FREE! On-Line U.S. Coin Prices

dingodog · November 6, 2004 8:12PM

We've just released the NumisEXPERT/ProIII on-line coin price list for every U.S. coin since 1616 including attributes, errors, and varieties with Price History. Free! All underscored individual prices link to a time-line price performance chart for that coin.

While this price list is static (you can look at it, or print it), the prices provided via our NumisEXPERT/ProIII Collector and/or Dealer versions are real-time dynamic. That is, as prices change, your inventory is automatially updated to the current "Market Value". Questions or comments here or my email.

cosmicdebris · November 7, 2004 1:10AM

Prices only go to MS67? No attributes for RB, FB, FH, CAM & DCAM, etc.?

mercurynut · November 7, 2004 3:30AM

Its a nice start! Keep it up!

tradedollarnut · November 7, 2004 3:55AM

Terrible set up. It took forever to figure out where the silver dollars were and info is stuck inside that little box at the bottom of the page. Either there's no information for the silver and trade dollars or I couldn't figure out how to make it show.

Nice start, but user unfriendly IMO.

Stuart · November 7, 2004 5:11AM

<< info is stuck inside that little box at the bottom of the page >>

Bruce: I agree 10%% with the above comment. I suggest that you inrease the size of the active browsing window containing prices.

haletj · November 7, 2004 5:20AM

Lincolns seem to be inline with the other price guides on what's too high and what's too low. I think Lincolns are so impossible to price due to the vast differences of prices due to the vast difference in quality for a particular grade. Many of the coins in RD holders are not really red and sell for huge discounts, and true red coins that are indeed close to gem sell for huge premiums. How does one pick out a single number to place in a guide?

dingodog · November 7, 2004 7:16AM

Dear ManofCoins,

Thanks for the input! We're working to improve things. Our sampling sets are rather limited right now but are growing daily. We believe the prices will continue to get better.

Rgds
Jan

dingodog · November 7, 2004 7:23AM

Bruce,

Thanks for the comments. We're working to improve functionality, ease of use, etc. Today is the first day an outsider has seen it. If it is as bad as you say that's good because it can only get better, right? You will see many changes. The prices on the silver coins are there. A short example:

1795
Variety: (Off-center bust)
Business 1,038 1,326 2,377 3,881 8,523 11,622 12,967 27,660 -- 40,626 67,939 -- -- -- --
1795
Variety: Centered bust.
Business 1,011 1,296 2,333 3,888 8,814 10,542 11,406 31,107 -- 42,513 77,767 108,874 -- -- --
1796
Variety: Lg. Date, sm. Let.
Business 1,038 1,326 2,377 3,881 8,523 11,622 13,771 -- -- -- -- -- -- -- --

We of course want to not only make it "user friendly" but also "user must use". Your comments help us do that. Thanks!
Jan
1796
Variety: Sm. Date, lg. Let.
Business 1,038 1,326 2,377 3,881 8,523 11,622 12,319 15,496 -- -- -- -- -- -- --

dingodog · November 7, 2004 7:29AM

<< Lincolns seem to be inline with the other price guides on what's too high and what's too low. I think Lincolns are so impossible to price due to the vast differences of prices due to the vast difference in quality for a particular grade. Many of the coins in RD holders are not really red and sell for huge discounts, and true red coins that are indeed close to gem sell for huge premiums. How does one pick out a single number to place in a guide? >>

Thanks for your comments. Yes, grading companies have some difficulties, so do we. I don't believe there is a color swatch standard for red, is there? Perhaps we should define one?

We gather many prices on each specific coin, and we run them through our software. We rate the sources individually and assign them a "weight" which is re-analyzed each time we run the program. So we are not picking a single price but rather a synthesis of many prices. With a small sample we get skews, with an ever increasingly large sample, it gets better. Please remember, today is Day One for anyone outside our shop looking at the software.

Thanks and best regards. Please keep your critiques coming--they are welcomed and appreciated and they will go to help make the software better.

