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<p>[QUOTE="Hobo, post: 1110235, member: 11521"]To estimate the value of a coin you must first determine its condition. You can trust the seller (not always the wisest thing to do), you can trust the grade assigned by a TPG (a better choice as long as they are one of the top-tier TPGs but still not without risk) or you can grade the coin yourself.</p><p> </p><p>Next you will need to refer to a pricing guide or auction records to estimate what a coin in that condition may be worth. </p><p> </p><p>There are a lot of intangibles that come into play, e.g., eye appeal, strike, toning, etc. Just because one coin graded MS-64 sold for $750 does not mean your MS-64 example will bring $750. The former coin may be a high-grade MS-64 (say an MS-64.8 if you will) whereas your example may be a low-grade MS-64 (perhaps an MS-64.2). The former coin may have a strong strike with almost all details while your example may be a weaker strike. The former coin may have some attractive natural toning while yours either has no toning or dark unattractive toning. </p><p> </p><p>In the end a coin is worth whatever a buyer is willing to pay for it. (And that buyer must be ready, willing and able to buy for his offer to be legitimate.)[/QUOTE]</p><p><br /></p>
[QUOTE="Hobo, post: 1110235, member: 11521"]To estimate the value of a coin you must first determine its condition. You can trust the seller (not always the wisest thing to do), you can trust the grade assigned by a TPG (a better choice as long as they are one of the top-tier TPGs but still not without risk) or you can grade the coin yourself. Next you will need to refer to a pricing guide or auction records to estimate what a coin in that condition may be worth. There are a lot of intangibles that come into play, e.g., eye appeal, strike, toning, etc. Just because one coin graded MS-64 sold for $750 does not mean your MS-64 example will bring $750. The former coin may be a high-grade MS-64 (say an MS-64.8 if you will) whereas your example may be a low-grade MS-64 (perhaps an MS-64.2). The former coin may have a strong strike with almost all details while your example may be a weaker strike. The former coin may have some attractive natural toning while yours either has no toning or dark unattractive toning. In the end a coin is worth whatever a buyer is willing to pay for it. (And that buyer must be ready, willing and able to buy for his offer to be legitimate.)[/QUOTE]
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