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<p>[QUOTE="bigjpst, post: 1418545, member: 21015"]The Grey Sheet, Numismedia, and any other price guides are just that, guides. They are completely wrong on some coins listed, and what the dealer paid almost always has everything to do with what they sell for. Premium quality and colorfully toned coins are a perfect example. People, including dealers will pay sometimes multiples of any price guide for premium quality coins.</p><p> </p><p>I hear this discussion at almost every show I go to recently,(usually someone trying to haggle with a dealer over gold bullion) Dealer: I just paid x, so I need to sell for y . Customer: thats not my fault you paid too much , gold is only z , you should sell to me for a loss. I can see where a person would expect to pay a certain amount for bullion or coins that are basically priced at their bullion value, but a coin with a numismatic value is not the same as bullion.[/QUOTE]</p><p><br /></p>
[QUOTE="bigjpst, post: 1418545, member: 21015"]The Grey Sheet, Numismedia, and any other price guides are just that, guides. They are completely wrong on some coins listed, and what the dealer paid almost always has everything to do with what they sell for. Premium quality and colorfully toned coins are a perfect example. People, including dealers will pay sometimes multiples of any price guide for premium quality coins. I hear this discussion at almost every show I go to recently,(usually someone trying to haggle with a dealer over gold bullion) Dealer: I just paid x, so I need to sell for y . Customer: thats not my fault you paid too much , gold is only z , you should sell to me for a loss. I can see where a person would expect to pay a certain amount for bullion or coins that are basically priced at their bullion value, but a coin with a numismatic value is not the same as bullion.[/QUOTE]
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