What Coin Value Guide Do You Use for pricing a Coin?
Commencents
Posts: 349 ✭✭✭
With all the available' price guides like Numismedia, CDN . Coin World and many others, I thought it would be interesting to see what CU Forum members use. I use Numis the most but usually check several others too.
.
0
Comments
This will sound wacky, but my own perception is that price guides often overstate values, so I generally look at several of the guides and pick the one with the lowest value for the coin.
For me I look at past auction records to determine a value
Collector
75 Positive BST transactions buying and selling with 45 members and counting!
instagram.com/klnumismatics
PCGS and NGC price guides as well as eBay auctions.
Our hosts, other TPG guides, Coin World etc. Check them all then make up my mind. Regardless of which one, the guide is a maximum price for me.
Most of those guides list way overpriced. I typically look at past eBay auction history, take the average of last 5-10 sales then subtract 10%. Once I have that number I use anything under that as my buy zone.
I should also mention I do like to pull out the greysheet at shows just to rile up the dealers a bit.
The whole worlds off its rocker, buy Gold™.
BOOMIN!™
I listen to the voices in my head.
The only guide that ever matters to me - market prices. Fixed guides are always way over actual market prices.
I thought you were going to say that you listen to the tuna and lobsters at night.
Successful transactions with : MICHAELDIXON, Manorcourtman, Bochiman, bolivarshagnasty, AUandAG, onlyroosies, chumley, Weiss, jdimmick, BAJJERFAN, gene1978, TJM965, Smittys, GRANDAM, JTHawaii, mainejoe, softparade, derryb
Bad transactions with : nobody to date
I go to my CDN app look at CPG / Bid and then auction history usually HA.
Others TPG price, CF
I will then look at the coin see why it went high or low.
I think for many the number/guide they use is different if they are buying vs selling......
Am I wrong (for those of you that have already answered)?
I've been told I tolerate fools poorly...that may explain things if I have a problem with you. Current ebay items - Nothing at the moment
Me too. But I also use auction results.
For a reference I use PCGS, ATS price guides and past auction prices to have an idea of what I should pay for a coin. For currency, I use CDN's Green Sheet and again, look at past auction prices.
PCGS, NGC, GS and completed auctions results.
I also factor in, if I think the coin is worth an additional premium or not.
Sometimes, it’s better to be LUCKY than good. 🍀 🍺👍
My Full Walker Registry Set (1916-1947):
https://www.ngccoin.com/registry/competitive-sets/16292/
I value my coins off recent sales. Ebay Heritage and so on
No matter which guide/source I pull out to use, CDN, PCGS, etc, the dealers always seems to be going by different one. So I'll listen to him (or her) why there is accurate and mine is a joke, then I'll take his (or her) number, look it up on PCGS, CDN sources, subtract a certain percentage that I use and decide if it makes sense.... Getting pretty tired of the game to be honest!
I use Red Book and Numismatic News for very rough price guides. One has to constantly remind one's self of two things (1) people who print the guides rely on high prices to help sell their printed papers, and (2) that if you really like a coin, the price guide doesn't own the dang coin - the seller owns it! Sometimes you simply got to pay up.
Heritage, Stacks-Bowers, and eBay
If you make a fair offer and it's more than I paid, you own it. YNs have been know to get their purchases for a smile.
What do you mean
I have to pay
Collector
75 Positive BST transactions buying and selling with 45 members and counting!
instagram.com/klnumismatics
I use the PCGS Prices guide as a benchmark for PCGS coins and then I work backwards from there.
TurtleCat Gold Dollars
Same here!
Agree. And the most recent the better.
In years past... long past... I used the grey sheet, auction prices etc..... Now, I consider if I want it or not...and is it more important than some of the other things I want....I guess I have a gut feel for prices in general...So, since it is disposable income, if I like it, and it seems reasonable, I buy it. Cheers, RickO
heritage, ebay, a few others the owl in the back yard and some dealers I know at coin shows, fwiw
Auction results more than anything else. Usually those in CoinFacts.
Keeper of the VAM Catalog • Professional Coin Imaging • Prime Number Set • World Coins in Early America • British Trade Dollars • Variety Attribution
Heritage, Stack's, etc
Sounds like the difference between retail and wholesale. One Usually has to pay for wholesale values from any
source. I subtract 40% from retail to get a probable up to date wholesale value.
Pants: seat of. Also experience; much. And of course, sense: none.