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<p>[QUOTE="mlov43, post: 2254831, member: 16729"]How's this for a world-coin price variation?:</p><p><br /></p><p>The S. Korean 1995, 1996, 1997, 1999, and 2000 <b>5 Won coin</b></p><p><br /></p><p>1) The 39th Edition of the <u><i>Standard Catalog of World Coins</i></u> by Krause Publications lists their prices at .30 (yes, THRITY U.S. CENTS), each. </p><p><br /></p><p><br /></p><p>And then there's...</p><p><br /></p><p><br /></p><p>2) <i><u>O-Sung K&C Catalogue</u></i> published in Seoul. Prices below in S. Korean <i>won</i> </p><p>[1 U.S. Dollar =1,100 S. Korea Won].[ATTACH=full]446683[/ATTACH]</p><p><br /></p><p>So, according to Krause, that 1999 5 Won coin is worth <b>.30 cents</b>.</p><p>And, according to O-Sung, this same coin, at today's exchange rate is <b>$177.00</b>.</p><p><br /></p><p>Now, I don't put a lot of credence in "catalogue pricing," but I do in realized pricing. From the limited information that I have, I'd say that O-Sung is closer to actual realized prices (not too far off) for these coins when sold at Korean retailers or even online venues that non-Korean use (i.e., eBay).</p><p><br /></p><p>How and why does Krause Publications keep listing these coins for below a dollar? Isn't there enough evidence for a "necessary correction" to their list price in this case?[/QUOTE]</p><p><br /></p>
[QUOTE="mlov43, post: 2254831, member: 16729"]How's this for a world-coin price variation?: The S. Korean 1995, 1996, 1997, 1999, and 2000 [B]5 Won coin[/B] 1) The 39th Edition of the [U][I]Standard Catalog of World Coins[/I][/U] by Krause Publications lists their prices at .30 (yes, THRITY U.S. CENTS), each. And then there's... 2) [I][U]O-Sung K&C Catalogue[/U][/I] published in Seoul. Prices below in S. Korean [I]won[/I] [1 U.S. Dollar =1,100 S. Korea Won].[ATTACH=full]446683[/ATTACH] So, according to Krause, that 1999 5 Won coin is worth [B].30 cents[/B]. And, according to O-Sung, this same coin, at today's exchange rate is [B]$177.00[/B]. Now, I don't put a lot of credence in "catalogue pricing," but I do in realized pricing. From the limited information that I have, I'd say that O-Sung is closer to actual realized prices (not too far off) for these coins when sold at Korean retailers or even online venues that non-Korean use (i.e., eBay). How and why does Krause Publications keep listing these coins for below a dollar? Isn't there enough evidence for a "necessary correction" to their list price in this case?[/QUOTE]
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