Do you self appraise your colleciton on a regular basis?
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TopographicOceans
Posts: 6,535 ✭✭✭✭
I go through my slabbed coins and update the current PCGS Price Guide prices at the start of each year.
I still keep the value at what I paid for each coin though, but it's good to have another reference.
I still keep the value at what I paid for each coin though, but it's good to have another reference.
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I do. I keep a very detailed excel spreadsheet with all information needed. In that sheet I have a market value for each coin in my collection. Its nice to have it all linked up so I can track net worth etc.Gold is for savings. Fiat is for transactions.
BST Transactions (as the seller): Collectall, GRANDAM, epcjimi1, wondercoin, jmski52, wheathoarder, jay1187, jdsueu, grote15, airplanenut, bigole0 -
I use the Heritage "My Collection" service(?) to store records of my slabbed coins. It keeps a total for what you told it you paid, and both a wholesale and retail value for each coin, and in aggregate....(Assuming you have any deep and meaningful trust in either of them).
And to track over time, I try to pull out the wholesale value for each coin every 6 months or so, and plug it into a spreadsheet. It can help inform about which areas are moving, and which are not.Easily distracted Type Collector0 -
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Originally posted by: TopographicOceans
I go through my slabbed coins and update the current PCGS Price Guide prices at the start of each year.
I still keep the value at what I paid for each coin though, but it's good to have another reference.
The PCGS my inventory can do all of that for you.theknowitalltroll;0 -
Originally posted by: BAJJERFANOriginally posted by: TopographicOceans
I go through my slabbed coins and update the current PCGS Price Guide prices at the start of each year.
I still keep the value at what I paid for each coin though, but it's good to have another reference.
The PCGS my inventory can do all of that for you.
That is what I use.
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Both HA MyCollection and PCGS My Inventory work well, but I don't have all my coins there.
I have my own application that I use and the prices don't get updated automatically
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I used to do this... quite detailed years ago. Then I realized I will never sell a coin,
so it became a waste of effort. Cheers, RickO0
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