Rgds
Jan

michael · November 8, 2004 4:42PM

the link finally works for me and i like the non moving grades and you move for th4e different dates with prices for biz strikes on top and proofs directly below a good thing and easy to read and use

you are off to a good start i think so

for the trade dollar prices they do not line up with the grading columns but i am sure being a brand new site there are little tweaks that need to be done

but overall i like it and is user friendly to me

but the retail prices seem to be really high in some/many areas i am familiar with

for example ms65 75s twenty center for 6k on your site way too high............. i can buy from the highest retailer an average graded ms65 twenty center pcgs average eye appeal dipped white then average looking secondary toning and average strike like some not fully struck stars eagle breast and wing tips for a retail price of 3900 possibly less!

michael

dingodog · November 8, 2004 7:41PM

Michael,

Thanks for the comments and compliments! Yes, this is a first effort and I am sure there will be many modifications and corrections. The "non-moving grades" for example was added based on a user's selection just yesterday.

We will check into the trade dollar prices. Thanks for pointing that out.

We are aware that some of the prices are off a bit and are taking corrective actions. As the system matures and our pricing surveys get much more comprehensive, I believe this will all be corrected. We will be asking specialists in every area to supply their price lists to us.

Thanks again!
Rgds
Jan

<< the link finally works for me and i like the non moving grades and you move for th4e different dates with prices for biz strikes on top and proofs directly below a good thing and easy to read and use

you are off to a good start i think so

for the trade dollar prices they do not line up with the grading columns but i am sure being a brand new site there are little tweaks that need to be done

but overall i like it and is user friendly to me

but the retail prices seem to be really high in some/many areas i am familiar with

for example ms65 75s twenty center for 6k on your site way too high............. i can buy from the highest retailer an average graded ms65 twenty center pcgs average eye appeal dipped white then average looking secondary toning and average strike like some not fully struck stars eagle breast and wing tips for a retail price of 3900 possibly less!

michael >>

tradedollarnut · November 8, 2004 10:08PM

Now I can see the prices - and the viewing window is much larger! However, the Seated Dollar prices don't line up well with the grades, either - making it very difficult to ascertain which is which.

As a point of reference, you might check the LK Rudolf sale [Stacks May 2003] against some of your pricing. For instance, the 1846 $1 in MS65 sold for over $50k and you've got it at $35k.

dingodog · November 8, 2004 11:11PM

Hi Tradedollarnut,

Thanks for your comments and for pointing out about the line-up problem. We are already working to correct that.

We are working on a special "auctions prices realized" and hope to include the photos, but that is not ready yet. Reason is that if we use too many auction prices in our normal pricing algorythms, it skews everything. Some aution prices extreem to say the least. Admitadly the coins may be extreem but can you imagine the response we would get from the typical collector if we listed a 1926 Oregon 50c PCGS MS67 at $69,000, or a 1905 Indian Head Cent PCGS PR66RB at $3,910? Both coins recently sold in a Superior Galleries auction, or your example on the Stacks coin. One of my coins (1821 Small Date Dime, NGC64) was still listed at what I paid at auction years ago last time I checked gray sheet. At the time it was finest known but a 65 has popped up but mine might well upgrade - it is beautifully toned.

Thanks for the input!
Rgds
Jan

<< Now I can see the prices - and the viewing window is much larger! However, the Seated Dollar prices don't line up well with the grades, either - making it very difficult to ascertain which is which.

As a point of reference, you might check the LK Rudolf sale [Stacks May 2003] against some of your pricing. For instance, the 1846 $1 in MS65 sold for over $50k and you've got it at $35k. >>

saintguru · November 8, 2004 11:35PM

The prices on Saints, particularly high grades is off significantly in a many mintages. Keep trying...

dingodog · November 9, 2004 12:07AM

JB,
Thanks for the post. The high grades present a peculiar problem (auctions!). We are in process of creating a separate list for auction prices realized and will have a fair amount of detail, including hopefully photos.

