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What do you find to be the most reliable valuation source?
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<p>[QUOTE="Cloudsweeper99, post: 143048, member: 3011"]The word "valuation" is in the title of this thread. Keep in mind that recent auction prices will tell you what people are paying, which may or may not be an indication of long term "value." If you have to own the coin and you have to own it NOW, recent auction prices are valuable. You can't do any better. Just keep in mind that recent prices can be out of line with historical prices and future prices for the coin due to recent popularity, fads, advertising, ect. For example, if the coin in question has been increasing in price over the past decade at a rate greater than similar coins, it could indicate that you are buying into a fad, or it could indicate growing scarcity or recognition that the coin was underappreciated in the past. That's where judgement comes in. It's up to you to figure out why. </p><p><br /></p><p>It isn't easy, but it's worthwhile to take the time to do the analysis.[/QUOTE]</p><p><br /></p>
[QUOTE="Cloudsweeper99, post: 143048, member: 3011"]The word "valuation" is in the title of this thread. Keep in mind that recent auction prices will tell you what people are paying, which may or may not be an indication of long term "value." If you have to own the coin and you have to own it NOW, recent auction prices are valuable. You can't do any better. Just keep in mind that recent prices can be out of line with historical prices and future prices for the coin due to recent popularity, fads, advertising, ect. For example, if the coin in question has been increasing in price over the past decade at a rate greater than similar coins, it could indicate that you are buying into a fad, or it could indicate growing scarcity or recognition that the coin was underappreciated in the past. That's where judgement comes in. It's up to you to figure out why. It isn't easy, but it's worthwhile to take the time to do the analysis.[/QUOTE]
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What do you find to be the most reliable valuation source?
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