Understanding what I am seeing
The following is not an inquiry on this coin. I am only using this coin as an example of the type of knowledge I am trying to learn.
Coin: Venezuela, 1989 1 Bolivar
I think I understand e-Bay. Just because somebody paid X for a coin it dosen’t mean that is what others will pay. Here is what somebody paid: $3.94
https://www.ebay.com/sch/i.html?_from=R40&_trksid=m570.l1313&_nkw=Venezuela+1989+1+Bolivar&_sacat=256&LH_TitleDesc=0&_osacat=256&_odkw=x&LH_Complete=1&LH_Sold=1
Here is what NGC says it is worth: $.20
https://www.ngccoin.com/price-guide/world/search/1/?country=VENEZUELA®ion=All+Regions&denom=Bolivar&date=1989&catalogInitials=&catalogNumber=
The part I am not understanding is NGC list two varieties: 1989 (W) and a 1989 (SC).
Mine has neither. At least I can’t find any.
Is the (W) and (SC) from different mints? (W) has 370,000,000 minted. (SC) list 600,000,000 minted.
Ucoin says it’s worth $.42 https://en.ucoin.net/catalog/?country=venezuela&value=1.000&year=1989
And doesn’t list a (W) or (SC) am I right in assuming that (W) or (SC) are not mint designation but something in NGC own catalog? And list 970,000,000 minted. I must be mis-understanding something.
ALSO: Since Ucoin and NGC are always way below what they have sold for on e-Bay, am I right in assuming that is a wholesale price that big dealers will pay.

