DO YOU THINK THE NEW PRICING IN THE BOOK IS MORE REALISTIC IN THE MARKETPLACE

Started by Greg McDonald, August 05, 2015, 11:59:22 PM

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stevo1962

Quote from: 'kchan1111' pid='78569' dateline='1441077535'FWIW... One dealer is not stocking the new edition because they believe there are too many errors in it.

I don't know what those "errors" they are talking about... but if it's the updated prices they don't like then it is bit silly to just refusing to sell it.

:scratch_one-s_head:

Yes it will be the pricing and it wouldn't work for the dealer if they sold a handbook
and the customer then looked up a price before leaving the shop only to find vastly inflated prices on the store's coins
It\'s not about who you know it\'s about what you know

kchan1111

Quote from: 'stevo1962' pid='78572' dateline='1441080889'
Quote from: 'kchan1111' pid='78569' dateline='1441077535'FWIW... One dealer is not stocking the new edition because they believe there are too many errors in it.

I don't know what those "errors" they are talking about... but if it's the updated prices they don't like then it is bit silly to just refusing to sell it.

:scratch_one-s_head:

Yes it will be the pricing and it wouldn't work for the dealer if they sold a handbook
and the customer then looked up a price before leaving the shop only to find vastly inflated prices on the store's coins

Yeah you're right. I think I will just give up now and not get it from someone else.


trout

QuoteYes it will be the pricing and it wouldn't work for the dealer if they sold a handbook
 and the customer then looked up a price before leaving the shop only to find vastly inflated prices on the store's coins

If a Dealer decides a coin is worth X amount then He/she is quite entitled to price it at that, Whither it sells or not is a different matter.
Maccas Book isn't a "Bible" it is Merely a guide , The prices are NOT written in Stone :ok:

If any dealer is too bloody lazy to research the values of his wares and simply uses Maccas book  then why are they still in business ??

Any Good dealer will know the Trends for any particular coin and price it accordingly.
This way they actually get to sell their coins and make a small profit, Coins sitting on the shelf for years are an absolute waste of resources, You can ONLY turn a profit by moving inventory.
Aim well to enjoy life. You only get One shot at it.
Illegitimi non carborundum

runway

Dealers who have the opportunity to stock any books or guides then decide to not stock them for only reason too many errors is too judgemental and I would avoid this dealer
Buy what gives you enjoyment

kchan1111

Quote from: 'runway' pid='78597' dateline='1441110249'Dealers who have the opportunity to stock any books or guides then decide to not stock them for only reason too many errors is too judgemental and I would avoid this dealer

I quite like these people. Just bit taken back by claims of errors that's all.

Quote from: 'trout' pid='78585' dateline='1441103029'If a Dealer decides a coin is worth X amount then He/she is quite entitled to price it at that, Whither it sells or not is a different matter.
Maccas Book isn't a "Bible" it is Merely a guide , The prices are NOT written in Stone :ok:

Exactly - it's just a guide. If a buyer strictly follows the guide and decides to go elsewhere, then he will soon come around if the guide's price is too low.

There are tonnes of useful information in there other than prices!

runway

Exactly kchan1111 and trout
I buy the guides for info and not for prices
Buy what gives you enjoyment

trout

Just using the Book as a pricing guide can bite a dealer in the private parts as well.
A couple of years ago I bought a 1972 5c marked as Unc for "Book" price, I subsequently got it graded and it made MS68 .
That is a long way off from "Book" value :ok:

I personally do NOT use Maccas as a guide to coin values, I do my own research and I will use that information when buying coins.

The Book IS a fantastic publication full of information such as mintages etc. and has some rather good piccies in it as well :good:
The Book is purely a "Guide" and NOT a definitive pricing publication, To do that is simply impossible as the Market is "Fluid" and changes all the time.
Greg has done a wonderful job of taking a snapshot in time of the coin values at the time of publication and that is the best that anyone can do with this sort of publication .
I have to add that Greg has done a great service to the numismatic community over the years and has put a lot of Blood, Sweat and tears into every publication.
He should be applauded for this as he is a great asset to the community :ok:
:wavemulticolor:
Aim well to enjoy life. You only get One shot at it.
Illegitimi non carborundum


runway

Quote from: 'trout' pid='78600' dateline='1441111461'Just using the Book as a pricing guide can bite a dealer in the private parts as well.
A couple of years ago I bought a 1972 5c marked as Unc for "Book" price, I subsequently got it graded and it made MS68 .
That is a long way off from "Book" value :ok:

I personally do NOT use Maccas as a guide to coin values, I do my own research and I will use that information when buying coins.

The Book IS a fantastic publication full of information such as mintages etc. and has some rather good piccies in it as well :good:
The Book is purely a "Guide" and NOT a definitive pricing publication, To do that is simply impossible as the Market is "Fluid" and changes all the time.
Greg has done a wonderful job of taking a snapshot in time of the coin values at the time of publication and that is the best that anyone can do with this sort of publication .
I have to add that Greg has done a great service to the numismatic community over the years and has put a lot of Blood, Sweat and tears into every publication.
He should be applauded for this as he is a great asset to the community :ok:
:wavemulticolor:
Indeed and I second the above comments from trout
:yahoo:
Buy what gives you enjoyment

trout

Quote from: 'Greg McDonald' pid='78602' dateline='1441113962'Ahh, Geez Trout,
Cheques in the mail mate
Greg

HeHe
All is Good Mate, I hope you are taking a bit of a Breather before you start researching the next edition Mate :good:
Aim well to enjoy life. You only get One shot at it.
Illegitimi non carborundum

robbiegal

ha ha
sweet Greg!!!

I use that expression too

the young ones don't have the foggiest of what I am on about!!

 I have to translate and say - thanks for the compliment - I will EFT some $$$ - you'll get an SMS text advising of the transfer ...... keep an eye out in your phone messages

runway

Buy what gives you enjoyment

Goldseeker

I have just purchased the 22nd Edition of Greg's book and I was warned by the sales rep that the book is full of errors and people are giving this issue a big miss.

I have had a quick glimpse through it and I have noticed quite a few errors.

Have you been receiving adverse comments re this edition Greg?

I shall start a thread for the errors I find in the 22nd Edition shortly.
Message rec\'d from Jens Coins 18 Jul 23: 
Bruce Mansfield passed away today 18 Jul 2023 – Acute Myeloid Leukemia


JeffH

Thinking is dangerous, it makes you think. That\'s why many people avoid it.