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<p>[QUOTE=&quot;GDJMSP, post: 5257279, member: 112&quot;]For more years than I can remember I have written that all price guides are worse than worthless. In fact in many cases they are even harmful, monetarily harmful, to those who use them because they provide bad information, false information.</p><p><br /></p><p>They exist for 1 reason - profit. Price guides exist in 3 basic forms, books, magazines, and websites. And in all 3 cases somebody is making money off of them. And yes that even applies to the free websites for they are generating profit with ad revenue and incentive. In many cases the free price guides provide incentive for users to become customers of the company providing the price guide.</p><p><br /></p><p>Price guides are a business like any other business - they are not in business for your benefit, they are in business for their benefit.</p><p><br /></p><p><br /></p><p><br /></p><p>By doing your homework and research. There is no easy or fast way. The best chance that any and all collectors have of finding out real world value for any coin is by researching realized auction prices. But it&#039;s even more difficult than that because you have to, stress have to, use good sources. And in order to do that you have to first know which sources are good sources and which are bad sources. Sadly, one of the most commonly used sources is one of if not the worst source there is - ebay !</p><p><br /></p><p>And ebay is a bad source because the vast majority of people who buy coins there have no clue about what they are doing. Thus they overpay, and often grossly overpay, for the coins they buy there. Bottom line, ebay is just as bad and maybe even worse than using the published price guides !</p><p><br /></p><p>edit - I forgot to add good sources. Simply put, the big name auction houses like Heritage, Stacks, and others like them. </p><p><br /></p><p>And no that does not include the numerous auction sites that are so popular nowadays. Some if not many of them aren&#039;t much better than ebay as sources.[/QUOTE]</p><p><br /></p>

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