if that&#039;s your only true goal, but if this idea would need to turn a real-life profit, there has to be a demand or else you&#039;re going to sink. As I tried to stress in the other thread, small businesses designed to fit one&#039;s interests often fail and for good reason; potential customers are not going to spend money on what you want them to. You may think this the greatest idea since sliced bread, but if your targeted clientele do not feel the same, they&#039;re not going to buy and is as simple as that. Have you yet played with all the necessary numbers to see if this idea is remotely viable? Have you figured out where you&#039;re going to reliably acquire inventory to stock the sets? A steady supply of books/guides is easy; coins not so much depending on what you use, and I could go on and on. I just would hate to see you invest your time and money into something that has no real chance of succeeding. Gimmicks are tough in this business and really only work for certain larger companies who can invest significantly in reaching their targeted buyers. Unfortunately, if there was a demand for coin collector starter sets, you would likely find them all over ebay. This type of thing is not a new idea, and there are literally thousands and thousands of people out there who would jump at the chance to profit from something so easily put together if the demand was only there.</p><p><br /></p><p>&nbsp;If you insist on doing this, please take it slow and test the waters before jumping in, and get feedback from those with more experience in coins as a business before you do. Again, I wish you luck.[/QUOTE]</p><p><br /></p>

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