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<p>[QUOTE="marid3, post: 1564080, member: 35968"]I like the Redbook a lot, and I think the prices are thoroughly researched, but wouldn't consider ever buying or selling off the redbook, because the market is so fluid, and those prices are point-in-time. In additon, there can be a bid difference between bid/ask, depending on who's doing the selling/buying (dealers, auctions, ebay, private sale), and the redbook doesn't capture. A great resource, but not for current values.</p><p><br /></p><p>eBay can be tricky - for more common collectibles, eBay prices, in my very amateurish opinion, seem to be over-priced because of who is buying there and why. The further you move from 'popular' coinage, the pricing seems to resemble the grey-sheet and larger dealers - more like comodity pricing: some exceptions to be sure, but more fluid, gravitating toward center, or real-market. When you move into very high-value coins, the prices seem to resemble other auctions, which can swing wildly based on the few, but highly individualistic, people bidding. </p><p><br /></p><p>So I 'manage' my collection based off the red-book - a handy memory-refresher for everything I can't hold in my brain. For 'collectible' items, I save up $ and my list, then present it to a dealer to buy - you get great pricing and a great relationship that way. For mid-level (e.g. afordable key-dates), I go to eBay, and wait for a good opportunity (lower than what a sane dealer should sell it for). If I dont find that opportunity, I reach out to my dealer. I'm not in to the ultra-high level of collecting, but would imagine if I were fortunate enough there, I'd work through my preferred dealer and an auction house to aquire pieces.</p><p><br /></p><p>These are just my observations based off limited data - I'm watching to see what others post to help understand how that pairs with others' reality. :smile[/QUOTE]</p><p><br /></p>
[QUOTE="marid3, post: 1564080, member: 35968"]I like the Redbook a lot, and I think the prices are thoroughly researched, but wouldn't consider ever buying or selling off the redbook, because the market is so fluid, and those prices are point-in-time. In additon, there can be a bid difference between bid/ask, depending on who's doing the selling/buying (dealers, auctions, ebay, private sale), and the redbook doesn't capture. A great resource, but not for current values. eBay can be tricky - for more common collectibles, eBay prices, in my very amateurish opinion, seem to be over-priced because of who is buying there and why. The further you move from 'popular' coinage, the pricing seems to resemble the grey-sheet and larger dealers - more like comodity pricing: some exceptions to be sure, but more fluid, gravitating toward center, or real-market. When you move into very high-value coins, the prices seem to resemble other auctions, which can swing wildly based on the few, but highly individualistic, people bidding. So I 'manage' my collection based off the red-book - a handy memory-refresher for everything I can't hold in my brain. For 'collectible' items, I save up $ and my list, then present it to a dealer to buy - you get great pricing and a great relationship that way. For mid-level (e.g. afordable key-dates), I go to eBay, and wait for a good opportunity (lower than what a sane dealer should sell it for). If I dont find that opportunity, I reach out to my dealer. I'm not in to the ultra-high level of collecting, but would imagine if I were fortunate enough there, I'd work through my preferred dealer and an auction house to aquire pieces. These are just my observations based off limited data - I'm watching to see what others post to help understand how that pairs with others' reality. :smile[/QUOTE]
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