Price Guides

[TheStalker]

hi

how much difference is there between book price and what a coin dealer sells for

and do you people get full price for there coins or is it rare that they mite get full price

thanx

TheStalker

[Emperor Oli]

hi

how much difference is there between book price and what a coin dealer sells for

and do you people get full price for there coins or is it rare that they mite get full price

thanx

TheStalker

It depends on which guide you use, some are more useful than others. Speaking generally, Spink tends to overestimate most coins by quite a margin. The Collectors' Coins series tends to be on the money if you're buying. Obviously it depends on what series you're collecting, so there isn't really a definitive answer to the question without qualifying it. Just remember that a guide is just that, a guide.

[TheStalker]

thanx for your reply

i only ask because a stamp collecter mate of mine told me that stamp dealers sell at 75% book price

but that got me think if hes got lets say a penny black that has £300 book price

well that would only sell at just £200 a £100 short of of book price

so i just wonder if it was the same with coins

TheStalker

[Chris Perkins]

Quite often coins sell for higher than catalogue price especially when they are choice condition scarce/rare coins, or often even absolutely perfect coins of any date. The best of the best often attracts a premium, and because the best of the best are not sold as often as the rest, they are in huge demand, hence the wild prices.

[Bronze & Copper Collector]

Bottom line is... a price guide is only that.. a "GUIDE"..... Demand and the individual coin, will determine its final selling price.......