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What financial risk is involved for the publisher of coin pricing guides?

291fifth291fifth Posts: 24,683 ✭✭✭✭✭
in U.S. Coin Forum
When a firm publishes a coin price guide does it create any financial liability for itself if the guide proves to be inaccurate?


All glory is fleeting.

Comments

  • JulianJulian Posts: 3,370 ✭✭✭
    The key word is "guide", so I would say no to your question.
    PNG member, numismatic dealer since 1965. Operates a retail store, also has exhibited at over 1000 shows.
    I firmly believe in numismatics as the world's greatest hobby, but recognize that this is a luxury and without collectors, we can all spend/melt our collections/inventories.

    eBaystore
  • UnknownUnknown
    This content has been removed.
  • tjc2120tjc2120 Posts: 714 ✭
    I think "guide" is a preposition.
    "spot on my UHR, nevermind, I wiped it off"
  • derrybderryb Posts: 37,635 ✭✭✭✭✭
    could be some financial gain if publisher lowballs his price on what he likes to collect. image

    No Way Out: Stimulus and Money Printing Are the Only Path Left

  • PerryHallPerryHall Posts: 46,827 ✭✭✭✭✭
    No financial risk unless the prices are unrealistic in which case the publisher will lose subscribers.

    Worry is the interest you pay on a debt you may not owe.
    "Paper money eventually returns to its intrinsic value---zero."----Voltaire
    "Everything you say should be true, but not everything true should be said."----Voltaire

  • OregonCityGoldOregonCityGold Posts: 427
    I thought for sure this was going to be a Longacre thread! image

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