Numismedia Price Guide

giantsfan20

Was wondering others thought on the Numismedia Price Guide. Since Heritage Auctions and NGC grading use it gives them some creditablity but have never seen any dealer at a coin show have one.The mesage board is terriable with non related spam going back a couple of months that show a lack of concern thier. Does the collectors version of the price guide differ from what you get online as well or is the same just printed.

Thanks for any replies










link

LanceNewmanOCC

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this is the link i've used for years
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LanceNewmanOCC

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you did something to mess up the link since i first clicked it 25 seconds ago
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LanceNewmanOCC

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you did something to mess up the link since i first clicked it 25 seconds ago
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it looks like an extra forward slash /

LVGT

I've found it useful. I think pricing is fairly accurate and up to date.

joeykoins

I too like to judge a price of a coin from the PCGS price guide,but when it all comes down to it,it's the buyer of the coin that really has ALL the say in the final price,right? Some prices in the end of the deal are so,so far from the price from PCGS or any price guide, for that matter!

Kove

I know several dealers who use a printed version of this price guide, especially for grades that the Greysheet doesn't cover, like MS67 or AU53.

morgansforever

If the online version is updated daily, why join if your just a casual collector?
I don't see an advantage of joining. Is there PG popular within the numismatic community?

pursuitofliberty

I think the online collectors version (free) of numismedia is a good basis point, and covers a lot of ground. I use it as one of my tools.

golddustin

Very timely post - I was just gonna comment on Numismedia values myself. I thought that they would be somewhat representative of actual bid/ask prices, since they are supposedly based on actual transactions, but I went to a local show to look into selling a couple of Lib half eagles this w/e. I checked the Numismedia listings just before I left, and when I played the "What do you want for it?" game with dealers, they looked at me like I was holding a gun to their head! Here are 2 examples -

1880 $5 NGC MS65 numismedia list value $5,000 grey sheet list - $3,260 (PCGS guide - $6,500!!!!)
1881 $5 pcgs MS63 CAC numismedia list value $1,000 grey sheet list - $620 (PCGS guide on Sat $1,150 - today down to $860)

Now, I was using the collector's price guide, not the subscription 'dealer's values' guide, so I don't know if there is that much difference between the two. But why even post a value that is so much out of line with greysheet? It's not doing the casual collector any service, that's for sure. For those who get the subscription pricing service, can you tell us if the prices are closer to actual greysheet?

roadrunner

The vast majority of coins on those "popular" price guides are full retail+++ levels. In most cases you have to apply a 60-80% fraction to them. At least that works
for me in the choice/gem type and mint state generic gold areas. I'm sure for moderns the range is even wider, maybe 20% to 200% ranging from a common slabbed
Gem MS66 wheat cent to a rare pop top REG set coin. In the areas of circ (and sometimes unc) better dated 18th, 19th, and early 20th coinage the price guide is often close
to the true wholesale level, if not more. For coins that you can routinely buy via a 5-60 min internet search, the fractional rules apply. For those coins that just don't
show up, they require different pricing (ie a choice XF40 1897-0 Barber dime for example). There's no easy way to know what's up except via experience. CDN is a fairly
close guide for the >90% of coins that trade regularly in the marketplace, such as mint state generic gold. There are lots of bids and buyers to keep levels current. That's
not the case for scarce and underrated coins that don't tend to show up very often.

Steve

ANY price guide SHOULD have two prices showing. A retail price which should represent the price the seller of the coin wants to receive and a wholesale price which should represent the price a buyer of a coin is willing to pay. The actual value of the given coin should be somewhere in between the two prices and would, of course, be determined by NEGOTIATION between the buyer and the seller. Steve

droopyd

I have been pricing some modern proof commems for eventual resale. Current Numismedia prices for many of these issues are far below current eBay realized sales, especially silver issues.

Unknown

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Cougar1978

I have no use for Numismedia as a price guide. For Market Retail in my computer I use the higher of CW Values vs CU. I also track the high, low, and then average of auction prices per Coin Facts. Another column has a retail based on CDN Bid + 40%. My goal is to get somewhere between cost and retail on my sales online or at shows. For stickered coins I simply price them at cost + 50% if this is higher than CW vs CU.