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Which coin value book is the one to go by?
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<p>[QUOTE="dreamer94, post: 316666, member: 6449"]I may be missing something, but when I go to the Red Book to look up coins, I find very few grades listed, so even if you believed absolutely in the numbers, you might not find one for a particular grade of coin you need it for. </p><p><br /></p><p>The listings in "Coin Values" are more detailed, but still missing some grades and as others have pointed out, they vary a lot. For high priced coins they can differ by $1,000 or more from other listings. </p><p><br /></p><p>I think the value of a coin, by definition, is determined by recent auction closing prices. The closing prices are a useful guide. However, an important caveat is that prices on closed auctions vary a lot within a given grade and TPG depending on the eye appeal of the coins. I still find it the most useful guide. You can get an idea of the highest price paid for a coin, but you don't necessarily have to feel like you've been taken if you pay more for a coin with exceptional eye appeal.[/QUOTE]</p><p><br /></p>
[QUOTE="dreamer94, post: 316666, member: 6449"]I may be missing something, but when I go to the Red Book to look up coins, I find very few grades listed, so even if you believed absolutely in the numbers, you might not find one for a particular grade of coin you need it for. The listings in "Coin Values" are more detailed, but still missing some grades and as others have pointed out, they vary a lot. For high priced coins they can differ by $1,000 or more from other listings. I think the value of a coin, by definition, is determined by recent auction closing prices. The closing prices are a useful guide. However, an important caveat is that prices on closed auctions vary a lot within a given grade and TPG depending on the eye appeal of the coins. I still find it the most useful guide. You can get an idea of the highest price paid for a coin, but you don't necessarily have to feel like you've been taken if you pay more for a coin with exceptional eye appeal.[/QUOTE]
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Which coin value book is the one to go by?
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