Increasing certified coin turnover?

puffer

I'm not sure how you would calibrate the rate of certified coin turnover in auctions, through private sales and consignments. Is this rate of turnover increasing with the hold times for certified coins decreasing? Thanks.

leothelyon

Increasing certified coin turnover.........what is that?

BAJJERFAN

<< <i>Increasing certified coin turnover.........what is that? >>



The same coin/s being flipped/sold over and over again.

messydesk

If you look at auctions, it can be easy to mistake buybacks that are subsequently relisted for rapid turnover.

LindeDad

Upgrading?

ricko

Why would this be significant? Surely there are better market indicators....Cheers, RickO

puffer

Wouldn't there be a way to do a statistical analysis of average turnover across the certified coin marketplace? Several months to a year, to several years to a decade and more?

shorecoll

There would be if you were Heritage or someone that already had that stuff in a database, I wouldn't want to do data entry on it. It would be fairly easy to do in a thinly traded series, but that might not be accurate for other reasons.

SAM5969

I used the term, "incestuously trading within a tight knit circle of people" in a recent post .. Is this the same thing you are talking about?

BAJJERFAN

<< <i>I used the term, "incestuously trading within a tight knit circle of people" in a recent post .. Is this the same thing you are talking about? >>



No. It's more like you buy a coin at a show, consign it to Heritage, I buy it and sell it on eBay. The dealer who bought it from me on eBay puts it up on his website.

puffer

So there is no computer program that would be able to do all the number crunching for us, searching online auctions or certified coins and other verifiable sales and come up with % turnover year by year?

jdimmick

Ive been seeing a several coins turning over and over and usually they are not the best examples:

I am sure there are many but he is one example I followed.

1874-cc Dime Originally in an Anacs XF details cleaned holder from the Bentley sale earlier last year. I believe it went for around 19-20k.

Showed up in a PCGS 45 holder for the summer fun at 25.8k
Was on DLRC website and ebay at some point between then an prior for around 30 something
then sold in legend sale in December this time with a cac sticker. 32.9k
Now I see it coming up again in the next heritage auction in march 15

there are a few others like this I have seen over and over recently