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Message:: [QUOTE="GDJMSP, post: 24628732, member: 112"]It's because of who the Red Book uses as their source for prices. And if you look carefully in the beginning of the book, they tell you who their sources are. Every price guide in existence suffers from the exact same problem - they are ALL too high -  every single one, including the Grey Sheet. In order to find realistic and accurate prices for any coin you have two choices. Gain access to the electronic dealer market, which is the most accurate but can change in a daily basis. Or, look up realized auctions prices from all the auction houses - and no that does not include ebay. But the best that realized auction prices can give you is a price range for any given coin in any given grade. But because that price range can and often does vary by as much as 100%, (meaning it doubles) for any given coin, you throw out the lows and the highs and average the rest to get an approximate value.[/QUOTE]