What kind of guide do most of you use to determine values on world coins?

gecko109

With U.S. coins, CDN greysheet is the most reliable indicator of wholesale prices. I know Krause has a book for world coin values, but it does not cover very high grades like 66 and 67. So what do most of you guys use to determine the values, and what you are willing to spend on world coins?

bidask

loosely....Krause publications, I use their numismaster service

coinarchives.com has some auction records....

bidask

The next grade up, so to speak ( ie from a 65 to 66, or 66 to 67) is usually a much smaller multiple than US coins.....good value for darkside coins

OnlyBuffalos

For more valuable coins, I find http://www.coinarchives.com/w/ provides a fair chance of finding pricing information. For countries I aggressively collect, I look for auction houses that deal in those countries and which have online active and archive access. For example sixbid.com frequently features China and Hong Kong coins.

My experience has been that Krause is not a good source for pricing information on BU coins.

farthing

I don't believe in being a slave to any price list. If I like the coin/token/medal and I can afford the asking price - I buy it. Very simple and worry free. Life is too short to worry about whether or not I am "overpaying" for a hobby related item.

SYRACUSIAN

<< <i>I don't believe in being a slave to any price list. If I like the coin/token/medal and I can afford the asking price - I buy it. Very simple and worry free. Life is too short to worry about whether or not I am "overpaying" for a hobby related item. >>

gecko109

<< <i>I don't believe in being a slave to any price list. If I like the coin/token/medal and I can afford the asking price - I buy it. Very simple and worry free. Life is too short to worry about whether or not I am "overpaying" for a hobby related item. >>



Good point, but you wouldnt want a newbie fellow collector paying $300 for a coin that usually goes for around $120, would you?

Thanks everyone for the replies.

farthing

As long as the newbe collector was a willing buyer and the coin was sold "sight seen", no it would not bother me.

I have no crystal ball available to tell me what drew the collector to that coin and I well know that no published price guide can keep up with all parts of the world coin market.

Just wait to see what the Millennia collection coins bring!

Preussen

<< <i>Good point, but you wouldnt want a newbie fellow collector paying $300 for a coin that usually goes for around $120, would you? >>

Only if you bought it from me




























-Preussen

coinkat

Price guides are merely price guides... it really takes experience in terms of pricing coins, following auction results in those areas of interest. While the world coin market is not the same as the US market, there are some sources that could help. The Heritage auction records for their world coins and Goldberg's. Goldberg's have a big auction featuring some really nice coins

mrpotatoheadd

<< <i>Price guides are merely price guides... >>

But... how can you offer dealers 125% of "sheet" for widgets, if you don't know what "sheet" is?

lordmarcovan

Krause.

(Edited to add: Krause, plus a smidgen or two of common sense.)

coinkat

You did say widgets...