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<p>[QUOTE=&quot;GDJMSP, post: 12851, member: 112&quot;]First of all you need to define what value you are talking about - wholesale or retail. </p><p><br /></p><p>Wholesale may be defined by many as the price one dealer pays another for a given coin in a given grade. For these values the Greysheet is the best guide.</p><p><br /></p><p>For retail values - or what a collector may expect to pay for a given coin of a given grade on the open market ( from a dealer, another collector, or an auction ) there really isn&#039;t a <u>good</u> guide. At least not one that is published.</p><p><br /></p><p>I have said this many times in the past and I guess it is time I say it again. The best way to arrive at the closest accurate retail price that a collector should pay for a given coin in a given grade is to do several things. </p><p><br /></p><p>First of all - purchase and examine the published retail price guides like Coin Market News, published in Numismatic News in the first issue of every month, and Coin Values, published by Coin World in the first issue of every month. But make note - these price guides alone <u>do not</u>&nbsp; necessarily determine a fair market price for a given coin.</p><p><br /></p><p>The next step is to do some research and find out what a given coin is selling for at various dealers. This can be done by examining the ads in coin magazines on a regular basis. By regular I mean every week - not once or twice a year.</p><p><br /></p><p>Next you should keep abreast of what a given coin is selling for at auction - again on a regular basis. This can be done by anyone who is willing to spend the time and effort. Realized prices are posted on the internet by all of the major auction houses, including Bowers &amp; Marena, Amedrican Numismatic Rarities, Superior, Goldberg, Ponterio, etc etc. You also need to check the realized prices for the on-line auction houses like TeleTrade and Heritage. And last but not least - check the realized prices on ebay.</p><p><br /></p><p>Now once you do all that - take an average. You will then have a fairly accurate value for a given coin in a given grade.</p><p><br /></p><p>In this day and age too many want everything right now - the easy way. Well I gotta tell ya folks - there is no easy way. Knowledge requires effort, study, time spent and most of all old fashioned hard work. Like anything else - with coin collecting - you can only get out of it what you are willing to put into it&nbsp; <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie2" alt=";)" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>

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