Pricing For Coins Graded XF45, AU53, AU55, MS62 Ect....

CoinAddiction

How do you price coins or get an idea what they are worth when the coins are graded a grade that the greysheet does not list like XF45, AU53, AU55, MS62 ect....? So when your trying to purchase let's say an AU53 or AU55 coin how do you get an idea of what the coin is worth because the greysheet doesn't give you those prices and i've always wondered how people or dealer's figure this out? Is there some percentage that you add to a AU50 price to get a AU53 or AU55 price or how is this done?

I hope this ain't a dumb question

291fifth

What the market will bear. When buying such coins think like a dealer and buy like a dealer. XF45 and AU55 are widely accepted grades and will generally bring a premium. AU53 is a grade that dealers virtually never pay a premium for but often try to sell for a premium. MS62 coins are all over the lot. Some are really just nice AUs while others are inferior MS coins.

There is no set rule when pricing such coins, just don't overpay.

winesteven

You can go to the PCGS Price Guide, available for free. However, that’s a “retail” price guide.

I use auction data results, available for free from PCGS. Look at the bottom of their page in the black area on the left for “Auction Prices Realized”. Their filter system is great, and includes sales of NGC graded coins as well. However, they do not include auction results from Great Collections, so go to the GC website for their “Coin Auction Archive”, also found at the bottom of their homepage.

From the above auction data, you don’t get a single figure, but a range of real results!

Steve

CoinAddiction

@291fifth said:

There is no set rule when pricing such coins, just don't overpay.

                                         ^ ^That's for sure^^

Yeah, i just thought there was maybe something i didn't know or always wondered about it, thankfully most of my Morgan dollar set is MS.

MFeld

@291fifth said:
What the market will bear. When buying such coins think like a dealer and buy like a dealer. XF45 and AU55 are widely accepted grades and will generally bring a premium. AU53 is a grade that dealers virtually never pay a premium for but often try to sell for a premium. MS62 coins are all over the lot. Some are really just nice AUs while others are inferior MS coins.

There is no set rule when pricing such coins, just don't overpay.

Those grades shouldn’t be treated any differently than other grades. And if you think like a dealer and buy like a dealer, you’re probably not going to end up with very many of the coins you want for your collection.

gumby1234

It doesn't matter what price a dealer puts on any coin. What matters is what you are willing to pay for a certain coin.

lilolme

I know that the CDN (greysheet) has a value for the CPG in those grades and also for the CAC in those grades. So are you sure that their online information does not have any greysheet value for those grades as they say they calculate the CPG from the greysheet.
I don't subscribe and therefore no online viewing. Perhaps this is the same for you.

From
https://www.greysheet.com/cdn-collector-price-guidance
We use a sophisticated, dynamic formula to determine the proper CPG® value based on our published wholesale values. The formula will change from time to time, based on market influences, feedback and so on. The most important aspect is that, as wholesale prices change, the CPG values will change as well. No longer will the collector be left behind!

The cac values, produced by CDN, are at the cac website and have values for those grades.

https://www.caccoin.com/pop/

As noted auction results are available and some other online price guides like numismedia have some of those grades. Others might also.

http://www.numismedia.com/rarecoinprices/fmv.shtml

291fifth

@MFeld said:

@291fifth said:
What the market will bear. When buying such coins think like a dealer and buy like a dealer. XF45 and AU55 are widely accepted grades and will generally bring a premium. AU53 is a grade that dealers virtually never pay a premium for but often try to sell for a premium. MS62 coins are all over the lot. Some are really just nice AUs while others are inferior MS coins.

There is no set rule when pricing such coins, just don't overpay.

Those grades shouldn’t be treated any differently than other grades. And if you think like a dealer and buy like a dealer, you’re probably not going to end up with very many of the coins you want for your collection.

I no longer buy coins or any other collectibles but if I did I would only think and buy like a dealer. In my long experience in the coin field I never found dealers to be the least bit generous when it came time to buying.

Goldbully

BONGO MAYBE NOT SURPRISED THAT OLD COIN IS LIKE ANY OTHER LIMITED NON ESSENTIAL COMMODITY AND SUBJECT TO THE WHIMS OF TASTE AND MARKET.

stevefromne

@winesteven said:
You can go to the PCGS Price Guide, available for free. However, that’s a “retail” price guide.

I use auction data results, available for free from PCGS. Look at the bottom of their page in the black area on the left for “Auction Prices Realized”. Their filter system is great, and includes sales of NGC graded coins as well. However, they do not include auction results from Great Collections, so go to the GC website for their “Coin Auction Archive”, also found at the bottom of their homepage.