We will keep trying.

By the way, we invite users, dealers, everyone to update us on prices, if they will. Also data. The coin domain is infinitely larger that most suspect.

Rgds
Jan

<< The prices on Saints, particularly high grades is off significantly in a many mintages. Keep trying... >>

tradedollarnut · November 9, 2004 1:44AM

Reason is that if we use too many auction prices in our normal pricing algorythms, it skews everything. Some aution prices extreem to say the least. Admitadly the coins may be extreem but can you imagine the response we would get from the typical collector if we listed a 1926 Oregon 50c PCGS MS67 at $69,000, or a 1905 Indian Head Cent PCGS PR66RB at $3,910? Both coins recently sold in a Superior Galleries auction, or your example on the Stacks coin.

Imagine the response you'll get from the typical collector if they sell their really rare coin too cheap because they follow an erroneous price guide!

Why people think they can do a pricelist without expert guidance is beyond me.... you really have to know when the auction price represents the true price and when it doesn't. Of course $69,000 doesn't represent the normal price for an Oregon of that date and grade - but experts [and novices too, in this case!] in the series know that immediately. Just as an expert in the series would know that $35,000 for an MS65 1846 seated dollar is way too low. When was the last gem sold in auction before the Stacks sale? An expert would know that the last sale was 1992 at the Floyd Starr sale and the coin realized almost $30k - and it's still in a 65 holder so it's not a matter of grade/price inflation. So, in fact, the $50k that the Rudolf specimen realized was a relative bargain - supported by the fact that it sold for over $60k privately a bit under a year later. Further, any no motto seated dollar in gem [other than the 1860-O] is now worth a minimum of $42,500 - so why wouldn't a pop 2 date in the 1840's be worth significantly more?

Edited to add: No disrespect intended - the effort you've put in is extensive. But, outsiders looking in cannot do a good job on price guides except for the most common dates and grades. The issue is simply too complex!

dingodog · November 9, 2004 2:53AM

Dear Tradedollarnut;

<< Imagine the response you'll get from the typical collector if they sell their really rare coin too cheap because they follow an erroneous price guide!

<< 

Actually, the price list is only a very small part of the software system. If you have time to look at the inventory program at Link you will see that there are many safeguards to preventing just that.

We are open to all the expert guidance we can get. We happily welcome anyone and everyone that might care to give us advice or suggestions or information, and I guarantee you it will be reflected in the program (which, by the way, has been, is, and will remain a labor of love cost more than some of my "expert" friends' collections put together. I mean no disrespect to them or anyone, I am just reacting to your "Why people think ..." comment. I don't mind being the idiot that barges ahead without the benefit of expert information but I wont bore you with the list of other that did, like (long list deleted - primarily all the great thinkers and doers of the last few thousand years).

Anyone that would like to assist in the development of this coin software system is very much welcome!

I do appreciate your comments. I just sometimes resent being called a "people". I'm actually from another planet but that doesn't matter.

Best regards
Jan

<< Why people think they can do a pricelist without expert guidance is beyond me.... you really have to know when the auction price represents the true price and when it doesn't. Of course $69,000 doesn't represent the normal price for an Oregon of that date and grade - but experts [and novices too, in this case!] in the series know that immediately. Just as an expert in the series would know that $35,000 for an MS65 1846 seated dollar is way too low. When was the last gem sold in auction before the Stacks sale? An expert would know that the last sale was 1992 at the Floyd Starr sale and the coin realized almost $30k - and it's still in a 65 holder so it's not a matter of grade/price inflation. So, in fact, the $50k that the Rudolf specimen realized was a relative bargain - supported by the fact that it sold for over $60k privately a bit under a year later. Further, any no motto seated dollar in gem [other than the 1860-O] is now worth a minimum of $42,500 - so why wouldn't a pop 2 date in the 1840's be worth significantly more?

FREE! On-Line U.S. Coin Prices

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