Poll - What is the average value of a coin in your collection?

TopographicOceans

If you divide the value of your collect by the number of coins you have, what is the average value?

Do you have quantity or quality - or a combination of both?

mercurydimeguy

Only quality...



In fact I'd rather own fewer coins versus more...

ricko

I have an eclectic collection... many coins are of sentimental or historical significance to me.

Some are very valuable... I not track values since I do not sell coins... Cheers, RickO

DollarAfterDollar

I have a high grade collection of generic coins (Washington's, Franklin's, Indians). Accordingly, the "average value" is not very high.

jcping

Try my best to balance between quality and quantity

TwoSides2aCoin

Trying to limit my collection to a box of 20 concept with a "value" goal at $250K (FMV or PCGS guide, whichever works )
The problem is widgets keep getting in the way.

BAJJERFAN

Where's the option for face value?

LindeDad

I stay in the wading pool most often.

guitarwes

I have too much variety to bring my average up above $10/coin. Some cheapies are just neat to look at.

TommyType

Since my primary goal is still to have a complete type set, (or as complete as I can get).....The "box of 20" concept of low volume-high quality is out the window.

I've settled into my sweet spot in what I would call "collector grade"....and others might call dreck.

unclebob

A few cherry picks boost the value. Mostly unimpressive hodgepodge

JeffMTampa

Do I need to include the 50 year accumulation of Proof and Mint sets in the equation when I vote? If so, you might want to add a new catagory for "Under $1". I have lots of coins that would be valued between $100 and $10K, but those stacks of virtually worthless mint offerings would bring the average WAY down.

seanq

My collection is sort like my country, in that the majority of the value is held by the top 1%.



Sean Reynolds

johnny9434

theres nothing worth looking at here. move on.

BIGAL2749

Boy, I have to take a shot in the dark, or guess in the dark, on this one.

In close to 40 years I still have BU rolls of wheat pennies and rolls of BU common Morgans (last count 28) and getting an average when combined with 5 figure and a couple of 6 figure coins, I'm really guessing.
.
I think the question would have been much easier if it were top 20 to 100 coins.

SeattleSlammer

$431.74

TopographicOceans

Mine's $168.12, but I count rolls as a single item in my database.

But my Jar O'Change I keep on my desk has 78 coins I paid $925 for so that brings down my average.

Boosibri

I own maybe 50 coins, I'm around $4k per pulled up by the top 5 I own.

Cougar1978

Once I include raw US and World Collector Coins (too cheap to slab), rolls, etc average goes down. Like that jar of change.

Walkerfan

Quality is always better than quantity. Buy the best you can afford BUT buy the coin and not the holder. If you see a nice 65 that looks better than the 66s you've seen, then don't be afraid to step up to the plate and stretch for it. You still might pay less than the 66 price and you'll have a better coin, when all but the shouting is over with.

jdimmick

I was reviewing my collection after I saw this post, and actually only have 1 coin that is under the 5k threshold. its not because I have money(cause I don't), its just the fact that the few coins I do have are just too darn expensive.

hchcoin

Come on, none of you have blue Whitman folders full of average circulated coins worth practically nothing. Am I the only one who kept that kind of stuff?

TwoSides2aCoin

Of course the majority of my coins are worth less than $20. Added up they're worth about what COIN STAR will pay me which is about 3 % more than the local dealers offer. I should just go to the coin shop and finish filling up these folders. A guy can , start to finish, complete the Roosevelt dime album in silver for under $1.80 per coin. Some of them clad dimes from '65- 2015 may be more than that in mint state. That's the nature of the hobby. Most of the hobbyists real core collection is easily assembled and not that costly, with respect to the industry standard.

Raybo

Since I got rid of my "dreck" (my 7070 stuff) and concentrated on my goal of completing two (2) sets that I "currently" like my per coin value has sky rocketed. Off the top of my head I made a guess of $200 per coin, so I ticked the $200-$299.
If anyone is interested my two sets are Walkers and the ever popular two cent pieces.

hchcoin

Originally posted by: Raybo
Since I got rid of my "dreck" (my 7070 stuff) and concentrated on my goal of completing two (2) sets that I "currently" like my per coin value has sky rocketed. Off the top of my head I made a guess of $200 per coin, so I ticked the $200-$299.
If anyone is interested my two sets are Walkers and the ever popular two cent pieces.

Those are two of my favorite designs. The two cent piece is just cool

Lakesammman

I'm having a hard time averaging the high and low price items.

Bob1951

Well let's see now 7,237 coins - mostly wheat cents - divided by a total value of $89,333 times the square root of 17 should equal about $5.14.



Actually I have no way to figure this out.

UMCane

Quality over Quantity...

My 3 showcase collections consist of 15 coins - All M65 or better all CAC.
I add just 2-3 coins per year
Plus
The complete 2015 Daniel Carr World Trade collection (only 36 complete sets)

bolivarshagnasty

Not going to count the rolls of 60-d Lincolns and 62-d Jeffersons along with the other dreck thrown in the bottom of the safe, their cumulative value less than $50. If I divide the number of PCGS slabs in my inventory by the PCGS "value" it comes to $316.66 per coin. That would not include the "actual" value of the toned pieces which list this one at $20.

bolivarshagnasty

Originally posted by: Lakesammman

I'm having a hard time averaging the high and low price items.

Quite a spread there. I would guess half of the homes in the U.S. are valued less than your Stella. LOL

And she's gorgeous, BTW!

jdimmick

I love that stella

BillJones

I have probably more rarity and quality than quantity. If I had counted the rolls of wheat cents I inherited from my grandmother, my average would have lower.

RYK

I took the total value of "my inventory" in the set registry and divided by the number of coins and was 1% off from my guess!



Of course, that excludes the coins in the 7070, some unslabbed mint stuff, rolls of pennies, etc.

Shamika

I have a lot of low end stuff that I've picked up over the decades (worn wheat cents, etc) and a lot of high end certified stuff so the answer depends on whether or not I include the dreck.

roadrunner

The 90% silver sure brings the average down. Then I also have 40 common date BU Morgan rolls. I'd bet that drags the average down to $50-$150 per coin overall. Had I hoarded wheat cents it would be even worse, lol.

mozin

Hard to believe the number of CU members indicating an average coin in their collection is worth $5,000 or more. Heck, that would make even a box of twenty worth $100,000 or more. I know some wealthy collectors, but they all have far more than twenty coins in their collections.

Baley

Probably around $200 average, if I only count coins of which I'm individually aware and consider part of the main collection.



As others have said, to include the bullion, rolls, and the accumulation of assorted US junk and foreign coins from travel would bring the average far lower.

jdimmick

Mozin,

Actually , that's what I have only a few coins in my personal collection, about 19 to be exact, not quite a box of twenty. I like the coins I have, wish I had a few more, but cost has just gone insane on the few more I would really like to own. So for the time being don't see it happening.

yes, I have a few coins in dealer inventory that are more like a 100-200 avg price currently, but these come and go. I don't count these as mine. I don't keep run of the mill stuff, & I don't keep bullion.