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<p>[QUOTE="BooksB4Coins, post: 1823788, member: 36230"]Generally speaking, red book values are usually on the high side, and this is especially true for more common/readily available material, but as mentioned before, there are exceptions. I could list more than a few (non variety) coins that I would happily pay full red book for in no problem conditions, and would still yield a very reasonable return.</p><p><br /></p><p>As for the shops, all depends on the individual dealer; some may price using the red book, CDN, trends, or another magazine that overvalues most coins, but reprice depending on the buyer, while others will take what they can get. Keep in mind that all shops are not the same, and depending on what you're interested in, may not be the best place to buy, especially if you do not have a relationship with the dealer. In my area, there are a number of shops that are great places to overpay and/or get stuck with raw problems if one does not know what they're doing, and each prices using either the red book or trends. If the red book seems low compared to your dealer's prices, unless you're talking about select scarce to rare material, unless there are considerations not addressed in the book, or unless he reprices for you, it may be a good idea to take your business elsewhere. Depending on what you buy, there very well may be nearby dealers offering better prices and service even though they do not own shops.[/QUOTE]</p><p><br /></p>
[QUOTE="BooksB4Coins, post: 1823788, member: 36230"]Generally speaking, red book values are usually on the high side, and this is especially true for more common/readily available material, but as mentioned before, there are exceptions. I could list more than a few (non variety) coins that I would happily pay full red book for in no problem conditions, and would still yield a very reasonable return. As for the shops, all depends on the individual dealer; some may price using the red book, CDN, trends, or another magazine that overvalues most coins, but reprice depending on the buyer, while others will take what they can get. Keep in mind that all shops are not the same, and depending on what you're interested in, may not be the best place to buy, especially if you do not have a relationship with the dealer. In my area, there are a number of shops that are great places to overpay and/or get stuck with raw problems if one does not know what they're doing, and each prices using either the red book or trends. If the red book seems low compared to your dealer's prices, unless you're talking about select scarce to rare material, unless there are considerations not addressed in the book, or unless he reprices for you, it may be a good idea to take your business elsewhere. Depending on what you buy, there very well may be nearby dealers offering better prices and service even though they do not own shops.[/QUOTE]
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