Where does everyone find values for varieties?

COINS MAKE CENTS

Just curious where everyone finds values for varieties? The cherry picker has some of the prices normally for rpm 1,2 and maybe higher but some of these varieties are rpm number 30 or 50. Plus the cherry picker doesnt even have some of them. I have identified all of them with variety vista, but there prices are not listed for most. Sometimes I can find a few on ebay, and great collections, problem is there normally graded and the ones I have are raw.

joeykoins

Ebay. I figure whatever the going price might be, should really determine what people are paying? Then, of course I go elsewhere. Such as our host, Cherrypicker, other books.

joeykoins

I probably have the best in both worlds? My Dealer friend is, I consider him an expert in varieties and/or error coins. He helps me find such answers.He's actually in some books. Cherryp. and a few others. Joe Rizdy. from Chicago Coin/Lagrange Coin

bearcave

You evidently have internet access, do a Google search for "values for varieties of coins"

jmlanzaf

@COINS MAKE CENTS said:
Just curious where everyone finds values for varieties? The cherry picker has some of the prices normally for rpm 1,2 and maybe higher but some of these varieties are rpm number 30 or 50. Plus the cherry picker doesnt even have some of them. I have identified all of them with variety vista, but there prices are not listed for most. Sometimes I can find a few on ebay, and great collections, problem is there normally graded and the ones I have are raw.

There is no good price guide for varieties that have little demand. The market is sooo thin, there is limited data available and none of it is terribly meaningful.

Jimnight

I can't speak for everyone... ebay.

jmlanzaf

@Jimnight said:
I can't speak for everyone... ebay.

You can speak for me.

COINS MAKE CENTS

@bearcave said:
You evidently have internet access, do a Google search for "values for varieties of coins"

thanks for the help. i have done that and so many come up with such a huge range of prices i figured i would ask here to narrow it down a little bit.

COINS MAKE CENTS

@Jimnight said:
I can't speak for everyone... ebay.

thats what i figured it was going to end up being. i have been splitting my time between ebay and great collections

joeykoins

Yep, most of the time, Ebay will be the choice in many other search questions in all categories. Probably catching of with the Google website?

jmlanzaf

@COINS MAKE CENTS said:

@bearcave said:
You evidently have internet access, do a Google search for "values for varieties of coins"

thanks for the help. i have done that and so many come up with such a huge range of prices i figured i would ask here to narrow it down a little bit.

See my comment above. It is a VERY thin market for minor varieties. There is no good pricing available and the huge range of prices reflect that. For one of the 5 people collecting rpm nickels, if you have a minor variety, he might pay $20 for it because he doesn't have it. The other 10 million collectors wouldn't give you 50 cents for it.

seanq

@joeykoins said:
I probably have the best in both worlds? My Dealer friend is, I consider him an expert in varieties and/or error coins. He helps me find such answers.He's actually in some books. Cherryp. and a few others. Joe Rizdy. from Chicago Coin/Lagrange Coin

Tell Joe I said hello, we used to interact frequently during the short time I was involved in variety attributions at CONECA.

eBay auction values are all over the place because there are so many things unrelated to the variety that affect the hammer price, like how good were the photos? How accurate were the attributions? Where were the coins listed? And on and on from there....

If you are looking to sell such coins, my best advise is to list them at a price that is toward the high end of the range, and lower it over time until someone bites. Then cross your fingers that they catch the right collector's eyes.

Sean Reynolds

291fifth

Buying or selling prices. Make sure there is a two way market for such varieties. I suspect that many times there is no such two way market. The sellers want to sell but they don't want to buy.

COINS MAKE CENTS

I agree, the first four or 5 rpms or double dies for a particular date seem to be easy to find, and im guessing thats because people dont want 55 different rpms for one date and coin type

tincup

The value of varieties is mostly in the 'hunt' for varieties. Many like to hunt for them and cherrypick them... but a lot less are willing to purchase them for an increased price. As mentioned, the market is very thin for selling varieties, except for the well known ones.

bearcave

Ken Potter was one place I went to. Of course you took everything price wise that is printed with a grain of salt. But his web page had the varieties listed and they were accurate at the time.

bearcave

Did not know he had a problem in 2013. Guess all of us are getting older.

joeykoins

@tincup said:
The value of varieties is mostly in the 'hunt' for varieties. Many like to hunt for them and cherrypick them... but a lot less are willing to purchase them for an increased price. As mentioned, the market is very thin for selling varieties, except for the well known ones.

Sure, you might be right in your assumption in a lot less would buy. but, that being said, one just has to hope that somebody doesn't want to seek and hunt down that elusive coin. Put up with all the baggage, legwork and sometimes a headache. They just rather click and it's done with.This is what us C.P.'s long for. A couple of years ago, I had my friend put the 1999 Close AM Proof Cent on the bay, it only took approx.4 days and I made a profit of over $100! Like in most of this hobby, it's a hit and miss. All of us hope for the best!

