When you’re searching for coin prices online, you will have to learn to differentiate between real world pricing, wishful thinking pricing, and clickbait pricing. It can be very difficult for coin sellers to find coin prices on the Internet. The Internet is full of wishful-thinking pricing and clickbait pricing.
Wishful thinking prices are the sellers’ ideas about how much they would like for an item. You may find listings of a random coin on Etsy, eBay, or some other place easy to list, asking a crazy number for it. It never sells, or may be listed “for sale” for years. This comes from ignorance, optimism-gone-overboard, and in some cases is an outright joke. This wishful-thinking pricing tends to create a lot of confusion for people who are new to selling coins. The Red Book is also wishful-thinking pricing.
Clickbait pricing is defined by Wikipedia as “web content that is aimed at generating online advertising revenue, especially at the expense of quality or accuracy, relying on sensationalist headlines to attract click-throughs. Click-throughs are what readers who click the link to go through to the next stage of the bait are called. Clickbait makers love to post about how some common coins could be worth big money, but in reality it’s almost never true.
Real World Pricing
Real world prices result from actual money changing hands. It reflects prices that have actually been paid, not just advertised. This is true market value; everything else is just a bunch of words/ideas about the worth. Oakton Coins & Collectibles will do our best to find you the best real world pricing available. What you should be looking for is real world pricing, especially if you have inherited a collection.