<< <i>It's a bit under 8 bucks a month for a year's membership, or was for me. I like it already. Superb photos, pop and auction data. Plus it's brought to you by the folks who provide this wonderful forum for all to use. >>
<< <i>I signed up and like it very much but the auction data needs to be more in depth ( cover more auctions). >>
It was implied that it covers every auction for the last 10 years from Heritage, Bowers, Stacks, Goldberg and a few others. Some folks just had to tweak the parameters to get the rest of the auction data to show up.
<< <i>I signed up and like it very much but the auction data needs to be more in depth ( cover more auctions). >>
It was implied that it covers every auction for the last 10 years from Heritage, Bowers, Stacks, Goldberg and a few others. Some folks just had to tweak the parameters to get the rest of the auction data to show up. >>
I think the website still has a few kinks to work out in this regard. (finding all the auction examples in the last 10 years for these auction houses)
I am always curious about these sorts of things-- how did you set the prices for membership? It seems reasonable, but I am always intrigued by the reasoning why the cost is $x per month rather than $y. Can you offer any insights?
Always took candy from strangers Didn't wanna get me no trade Never want to be like papa Working for the boss every night and day --"Happy", by the Rolling Stones (1972)
I could be wrong but Public Auctions involves just that, a "publicly held auction" which eliminates a lot of "Internet Auctions", Heritage or not. Otherwise, Teletrade Auctions on the weekly Heritage Internet auctions could provide some interesting data.
I decided to change calling the bathroom the John and renamed it the Jim. I feel so much better saying I went to the Jim this morning.
I see very few discussing the value of the service in relation to the charge. Seems there are those that always expect the "free lunch", or at least a free apple. I took a look at it, and will probably sign up for it. Do you realize the work/research and effort that was and will be placed into this? Furthermore, as you now know, you CAN access the old Coinfacts at no charge.
This is in no way a desperation tactic. PCGS is constantly tweaking their services/offerings and will take away/change things that are not justifiable for teh business or collectors/dealers. "CLCT" IS a business, and thankfully, having employees that LOVE coins and their history. If you are SERIOUS about your love for coin collecting, (whether you are small or larger), you will find a way to spend less than $10 a month on your coffees...
If anything, it will be well worth the money in terms of entertainment and leisure enjoyment. Compare it to other entertainment alternatives, I. E. such as 2 concert tickets for a 3-hour show!!!
Much, nearly all I would imagine, of the information is regurgitated research and information done by others over the years. New and accurate information is not PCGS' sales pitch on this project. The pitch has been that this is a one stop resource.
And please don't compare the introverted experience of clicking through a website to that of a live concert.
I responded to Longacre's post with a PM. After thinking about it I decided it should be shared with everyone, so here it is.
I wish I could say there was some scientific process to arriving at this price. We discussed it internally for months. I had several outside conversations with people I know in the business - both collectors and dealers.
You have to weight the number of subscribers against the monthly fee. In other words we might get x subscribers at $49.95 per month but 10x at $9.95. That's the real challenge. I know as a dealer I would have gladly paid $49.95 per month - heck I was already paying $2800 per year for APR only, plus $3000 for CDN, etc.etc.
Ultimately I had to decide. I chose what I think is a reasonably low amount that should allow the greatest number of participants. In my opinion there isn't anyone in the coin market that can't afford $10 a month. If they can't then they aren't really buying any coins either. So for some - like dealers - this is a real steal (we've had lots of dealers signup immediately). For others, there will be some attitude adjustment as they get used to the idea of paying for this information. This approach means that it will take some time before PCGS recovers it's investment but we're ok with that. We think CoinFacts will help increase interest and collecting and sales and generally raise the level for everyone.
<< <i>I could be wrong but Public Auctions involves just that, a "publicly held auction" which eliminates a lot of "Internet Auctions", Heritage or not. Otherwise, Teletrade Auctions on the weekly Heritage Internet auctions could provide some interesting data. >>
Auction prices realised on past auctions are available free of charge on the Teletrade and Heritage web sites.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
<< <i><< In my opinion there isn't anyone in the coin market that can't afford $10 a month. If they can't then they aren't really buying any coins either.>> >>
There are those of us who CAN, but won't, for information that isn't necessary or can be obtained for free. But, believe it or not, there ARE also those who just can't afford another $10 a month.
I can afford $10 a month, but it isn't worth it because 95% of the information on the new CoinFacts is useless to me. Not paying for information I don't want or need. I want pics and a few basic stats (composition, size, weight, et cetera) I collect because I enjoy the coins. I don't need the business suit and portfolio end of it, though.
<< <i>I can afford $10 a month, but it isn't worth it because 95% of the information on the new CoinFacts is useless to me. Not paying for information I don't want or need. I want pics and a few basic stats (composition, size, weight, et cetera) I collect because I enjoy the coins. I don't need the business suit and portfolio end of it, though. >>
And if anyone should question my skepticism, just read my previous posts to this thread. However, in all fairness, I cannot be critical of a product/service that I've never sampled. So, I've decided to subscribe for a period not less than 6 months to sample this new product/service from PCGS. And futhermore I will post a fair analysis of my experience. I've been promised that CoinFacts will be a dynamic site with much to offer and if it's anything less I will let you all know.