COINS MAKE CENTS

@joeykoins said:

@tincup said:
The value of varieties is mostly in the 'hunt' for varieties. Many like to hunt for them and cherrypick them... but a lot less are willing to purchase them for an increased price. As mentioned, the market is very thin for selling varieties, except for the well known ones.

Sure, you might be right in your assumption in a lot less would buy. but, that being said, one just has to hope that somebody doesn't want to seek and hunt down that elusive coin. Put up with all the baggage, legwork and sometimes a headache. They just rather click and it's done with.This is what us C.P.'s long for. A couple of years ago, I had my friend put the 1999 Close AM Proof Cent on the bay, it only took approx.4 days and I made a profit of over $100! Like in most of this hobby, it's a hit and miss. All of us hope for the best!

i agree, some people only want varieties that they find, and then some dont want the headache of trying to locate them. I have over 200 of these things to price before my next show and its a slow process but im making progress.

Im having almost as much fun as when i attributed 140 ancient coins

joeykoins

Have you considered marking your own price? Ask the buyer than if he/she doesn't want, say because the cost seems too high. Then, just come down a tad. If you set a price where your happy, who cares what other collectors would pay or not pay. Bottom line, you still made your profit. This would work even better if you had duplicates of that particular coin. So you can experiment and use the first sell like a guinea pig. Who knows, maybe us C.P.'s might go by your price?

DCW

Prices are whatever someone is willing to pay.
I know that sounds cliche, but it is the truth.
Of course you're leaving out an important and obvious variable...condition.
The fewer of a variety there are the less the grade matters. But it will always have significance and a corroded 1969-s ddo will always be valued less than one in mint state.
Some good points here. Variety hunters are a special breed. They either want to find it on their own or are willing to pay healthy premiums to have them all.
And by the way, just because a variety is considered "minor" by the mainstream collecting community doesnt mean it is not coveted in that niche of the hobby. Consider the 1972 ddo die 4 cent. A rather insignificant doubled die that 99.9% of the coin collecting population would throw into the parking lot on the way to their cars in Quick Check.
But it is worth more than the "real" 1972, die 1! Why? Because it is a lot rarer, and collectors are creatures of habit trying to collect all the doubled dies from the year.
It will also promoted among variety specialists as probably having a short run, as the die "failed" early.

COINS MAKE CENTS

@DCW said:
Prices are whatever someone is willing to pay.
I know that sounds cliche, but it is the truth.
Of course you're leaving out an important and obvious variable...condition.
The fewer of a variety there are the less the grade matters. But it will always have significance and a corroded 1969-s ddo will always be valued less than one in mint state.
Some good points here. Variety hunters are a special breed. They either want to find it on their own or are willing to pay healthy premiums to have them all.
And by the way, just because a variety is considered "minor" by the mainstream collecting community doesnt mean it is not coveted in that niche of the hobby. Consider the 1972 ddo die 4 cent. A rather insignificant doubled die that 99.9% of the coin collecting population would throw into the parking lot on the way to their cars in Quick Check.
But it is worth more than the "real" 1972, die 1! Why? Because it is a lot rarer, and collectors are creatures of habit trying to collect all the doubled dies from the year.
It will also promoted among variety specialists as probably having a short run, as the die "failed" early.

i agree with what you are saying. While I have been researching all of these varieties, it has opened my eyes to a lot of things, like sometimes the varieties that are not as severe are the harder ones to find and im guessing its because they are hard to spot in lower grade coins. I lucked out in that most of the varieties i have are higher grade and easier to see the rpm, ddo, or ddr

DCW

@COINS MAKE CENTS

That's all true. The "availability" of the minor varieties is a lot less on the second hand market, too. And for good reason.
The vast majority of coin collectors are unaware and uninterested in all but the major doubled dies. (Ie. 1955,1969-s, 1970-s, 1983, 1984, 1995, etc.)
There is a huge 1982 ddr and a 1988 doubled ear that are each worth a few thousand dollars.
I wonder how many collectors even know about them?

COINS MAKE CENTS

@DCW said:
@COINS MAKE CENTS

That's all true. The "availability" of the minor varieties is a lot less on the second hand market, too. And for good reason.
The vast majority of coin collectors are unaware and uninterested in all but the major doubled dies. (Ie. 1955,1969-s, 1970-s, 1983, 1984, 1995, etc.)
There is a huge 1982 ddr and a 1988 doubled ear that are each worth a few thousand dollars.
I wonder how many collectors even know about them?

Very true, normally if you see any varieties at shows, they are the bigger ones like you said. So now when im set up at shows hopefully collectors will be looking for some serious ones and also so more minor stuff that is a lot harder to find. When i looked some of them up on eBay there was very slim pickings to choose from in any grade