@CoinJunkie said:
Congrats to the winner! I was low by a count of 72. My methodology was to bring up your (roughly 600) eBay listings of Barber halves, sort by price, and find the median (300th) coin, which I believe was listed for $425. I simply divided that number into your total sales figure.
That is an interesting way of doing it. I instead looked at pages of his eBay listings. I chose five random pages, added up the total price for each page and found the average value, then averaged the five pages to come up with a figure. Took that figure and divided from the total sales figure to come up with a number which was close to 1776. Then I took into consideration some 1993 wholesale transactions and the lower coin prices from decades ago and gave it a WAG bump to a nice round 2,345. A little lower than your guess. Looks like your method proved better as you were closer and did not need a WAG correction to do so. However I would like to point out that I at least had all the numbers correct, I just had the 3 in the wrong place.
It was a fun contest. Congrats to OKCC! That is a nice half to add to a collection.
I didn't want to invest more than a few minutes into it.
From your wording, it appears that you didn't restrict your random pages to Barber halves (?). If not, it'd be interesting whether doing so would have improved your calculation.
@CoinJunkie said:
Congrats to the winner! I was low by a count of 72. My methodology was to bring up your (roughly 600) eBay listings of Barber halves, sort by price, and find the median (300th) coin, which I believe was listed for $425. I simply divided that number into your total sales figure.
That is an interesting way of doing it. I instead looked at pages of his eBay listings. I chose five random pages, added up the total price for each page and found the average value, then averaged the five pages to come up with a figure. Took that figure and divided from the total sales figure to come up with a number which was close to 1776. Then I took into consideration some 1993 wholesale transactions and the lower coin prices from decades ago and gave it a WAG bump to a nice round 2,345. A little lower than your guess. Looks like your method proved better as you were closer and did not need a WAG correction to do so. However I would like to point out that I at least had all the numbers correct, I just had the 3 in the wrong place.
It was a fun contest. Congrats to OKCC! That is a nice half to add to a collection.
I didn't want to invest more than a few minutes into it.
From your wording, it appears that you didn't restrict your random pages to Barber halves (?). If not, it'd be interesting whether doing so would have improved your calculation.
Hmm... I don't recall seeing anything but Barber halves... But either way, I counted everything on the random pages. I did note there were listings with three low end halves and I counted it as one instead of three.
@CoinJunkie said:
Congrats to the winner! I was low by a count of 72. My methodology was to bring up your (roughly 600) eBay listings of Barber halves, sort by price, and find the median (300th) coin, which I believe was listed for $425. I simply divided that number into your total sales figure.
That is an interesting way of doing it. I instead looked at pages of his eBay listings. I chose five random pages, added up the total price for each page and found the average value, then averaged the five pages to come up with a figure. Took that figure and divided from the total sales figure to come up with a number which was close to 1776. Then I took into consideration some 1993 wholesale transactions and the lower coin prices from decades ago and gave it a WAG bump to a nice round 2,345. A little lower than your guess. Looks like your method proved better as you were closer and did not need a WAG correction to do so. However I would like to point out that I at least had all the numbers correct, I just had the 3 in the wrong place.
It was a fun contest. Congrats to OKCC! That is a nice half to add to a collection.
@CoinJunkie said:
Congrats to the winner! I was low by a count of 72. My methodology was to bring up your (roughly 600) eBay listings of Barber halves, sort by price, and find the median (300th) coin, which I believe was listed for $425. I simply divided that number into your total sales figure.
That is an interesting way of doing it. I instead looked at pages of his eBay listings. I chose five random pages, added up the total price for each page and found the average value, then averaged the five pages to come up with a figure. Took that figure and divided from the total sales figure to come up with a number which was close to 1776. Then I took into consideration some 1993 wholesale transactions and the lower coin prices from decades ago and gave it a WAG bump to a nice round 2,345. A little lower than your guess. Looks like your method proved better as you were closer and did not need a WAG correction to do so. However I would like to point out that I at least had all the numbers correct, I just had the 3 in the wrong place.