From the above auction data, you don’t get a single figure, but a range of real results!

Steve

For the GC archive, in order to see the prices realized, you'll need to sign in with your account.

Maywood

@winesteven said: You can go to the PCGS Price Guide, available for free. However, that’s a “retail” price guide.

I use auction data results, available for free from PCGS. Look at the bottom of their page in the black area on the left for “Auction Prices Realized”. Their filter system is great, and includes sales of NGC graded coins as well. However, they do not include auction results from Great Collections, so go to the GC website for their “Coin Auction Archive”, also found at the bottom of their homepage.

From the above auction data, you don’t get a single figure, but a range of real results!

I think in a world without price guides that quite a number of collectors would be unable to function and the above quote tends to highlight that while also providing the best reliable data source(s). Collecting non-coins has made that a reality for me.

Cougar1978

I use CPG or CF like for US coins.

Otherwise just use my own free roam method. It could be an average of 2 known variables. Am big picture / analytical kind of guy not some digital herd animal.

Where this data not available it could be cost plus or just say 100 is MS60 MV so I just take 45/60 x 100 for an xf 45. Or 55/60 for an AU55 world coin where CV MS60 listed. Just use your own analysis. Cost x 2 another option.

Beyond that could care less what somebody else does or their BS. I do a lot of world material so auc prices unavaliable or spotty. Auction prices can be what somebody gave it away for or way overpaid because of bid war, label or sticker. Be analytical / Big Picture not some digital…..

Rondor

As a collector/investor I seek coins that are premium for grade like a very picky collector and then I look at auctions and NNP. I wont overpay more than maybe 20% if, and only if it's what I consider top of it's own grade pop.

My experience is these coins can always be sold for a premium to market. Now or later.

Lastly, if it's not CAC'd, I will get it beaned. (Of course these are my favorite buys)

As a collector, I hate looking at fugly coins I own. I wonder why I every bought that damn thing. Dealers buy and sell mostly mediocre coins or they would never earn a living.

silverpop

I use coin books and online price guides to help with pricing coins

Walkerguy21D

Pricing is very situational to the coins you are seeking, as well as whom you are seeking them from.

Carrying around a greysheet and an attitude of "I pay 10 back" may well work at the Sunday bourse, if you are filling albums, or looking for generics/dreck, etc.

Try that a FUN, and you'll be relegated to the Budget section, or at best be offered some "box stock" to look through.

Specialist dealers in my experience generally command moon money - but on the flip side, they also pay strongly for the good stuff.

And unless something is truly rare or esoteric, chances are you will see at least several of what you are seeking, and shopping around can lead you to the best value.

lilolme

@stevefromne said:

@winesteven said:
You can go to the PCGS Price Guide, available for free. However, that’s a “retail” price guide.

I use auction data results, available for free from PCGS. Look at the bottom of their page in the black area on the left for “Auction Prices Realized”. Their filter system is great, and includes sales of NGC graded coins as well. However, they do not include auction results from Great Collections, so go to the GC website for their “Coin Auction Archive”, also found at the bottom of their homepage.

From the above auction data, you don’t get a single figure, but a range of real results!

Steve

For the GC archive, in order to see the prices realized, you'll need to sign in with your account.

This is partly true. At the page below that is what it states and needed to see the prices on this page. However, if you click on one of the action items / lots then it takes you to the completed auction page for that item / lot and the price is there without logging in. This is not convenient if searching many lots but if looking for a couple known items then it works without logging in.

.

logger7

If you have an account with HA, you can get a lot of auction results as well as Greysheet grades. Also try Coinfacts on this site. If you subscribe to Greysheet many of the inbetween grades are available online for subscribers.

Soldi

You can go to the PCGS Price Guide, available for free. However, that’s a “retail” price guide.

Yes. Uber Scubber Doober retail

coinandcurrency242

I am on the great collection bandwagon to check their archives. You can also check comps on ebay.

lilolme

@coinandcurrency242 said:
I am on the great collection bandwagon to check their archives. You can also check comps on ebay.

If only using one auction source, then using GC will limit your informations. As noted above the pcgs auction prices realized will give you data from Heritage, Stacks, Legend, David L., Goldberg and there is a button for including/excluding eBay but not sure how well it works as I never use it.

