Can someone please explain Numismedia pricing?
RYK
Posts: 35,797 ✭✭✭✭✭
I have been looking at Heritage lots online, and I am unfamiliar with Numismedia's price guide. Here is an example from an auction lot in which I have no interest (could not afford if I was interested), as an example:
Grade: Coin World(Trends): Numismedia Retail: Numismedia Wholesale: Numismedia NGC (nmn): Numismedia PCGS (nmp): Coin Universe
63 $15,000 $11,590 $9,275 $8,200 $8,450 $20,000
64 $25,000 $19,500 $15,000 $13,500 $14,000 $40,000
Sorry for the confusing format (above), but it is more clear if you follow the link.
My questions:
1. How accurate is Numismedia considered to be? How does it compare to other established price guides? I have not heard anyone refer to it in the past.
2. How are these figures derived?
3. Why are the wholesale values greater than the PCGS and NGC values? For that matter, why are the retail numbers also greater?
4. Should I forget about Numismedia?
An interesting observation on this one example, that trades infrequently in high grade, is that the numbers of the various price guides are all over the place.
Grade: Coin World(Trends): Numismedia Retail: Numismedia Wholesale: Numismedia NGC (nmn): Numismedia PCGS (nmp): Coin Universe
63 $15,000 $11,590 $9,275 $8,200 $8,450 $20,000
64 $25,000 $19,500 $15,000 $13,500 $14,000 $40,000
Sorry for the confusing format (above), but it is more clear if you follow the link.
My questions:
1. How accurate is Numismedia considered to be? How does it compare to other established price guides? I have not heard anyone refer to it in the past.
2. How are these figures derived?
3. Why are the wholesale values greater than the PCGS and NGC values? For that matter, why are the retail numbers also greater?
4. Should I forget about Numismedia?
An interesting observation on this one example, that trades infrequently in high grade, is that the numbers of the various price guides are all over the place.
0
Comments
WH
<< <i>You should post this question on the NGC boards. Dennis Baker (of Numismedia) answers price quide questions there in the Ask Numismedia forum. >>
By my experience, Dennis is very responsive to quesitons and receptive to suggestions.
Wholesale- greysheet
Retail - Trends
real price - auction results
Why would anyone pay for this when you can get the info for free on Heritage?
Buying top quality Seated Dimes in Gem BU and Proof.
Buying great coins - monster eye appeal only.
L
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