It was a fun contest. Congrats to OKCC! That is a nice half to add to a collection.
I didn't want to invest more than a few minutes into it.
From your wording, it appears that you didn't restrict your random pages to Barber halves (?). If not, it'd be interesting whether doing so would have improved your calculation.
Hmm... I don't recall seeing anything but Barber halves... But either way, I counted everything on the random pages. I did note there were listings with three low end halves and I counted it as one instead of three.
@CoinJunkie said:
Congrats to the winner! I was low by a count of 72. My methodology was to bring up your (roughly 600) eBay listings of Barber halves, sort by price, and find the median (300th) coin, which I believe was listed for $425. I simply divided that number into your total sales figure.
That is an interesting way of doing it. I instead looked at pages of his eBay listings. I chose five random pages, added up the total price for each page and found the average value, then averaged the five pages to come up with a figure. Took that figure and divided from the total sales figure to come up with a number which was close to 1776. Then I took into consideration some 1993 wholesale transactions and the lower coin prices from decades ago and gave it a WAG bump to a nice round 2,345. A little lower than your guess. Looks like your method proved better as you were closer and did not need a WAG correction to do so. However I would like to point out that I at least had all the numbers correct, I just had the 3 in the wrong place.
It was a fun contest. Congrats to OKCC! That is a nice half to add to a collection.
I didn't want to invest more than a few minutes into it.
From your wording, it appears that you didn't restrict your random pages to Barber halves (?). If not, it'd be interesting whether doing so would have improved your calculation.
Hmm... I don't recall seeing anything but Barber halves... But either way, I counted everything on the random pages. I did note there were listings with three low end halves and I counted it as one instead of three.
No, I specifically searched for "(pcgs, ngc, anacs)" within your eBay Barber half listings.
@CoinJunkie said:
Congrats to the winner! I was low by a count of 72. My methodology was to bring up your (roughly 600) eBay listings of Barber halves, sort by price, and find the median (300th) coin, which I believe was listed for $425. I simply divided that number into your total sales figure.
That is an interesting way of doing it. I instead looked at pages of his eBay listings. I chose five random pages, added up the total price for each page and found the average value, then averaged the five pages to come up with a figure. Took that figure and divided from the total sales figure to come up with a number which was close to 1776. Then I took into consideration some 1993 wholesale transactions and the lower coin prices from decades ago and gave it a WAG bump to a nice round 2,345. A little lower than your guess. Looks like your method proved better as you were closer and did not need a WAG correction to do so. However I would like to point out that I at least had all the numbers correct, I just had the 3 in the wrong place.
It was a fun contest. Congrats to OKCC! That is a nice half to add to a collection.
I didn't want to invest more than a few minutes into it.
From your wording, it appears that you didn't restrict your random pages to Barber halves (?). If not, it'd be interesting whether doing so would have improved your calculation.
Hmm... I don't recall seeing anything but Barber halves... But either way, I counted everything on the random pages. I did note there were listings with three low end halves and I counted it as one instead of three.
No, I specifically searched for "(pcgs, ngc, anacs)" within your eBay Barber half listings.
Comments
I didn't want to invest more than a few minutes into it.
From your wording, it appears that you didn't restrict your random pages to Barber halves (?). If not, it'd be interesting whether doing so would have improved your calculation.
Congrats to the winner.
Thanks for the chance.
"Jesus died for you and for me, Thank you,Jesus"!!!
--- If it should happen I die and leave this world and you want to remember me. Please only remember my opening Sig Line.Hmm... I don't recall seeing anything but Barber halves... But either way, I counted everything on the random pages. I did note there were listings with three low end halves and I counted it as one instead of three.
It's funny, The 1st thing I noticed was the number. I almost tossed that out as some type of clue but I figured it would make it too convoluted!
Ah, one of your flaws. You were including some uncertified coins. Perhaps Coinjunkie was too!
No, I specifically searched for "(pcgs, ngc, anacs)" within your eBay Barber half listings.
You forgot the ICG's
There's your answer! 