CoinAddiction

Yeah, right now what i've been doing is going to GreatCollections archive, Ebay's sold listings and PCGS archive of sold listing too. I just thought that maybe there was an easier way kind of like just going to the Greysheet for other grades and prices. It would be nice if the Greysheet would show these grades and pricing.

lilolme

@CoinAddiction said:
Yeah, right now what i've been doing is going to GreatCollections archive, Ebay's sold listings and PCGS archive of sold listing too. I just thought that maybe there was an easier way kind of like just going to the Greysheet for other grades and prices. It would be nice if the Greysheet would show these grades and pricing.

As I noted previously I no longer have a subscription so I can't check the online CDN. However, before CDN started charging for the CPG I would occasionally use it. The CPG had prices for these grades. Since CDN states that the CPG is generated from the greysheet values I assumed that the online greysheet had these prices for these grades. If the online greysheet does not have them, then I am curious where the CPG numbers are coming from.

Also, as note before, the CAC website has the CDN numbers for CAC coins and it has the prices for these grades. So kind of interesting if the greysheet does not and the other CDN prices do.

stockdude_

@291fifth said:

@MFeld said:

@291fifth said:
What the market will bear. When buying such coins think like a dealer and buy like a dealer. XF45 and AU55 are widely accepted grades and will generally bring a premium. AU53 is a grade that dealers virtually never pay a premium for but often try to sell for a premium. MS62 coins are all over the lot. Some are really just nice AUs while others are inferior MS coins.

There is no set rule when pricing such coins, just don't overpay.

Those grades shouldn’t be treated any differently than other grades. And if you think like a dealer and buy like a dealer, you’re probably not going to end up with very many of the coins you want for your collection.

I no longer buy coins or any other collectibles but if I did I would only think and buy like a dealer. In my long experience in the coin field I never found dealers to be the least bit generous when it came time to buying.

And as Mark said you will probably up with very few nice coins

CoinAddiction

@lilolme said:

@CoinAddiction said:
Yeah, right now what i've been doing is going to GreatCollections archive, Ebay's sold listings and PCGS archive of sold listing too. I just thought that maybe there was an easier way kind of like just going to the Greysheet for other grades and prices. It would be nice if the Greysheet would show these grades and pricing.

As I noted previously I no longer have a subscription so I can't check the online CDN. However, before CDN started charging for the CPG I would occasionally use it. The CPG had prices for these grades. Since CDN states that the CPG is generated from the greysheet values I assumed that the online greysheet had these prices for these grades. If the online greysheet does not have them, then I am curious where the CPG numbers are coming from.

Also, as note before, the CAC website has the CDN numbers for CAC coins and it has the prices for these grades. So kind of interesting if the greysheet does not and the other CDN prices do.

I just have the greysheet magazine, so maybe the online greysheet has these prices and grades. I have a pretty recent greysheet magazine but i haven't signed up for the online subscription. The greysheet magazine does give the CAC numbers just not those in between grades and pricing.

jesbroken

Homework has never changed. The more you do the better you are at the subject in question. Way too many free ways to determine what the market is paying for a certain grade, color, holder, whatever info you need. Go to ebay historical sales, not just ended auctions, but sold auction. Go to PCGS CoinFacts click on the coin you are wanting info on and look below their samples and you will see a sales list for all grades that have sold for that coin from their viewpoint. Heritage, Great Collections and other auction companies all offer historical sales info. If you are looking for $25 coin just bid and take a chance, but if the coin is valuable their is no reason not to be educated before bidding or buying.
Jim

lilolme

@CoinAddiction said:

@lilolme said:

@CoinAddiction said:
Yeah, right now what i've been doing is going to GreatCollections archive, Ebay's sold listings and PCGS archive of sold listing too. I just thought that maybe there was an easier way kind of like just going to the Greysheet for other grades and prices. It would be nice if the Greysheet would show these grades and pricing.

As I noted previously I no longer have a subscription so I can't check the online CDN. However, before CDN started charging for the CPG I would occasionally use it. The CPG had prices for these grades. Since CDN states that the CPG is generated from the greysheet values I assumed that the online greysheet had these prices for these grades. If the online greysheet does not have them, then I am curious where the CPG numbers are coming from.

Also, as note before, the CAC website has the CDN numbers for CAC coins and it has the prices for these grades. So kind of interesting if the greysheet does not and the other CDN prices do.

I just have the greysheet magazine, so maybe the online greysheet has these prices and grades. I have a pretty recent greysheet magazine but i haven't signed up for the online subscription. The greysheet magazine does give the CAC numbers just not those in between grades and pricing.

Okay, that sounds right.
The CAC are available here on the CAC website (I just doubled checked to make sure those had not gone away like the CPG did when they decided to start charging for them)
https://www.caccoin.com/pop/