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<p>[QUOTE="dougsmit, post: 4168450, member: 19463"]The problem with any price guide for ancients is that there are 3000 grades rather than three. Even prices realized for the exact coin can be deceptive since you never know who was bidding and who they felt the need to outbid. It is not all that unusual to find coin that sold 20 years ago for more than today and the opposite somewhere in-between. Opinions vary a great deal when it comes to how much to discount for a crack versus how much for a bit of roughness or an uneven strike. Many ancients left the mint in less than perfect condition due to factors that have nothing to do with wear. In modern terms, almost all are 'details' coins in some respect. Pay what a coin is worth to you. The guides will give relative values for types with some accuracy but will not tell you what to pay at any specific time and place.[/QUOTE]</p><p><br /></p>
[QUOTE="dougsmit, post: 4168450, member: 19463"]The problem with any price guide for ancients is that there are 3000 grades rather than three. Even prices realized for the exact coin can be deceptive since you never know who was bidding and who they felt the need to outbid. It is not all that unusual to find coin that sold 20 years ago for more than today and the opposite somewhere in-between. Opinions vary a great deal when it comes to how much to discount for a crack versus how much for a bit of roughness or an uneven strike. Many ancients left the mint in less than perfect condition due to factors that have nothing to do with wear. In modern terms, almost all are 'details' coins in some respect. Pay what a coin is worth to you. The guides will give relative values for types with some accuracy but will not tell you what to pay at any specific time and place.[/QUOTE]
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