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<p>[QUOTE=&quot;Cloudsweeper99, post: 118104, member: 3011&quot;]If the question is about how to VALUE the coins instead of how to PRICE the coins, then something like the greysheet is probably the worst method that can be used.&nbsp; It is basically a guide to what you will receive in a distress sale, if you have to sell NOW.&nbsp; One weakness I&#039;ve noticed in collectors [being more of an investor myself] is that they don&#039;t really make a distinction between price and value, usually believing they are the same thing.</p><p><br /></p><p>I usually start with the Redbook prices over the past 10 years or so to try to estimate a range of value in good and bad coin markets and high and low gold and silver prices and inflation.&nbsp; Once I fix a likely range of value for a coin, only then do I bother to examine recent auction prices to see if the coin is selling closer to the high or low end of the range.&nbsp; If there is something ususual or special about a coin that invalidates past pricing and permanently changes the supply/demand relationship [such as the discovery of a previously unknown supply of that particular coin], then this method won&#039;t work.</p><p><br /></p><p>If you absolutely have to have a coin and you have to have it now, or if you absolutely have to sell a coin and you want to sell it now, you&#039;re going to get the auction price which may be higher than, lower than, or approximately equal to the VALUE of the coin.</p><p><br /></p><p>But most people seem to disagree with this approach, so feel free to ignore it.[/QUOTE]</p><p><br /></p>

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