Value of coin

[Paul]

i hear ya guys, quite often the opinion/answer i post is not what people want "to hear"....
after their "dealer" told them something completely different.
:eureka:
but it is what it is.....no B.S. here!

[Daniel]

Exactly. I get a lot of emails as well and people often don't like what they hear. I am amazed at how little some dealers actually know about coins.

[Paul]

:eureka:
people need to keep in mind that a "dealer" (& NO NEGATIVE INFERENCE MADE/INTENDED HERE), is just a 'businessman'....running a "business", to make a profit. that's all. numismatics has a large overhead.....& don't forget all the little things, the 'store-front' rent, lights, heat, employee costs, insurance,.....so on.
with any business, you want to maximize you profit margin...buy low, sell high. simple....but it is important to 'know what you have'. i recall visiting several dealers years & years ago. i knew what i had, but acted like i knew nothing.....only ONE was completely, truly honest with me. most used lots of numismatic lingo, that DID NOT apply, & offered very low values (which you expect, he needs to 're-sell' it).
so, i would recommend, if your not dead sure, get a second, or third, opinion...

& i think were missing the "original question" here...?
"VALUE"....
value Vs. actual sales price. there are a LARGE number of factors here. "collect-ability", current "selling market-place", "available" investment income, "presentation/description/honesty", just to mention a VERY FEW.
have i purchased a lower grade coin for a greater than normal price? YEP.... i needed it for a missing variety in "run" for that 'type coin'.....as "sets" command a larger value (the time & cost spent finding/putting them together) in the 'collecting world'.

so value, 'internet value', will be more difficult to accurately determine.....crummy/altered images, authenticity, "puffing"A, shill bidding, return policy,....are all going to effect 'sale price'. first hand inspection, is ALWAYS THE BEST.

A. OVER-HYPING OF AN ITEM