A price guide is a reference book that contains information and substantial details about the prices of coins. For example, coins, stamps, artefacts, sports cards, or other collectibles items. In a coin price guide things that will be featured are information, mintages, specifications, grading details, where they were struck, etc. There are some which have accurate approximations of coin prices, while some have goals of helping dealers sell their coins at attractive rates. The price of a coin is very crucial information. For e.g. a coin collector from India would like to buy a coin, or sell a coin, or maybe just browse and appreciate coins in general, hence its important for the information to be as accurate as possible.
Information on the prices of coins are freely available both on the internet and in books which are available in the market. There are some guide books which are much more reliable than others. However no single guidebook is accurate in its matter as they are just approximations of the market value and price of the coins. Your best online option would include, e-Bay and other online auction sites like Heritage, Teletrade, Stacks, and Classical Numismatic Group (for ancient coins). Another good source would be local coin shops or a well stocked book shop.
A very good example of a coin guide price book is ‘A Guide Book of United States Coins,’ by Richard (R. S.) Yeoman. A strong contender on the internet would be The PCGS Price Guide. The PCGS Price Guide provides up-to-date retail prices for all your coins and also follows a 1-70 grading system for coins, where 70 represents a perfect specimen and 1 represents a coin barely identifiable to its type. However they do not guarantee a profit or loss for any coin. Buying and selling of coins is done at your own risk.
A coin price guide is compiled from various sources including dealer ads in trade papers, dealer fixed price lists, significant auctions, and activities at major coin shows. Other popular sites include, ICG (Independent Coin Grading), Coin Club has directories of dealers, clubs, and links; a reference library, books, software, prices, upcoming events, message/chat, and more. ICG (Independent Coin Grading) Numismatic is a springboard to many other sites- articles, stories, FAQs, reviews, references, trivia, tips, and more
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