Let the saga begin!
Cheers!
"Please help us keep these boards professional and informative…. And fun." - DW --------------------------------------------------------------------------------------------------------------------------------------- BONGO HURTLES ALONG THE RAIN SODDEN HIGHWAY OF LIFE ON UNDERINFLATED BALD RETREAD TIRES
<< <i>I responded to Longacre's post with a PM. After thinking about it I decided it should be shared with everyone, so here it is.
I wish I could say there was some scientific process to arriving at this price. We discussed it internally for months. I had several outside conversations with people I know in the business - both collectors and dealers.
You have to weight the number of subscribers against the monthly fee. In other words we might get x subscribers at $49.95 per month but 10x at $9.95. That's the real challenge. I know as a dealer I would have gladly paid $49.95 per month - heck I was already paying $2800 per year for APR only, plus $3000 for CDN, etc.etc.
Ultimately I had to decide. I chose what I think is a reasonably low amount that should allow the greatest number of participants. In my opinion there isn't anyone in the coin market that can't afford $10 a month. If they can't then they aren't really buying any coins either. So for some - like dealers - this is a real steal (we've had lots of dealers signup immediately). For others, there will be some attitude adjustment as they get used to the idea of paying for this information. This approach means that it will take some time before PCGS recovers it's investment but we're ok with that. We think CoinFacts will help increase interest and collecting and sales and generally raise the level for everyone. >>
On the bright side folks, at least its not $19.95 a month!
I decided to change calling the bathroom the John and renamed it the Jim. I feel so much better saying I went to the Jim this morning.
<< <i>I could be wrong but Public Auctions involves just that, a "publicly held auction" which eliminates a lot of "Internet Auctions", Heritage or not. Otherwise, Teletrade Auctions on the weekly Heritage Internet auctions could provide some interesting data. >>
Auction prices realised on past auctions are available free of charge on the Teletrade and Heritage web sites. >>
I realize that Perry but what I am saying is that even though Teletrade is open to the public, its not considered a "public auction". Its just another internet venue such as eBay.
Heritage Public Auctions are held at nearly every major coin show and is more of a "raise your hand" public bidding venue. I don't believe that Heritage "Internet Only" Auction data is included in the Public Auction results. At least, I could not find any when researching the Eisenhower Dollar Public Auction data which, IMO, is sorely misrepresented. No smack down on PCGS intended but I did find that most of the public auction data presented applied specifically to "error coins" and not run of the mill production coins.
I decided to change calling the bathroom the John and renamed it the Jim. I feel so much better saying I went to the Jim this morning.
Comments
<< <i>It's a bit under 8 bucks a month for a year's membership, or was for me. I like it already. Superb photos, pop and auction data. Plus it's brought to you by the folks who provide this wonderful forum for all to use. >>
'nuff said.
I give away money. I collect money.
I don’t love money . I do love the Lord God.
I am GRATEFUL that the original Coinfacts is STILL available for use.
I am what you might call a "low budget" collector and because of that, I will "pass" on the new/improved pay-to-view version.
It looks like a lot of good information for those who might need it, but at this time, I don't.
<< <i>I signed up and like it very much but the auction data needs to be more in depth ( cover more auctions). >>
It was implied that it covers every auction for the last 10 years from Heritage, Bowers, Stacks, Goldberg and a few others. Some folks just had to tweak the parameters to get the rest of the auction data to show up.
<< <i>
<< <i>I signed up and like it very much but the auction data needs to be more in depth ( cover more auctions). >>
It was implied that it covers every auction for the last 10 years from Heritage, Bowers, Stacks, Goldberg and a few others. Some folks just had to tweak the parameters to get the rest of the auction data to show up. >>
I think the website still has a few kinks to work out in this regard. (finding all the auction examples in the last 10 years for these auction houses)
Who is John Galt?
I am always curious about these sorts of things-- how did you set the prices for membership? It seems reasonable, but I am always intrigued by the reasoning why the cost is $x per month rather than $y. Can you offer any insights?
Didn't wanna get me no trade
Never want to be like papa
Working for the boss every night and day
--"Happy", by the Rolling Stones (1972)
My collections!!!! : : Photos
My new VAMmer facebook group! : Silver Dollar VAMmers
The name is LEE!
This is in no way a desperation tactic. PCGS is constantly tweaking their services/offerings and will take away/change things that are not justifiable for teh business or collectors/dealers. "CLCT" IS a business, and thankfully, having employees that LOVE coins and their history. If you are SERIOUS about your love for coin collecting, (whether you are small or larger), you will find a way to spend less than $10 a month on your coffees...
