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What am I missing about this 50 Kopeck?
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<p>[QUOTE="GDJMSP, post: 336124, member: 112"]Mike, Krause prices can be all over the place. Many, many times I have seen them be 2 to 10 times too low - and - 2 to 10 times too high. There really is no rhyme or reason. </p><p><br /></p><p>But in many cases the Krause catalog is all we have to provide estimates for world coin values. And that is why, whenever anyone quotes an estimate of a world coin value, they typically preface their estimate by saying - this is what Krause says. That is because they know that the prices listed in the Krause catalog are basically meaningless.</p><p><br /></p><p>Krause is no different than any other price guide in that regard. If you really want to know what the value of a world coin is then you have to look at realized auction prices. And I don't mean auction prices from ebay for they are also often meaningless because many of those bidding on ebay have no idea of value either.</p><p><br /></p><p>What you have to look at are auction prices from recognized auction houses that sell world coinage. For typically the buyers at these auctions <u>are</u> well educated when it comes to values of world coinage and they don't over-pay or under-pay. </p><p><br /></p><p>And the link provided by grivna earlier for Coin Archives is the best source that I know of.[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 336124, member: 112"]Mike, Krause prices can be all over the place. Many, many times I have seen them be 2 to 10 times too low - and - 2 to 10 times too high. There really is no rhyme or reason. But in many cases the Krause catalog is all we have to provide estimates for world coin values. And that is why, whenever anyone quotes an estimate of a world coin value, they typically preface their estimate by saying - this is what Krause says. That is because they know that the prices listed in the Krause catalog are basically meaningless. Krause is no different than any other price guide in that regard. If you really want to know what the value of a world coin is then you have to look at realized auction prices. And I don't mean auction prices from ebay for they are also often meaningless because many of those bidding on ebay have no idea of value either. What you have to look at are auction prices from recognized auction houses that sell world coinage. For typically the buyers at these auctions [U]are[/U] well educated when it comes to values of world coinage and they don't over-pay or under-pay. And the link provided by grivna earlier for Coin Archives is the best source that I know of.[/QUOTE]
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