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Do you self appraise your colleciton on a regular basis?

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.

Comments

  • OperationButterOperationButter Posts: 1,672 ✭✭✭
    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, bigole
  • TommyTypeTommyType Posts: 4,586 ✭✭✭✭✭
    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 Collector
  • silverpopsilverpop Posts: 6,709 ✭✭✭✭✭
    no
  • BAJJERFANBAJJERFAN Posts: 31,205 ✭✭✭✭✭
    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;
  • BoosibriBoosibri Posts: 12,330 ✭✭✭✭✭
    Originally posted by: BAJJERFAN

    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.




    That is what I use.

  • TopographicOceansTopographicOceans Posts: 6,535 ✭✭✭✭
    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
    image
    image
  • rickoricko Posts: 98,724 ✭✭✭✭✭
    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, RickO

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