If anything, it will be well worth the money in terms of entertainment and leisure enjoyment. Compare it to other entertainment alternatives, I. E. such as 2 concert tickets for a 3-hour show!!!
I think for what you get, the price is decent.
And please don't compare the introverted experience of clicking through a website to that of a live concert.
I wish I could say there was some scientific process to arriving at this price. We discussed it internally for months. I had several outside conversations with people I know in the business - both collectors and dealers.
You have to weight the number of subscribers against the monthly fee. In other words we might get x subscribers at $49.95 per month but 10x at $9.95. That's the real challenge. I know as a dealer I would have gladly paid $49.95 per month - heck I was already paying $2800 per year for APR only, plus $3000 for CDN, etc.etc.
Ultimately I had to decide. I chose what I think is a reasonably low amount that should allow the greatest number of participants. In my opinion there isn't anyone in the coin market that can't afford $10 a month. If they can't then they aren't really buying any coins either. So for some - like dealers - this is a real steal (we've had lots of dealers signup immediately). For others, there will be some attitude adjustment as they get used to the idea of paying for this information. This approach means that it will take some time before PCGS recovers it's investment but we're ok with that. We think CoinFacts will help increase interest and collecting and sales and generally raise the level for everyone.
<< <i>I could be wrong but Public Auctions involves just that, a "publicly held auction" which eliminates a lot of "Internet Auctions", Heritage or not. Otherwise, Teletrade Auctions on the weekly Heritage Internet auctions could provide some interesting data. >>
Auction prices realised on past auctions are available free of charge on the Teletrade and Heritage web sites.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
I cant. & I do buy coins. Just because I cant commit to more money for this hobby doesnt mean I dont buy coins.
<< <i><< In my opinion there isn't anyone in the coin market that can't afford $10 a month. If they can't then they aren't really buying any coins either.>> >>
There are those of us who CAN, but won't, for information that isn't necessary or can be obtained for free. But, believe it or not, there ARE also those who just can't afford another $10 a month.
<< <i>I can afford $10 a month, but it isn't worth it because 95% of the information on the new CoinFacts is useless to me. Not paying for information I don't want or need. I want pics and a few basic stats (composition, size, weight, et cetera) I collect because I enjoy the coins. I don't need the business suit and portfolio end of it, though. >>
And if anyone should question my skepticism, just read my previous posts to this thread. However, in all fairness, I cannot be critical of a product/service that I've never sampled. So, I've decided to subscribe for a period not less than 6 months to sample this new product/service from PCGS. And futhermore I will post a fair analysis of my experience. I've been promised that CoinFacts will be a dynamic site with much to offer and if it's anything less I will let you all know.
Let the saga begin!
Cheers!
---------------------------------------------------------------------------------------------------------------------------------------
BONGO HURTLES ALONG THE RAIN SODDEN HIGHWAY OF LIFE ON UNDERINFLATED BALD RETREAD TIRES
<< <i>I responded to Longacre's post with a PM. After thinking about it I decided it should be shared with everyone, so here it is.
I wish I could say there was some scientific process to arriving at this price. We discussed it internally for months. I had several outside conversations with people I know in the business - both collectors and dealers.
You have to weight the number of subscribers against the monthly fee. In other words we might get x subscribers at $49.95 per month but 10x at $9.95. That's the real challenge. I know as a dealer I would have gladly paid $49.95 per month - heck I was already paying $2800 per year for APR only, plus $3000 for CDN, etc.etc.
Ultimately I had to decide. I chose what I think is a reasonably low amount that should allow the greatest number of participants. In my opinion there isn't anyone in the coin market that can't afford $10 a month. If they can't then they aren't really buying any coins either. So for some - like dealers - this is a real steal (we've had lots of dealers signup immediately). For others, there will be some attitude adjustment as they get used to the idea of paying for this information. This approach means that it will take some time before PCGS recovers it's investment but we're ok with that. We think CoinFacts will help increase interest and collecting and sales and generally raise the level for everyone.
>>
On the bright side folks, at least its not $19.95 a month!
The name is LEE!
<< <i>
<< <i>I could be wrong but Public Auctions involves just that, a "publicly held auction" which eliminates a lot of "Internet Auctions", Heritage or not. Otherwise, Teletrade Auctions on the weekly Heritage Internet auctions could provide some interesting data. >>
Auction prices realised on past auctions are available free of charge on the Teletrade and Heritage web sites. >>
I realize that Perry but what I am saying is that even though Teletrade is open to the public, its not considered a "public auction".
Its just another internet venue such as eBay.
Heritage Public Auctions are held at nearly every major coin show and is more of a "raise your hand" public bidding venue. I don't believe that Heritage "Internet Only" Auction data is included in the Public Auction results. At least, I could not find any when researching the Eisenhower Dollar Public Auction data which, IMO, is sorely misrepresented.
No smack down on PCGS intended but I did find that most of the public auction data presented applied specifically to "error coins" and not run of the mill production coins.
The name is LEE!