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Message:: [QUOTE="BooksB4Coins, post: 1996555, member: 36230"]No, it is not a "waste of money" nor is it "worthless". What it is, however, is a tool and as with any tool, it is only as helpful as the person using it. Depending on how one wishes to look at it, the example in post #6 of the gentleman blindly using it is also a fine example of an opportunity afforded. Similarly, those who price according to or based upon CDN can be ripe for the picking depending on series, and in particular, the individual coin. The point is that the CDN can often be used to one's advantage, but first and foremost, knowing one's market along with the coins themselves is of absolute importance. "Wholesale" is not a static number, sir, and just as one coin of the same type, date, and grade can be vastly different from another, so too can their prices, "wholesale" or retail. As mentioned above, the CDN is just a tool only as good as the person using it; while listed values are often reasonable for generic commonly traded material, the same cannot always be said for high end/quality or seldomly traded coins. To put it simply, the CDN is not a guide to profitably buying and selling coins.[/QUOTE]