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<p>[QUOTE="cladking, post: 139008, member: 68"]The Redbook never even tried to keep up with moderns until the 2006 edition. The prices for almost all of these were just based on face value. They still don't list the extremely high grade and stop at MS-65. These prices tend to be well under what a coin would trade for between a knowledgeable buyer and seller though a few of the prices are to high. Krause, too, only started trying to track the moderns in the last few years but don't try over MS-65. Only Trends, PCGS, and Numismedia have developed guides for the higher grade coins. PCGS is probably the best but the listed prices should be considered for slabbed coins only and for attractive specimens. Most buyers are pretty picky and want good strikes AND clean surfaces. They also avoid problem coins. Some of the prices in this guide are actually too low and this applies especially to the lower range mint state coins. They tend to treat the MS-64's as common and this is not always the case. </p><p><br /></p><p>The CDN lists only raw moderns. While it would be easy to quibble with some of these prices the fact is that almost all modern collectors and dealers consider these prices right, so the coins trade based on greysheet. It should be remembered that some of these raw coins are quite scarce because the quality is abysmal and they weren't saved. If you do find a quality roll then you would be well advised to save it. The bulk of the best quality moderns were issued in mint sets and this is the reason there is sometimes a premium. There is a market developing for original mint sets that have not been picked over. If you have such sets you'll want to shop them around a little for the premium.[/QUOTE]</p><p><br /></p>
[QUOTE="cladking, post: 139008, member: 68"]The Redbook never even tried to keep up with moderns until the 2006 edition. The prices for almost all of these were just based on face value. They still don't list the extremely high grade and stop at MS-65. These prices tend to be well under what a coin would trade for between a knowledgeable buyer and seller though a few of the prices are to high. Krause, too, only started trying to track the moderns in the last few years but don't try over MS-65. Only Trends, PCGS, and Numismedia have developed guides for the higher grade coins. PCGS is probably the best but the listed prices should be considered for slabbed coins only and for attractive specimens. Most buyers are pretty picky and want good strikes AND clean surfaces. They also avoid problem coins. Some of the prices in this guide are actually too low and this applies especially to the lower range mint state coins. They tend to treat the MS-64's as common and this is not always the case. The CDN lists only raw moderns. While it would be easy to quibble with some of these prices the fact is that almost all modern collectors and dealers consider these prices right, so the coins trade based on greysheet. It should be remembered that some of these raw coins are quite scarce because the quality is abysmal and they weren't saved. If you do find a quality roll then you would be well advised to save it. The bulk of the best quality moderns were issued in mint sets and this is the reason there is sometimes a premium. There is a market developing for original mint sets that have not been picked over. If you have such sets you'll want to shop them around a little for the premium.[/QUOTE]
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Why does this coin trend so HIGH??
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