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<p>[QUOTE="Detecto92, post: 1778741, member: 75105"]Scottish...</p><p> </p><p>Price guides are just that, guides.</p><p> </p><p>I got a good deal on it because it was priced below guide. If put in an eBay auction, it would probably sell for what I paid for it.</p><p> </p><p>The problem is<b> many</b> dealers price at or above guide for GB coins. Even though a coin worth $300 in the guide is worth $200 in reality, they use the guide...</p><p> </p><p>Their idea is "Well if the guide says it's worth X, I will price it at X". </p><p> </p><p>This is because there is no greysheet for GB coins, at least not in the states.</p><p> </p><p>Dealers are not going to take there time to dig through eBay auctions to determine a price when they have a guide right there in front of them. Especially if they have a coin inventory of over 100,000 pieces. </p><p> </p><p>Say you saw a really rare coin you liked, and it was priced at guide value, would you buy it?</p><p> </p><p>I liked this piece, and it could've fallen prey to one of the dealers that could in fact priced it at $300.</p><p> </p><p>So in essence, I got a good buy in the fact that I did not have to pay $300 for it. </p><p> </p><p>When I do send it off, I won't be unhappy if it gets MS61, grading is subjective anyway. I do not like NGC's holders.[/QUOTE]</p><p><br /></p>
[QUOTE="Detecto92, post: 1778741, member: 75105"]Scottish... Price guides are just that, guides. I got a good deal on it because it was priced below guide. If put in an eBay auction, it would probably sell for what I paid for it. The problem is[B] many[/B] dealers price at or above guide for GB coins. Even though a coin worth $300 in the guide is worth $200 in reality, they use the guide... Their idea is "Well if the guide says it's worth X, I will price it at X". This is because there is no greysheet for GB coins, at least not in the states. Dealers are not going to take there time to dig through eBay auctions to determine a price when they have a guide right there in front of them. Especially if they have a coin inventory of over 100,000 pieces. Say you saw a really rare coin you liked, and it was priced at guide value, would you buy it? I liked this piece, and it could've fallen prey to one of the dealers that could in fact priced it at $300. So in essence, I got a good buy in the fact that I did not have to pay $300 for it. When I do send it off, I won't be unhappy if it gets MS61, grading is subjective anyway. I do not like NGC's holders.[/QUOTE]
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Vote on my next "big ticket coin".
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