Presentation: How to Price Your Coins..need input from YOU.

Halfhunter06

I am creating a presentation about "How to Price Your Coins" and would like any advice you can give me on the following:

1. CAC Coins

2. Gold CAC Coins

3. Attractive Toning

4. Genuine Coins

5. Pedigree Slabs

6. Error Coins

Thanks Everyone!

RedTiger

Price them at what venue? As a collector trying to sell to a dealer? A collector selling to other collectors at the local club auction? Ebay? A dealer setting up at a show trying to sell (if they need this advice, they probably are in over their heads). As always, a single coin will trade in a wide range of prices, and the low wholesale price might be 1/4 of the full retail price. There is no single price, not even two prices fair wholesale and fair retail, for any given coin. There is a wide range.

With every category of commonly traded coins, auction results, along with price guides, along with retail asking prices from major dealer sites will get a person to the right ball park and that is about all a person can realistically hope for. For thinly traded high value rare coins, if a person needs a presentation to price their coin, they may well be in over their heads. Buyers looking to buy bulk lots usually get a lower price than buyers that buy single coins.

With any presentation, have information accessible to all levels of collectors, beginners and kids, intermediate, and a very few nuggets for the advanced. The advanced probably can give the presentation, and often know more about pricing than many dealers in their area of specialty.

Walkerguy21D

Besides all of RedTiger's thoughtful inputs, my simplistic approach is - what did I pay for it, what do they typically sell for, can I sell it for less than this to attract a buyer and still make a profit? Which also means, I have to be careful when I purchase coins intended for resale.
Not much 'meat' I realize, but it works for me.
Good luck with your project!

crypto79

the better the coin the better the price. All factors have an accumulative effect and an with the possible exception of a CAC gold sticker you can find dogs with some or all of those attributes. There are too many variables to predict the perfect storm but just like cars, even though it is the same car options sell it and bring the money.

LindeDad

Use just enough bait to hide the hook.

g048406

Use Terapeak to price coins. They give you actual ebay realized prices for all coins purchased over the last year. Combine that with heritage and teletrade archives, and you have a powerful tool. I find grey sheet only applies to dealers that do not sell on ebay.

Good Luck with your presentation

leothelyon

I think you need to start with a census on how to determine the level of quality of a coin before guessing at prices.

Halfhunter06

thanks for the input so far

penny4yourthoughts

Does Terapeak list in easy to look at categories or do you have to search for specific coins?