Price guide
From Wikipedia, the free encyclopedia
This article does not cite any references or sources. (March 2008) Please help improve this article by adding citations to reliable sources. Unverifiable material may be challenged and removed. |
A price guide is a book or online site that attempts to deliver accurate and concise valuation information for a good[citation needed]. Many industries and hobbies rely heavily on independent pricing sources[citation needed] when evaluating an item to sell or to purchase. This is most prevalent in the automobile industry and in the world of collectibles such as baseball cards, coins, comics, or stamps[citation needed]. Not only do vendors rely on these guides when determining at what price they should list an item for sale, but interested parties look at price guides when shopping[citation needed].
In the past, price guides were created by field experts utilizing dealer prices, auction prices (when applicable), and expert opinion(s)[citation needed]. Hobby price guides in the Numismatic and Sports Memorabilia arenas have traditionally been print based[citation needed]. Several companies have been particularly strong in this market[citation needed]. As the internet continues to become more and more powerful, so to are the price guides available[citation needed]. Online price guides utilizing actual prices have sprung up in recent years[citation needed]. These guides thrive on actual sales data and other relationships with major auction venues to provide the user with accurate figures[citation needed].