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<p>[QUOTE="clembo, post: 240296, member: 8033"]I agree with Jody. </p><p>Auctions are a good place to get a real feel for what is really going on in the market.</p><p><br /></p><p>I haven't owned a red book in a few years mainly because it's only put out once a year and a lot can change.</p><p><br /></p><p>I do consult Coin Prices magazine from time to time as it will show trends in pricing. I also use it for mintage figures.</p><p><br /></p><p>On top of that I subscribe to Greysheet. It gives you a much better idea as to how dealers are looking at things.</p><p><br /></p><p>None of these (or any other publication) are the gospel truth as it were. I've seen Greysheet bid on coins higher than Coin Prices retail at times.</p><p><br /></p><p>On tougher, low mintage items it's really hard to tell as they aren't traded that often. I recently purchased an 1883 3 Cent Nickel in ANACS AU50 for $300. Coin Prices lists it at $415, Greysheet bid was $315 and then I saw a raw XF-AU sell on ebay for over $600.</p><p>I'm glad I got mine but it's a crapshoot with a coin like that. There were just over 10,000 minted so they don't trade hands often.</p><p><br /></p><p>Look at the auctions, consult the guides and at times you just have to go with a gut feeling.[/QUOTE]</p><p><br /></p>
[QUOTE="clembo, post: 240296, member: 8033"]I agree with Jody. Auctions are a good place to get a real feel for what is really going on in the market. I haven't owned a red book in a few years mainly because it's only put out once a year and a lot can change. I do consult Coin Prices magazine from time to time as it will show trends in pricing. I also use it for mintage figures. On top of that I subscribe to Greysheet. It gives you a much better idea as to how dealers are looking at things. None of these (or any other publication) are the gospel truth as it were. I've seen Greysheet bid on coins higher than Coin Prices retail at times. On tougher, low mintage items it's really hard to tell as they aren't traded that often. I recently purchased an 1883 3 Cent Nickel in ANACS AU50 for $300. Coin Prices lists it at $415, Greysheet bid was $315 and then I saw a raw XF-AU sell on ebay for over $600. I'm glad I got mine but it's a crapshoot with a coin like that. There were just over 10,000 minted so they don't trade hands often. Look at the auctions, consult the guides and at times you just have to go with a gut feeling.[/QUOTE]
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whats up with coin prices
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