What Coin Value Guide Do You Use for pricing a Coin?

Commencents · January 7, 2020 2:06PM

With all the available' price guides like Numismedia, CDN . Coin World and many others, I thought it would be interesting to see what CU Forum members use. I use Numis the most but usually check several others too.
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ernie11 · January 7, 2020 2:09PM

This will sound wacky, but my own perception is that price guides often overstate values, so I generally look at several of the guides and pick the one with the lowest value for the coin.

Kliao · January 7, 2020 2:17PM

For me I look at past auction records to determine a value

MWallace · January 7, 2020 2:19PM

PCGS and NGC price guides as well as eBay auctions.

Tom147 · January 7, 2020 2:20PM

Our hosts, other TPG guides, Coin World etc. Check them all then make up my mind. Regardless of which one, the guide is a maximum price for me.

blitzdude · January 7, 2020 2:23PM

@Commencents said:
With all the available' price guides like Numismedia, CDN . Coin World and many others, I thought it would be interesting to see what CU Forum members use. I use Numis the most but usually check several others too.
.

Most of those guides list way overpriced. I typically look at past eBay auction history, take the average of last 5-10 sales then subtract 10%. Once I have that number I use anything under that as my buy zone.

I should also mention I do like to pull out the greysheet at shows just to rile up the dealers a bit.

ctf_error_coins · January 7, 2020 2:23PM

I listen to the voices in my head.

matt_dac · January 7, 2020 2:25PM

The only guide that ever matters to me - market prices. Fixed guides are always way over actual market prices.

1630Boston · January 7, 2020 2:30PM

@ErrorsOnCoins said:
I listen to the voices in my head.

I thought you were going to say that you listen to the tuna and lobsters at night.

Cougar1978 · January 7, 2020 2:37PM

I go to my CDN app look at CPG / Bid and then auction history usually HA.

Others TPG price, CF

I will then look at the coin see why it went high or low.

Bochiman · January 7, 2020 2:39PM

I think for many the number/guide they use is different if they are buying vs selling......

Am I wrong (for those of you that have already answered)?

bearcave · January 7, 2020 3:26PM

@MWallace said:
PCGS and NGC price guides as well as eBay auctions.

Me too. But I also use auction results.

ParlousJoe · January 7, 2020 3:33PM

For a reference I use PCGS, ATS price guides and past auction prices to have an idea of what I should pay for a coin. For currency, I use CDN's Green Sheet and again, look at past auction prices.

Walkerfan · January 7, 2020 4:04PM

PCGS, NGC, GS and completed auctions results.

I also factor in, if I think the coin is worth an additional premium or not.

CRH4LIFE · January 7, 2020 4:07PM

I value my coins off recent sales. Ebay Heritage and so on

CCGGG · January 7, 2020 4:12PM

No matter which guide/source I pull out to use, CDN, PCGS, etc, the dealers always seems to be going by different one. So I'll listen to him (or her) why there is accurate and mine is a joke, then I'll take his (or her) number, look it up on PCGS, CDN sources, subtract a certain percentage that I use and decide if it makes sense.... Getting pretty tired of the game to be honest!

BillDugan1959 · January 7, 2020 4:13PM

I use Red Book and Numismatic News for very rough price guides. One has to constantly remind one's self of two things (1) people who print the guides rely on high prices to help sell their printed papers, and (2) that if you really like a coin, the price guide doesn't own the dang coin - the seller owns it! Sometimes you simply got to pay up.

cameonut2011 · January 7, 2020 9:17PM

Heritage, Stacks-Bowers, and eBay

jfoot13 · January 8, 2020 10:28AM

If you make a fair offer and it's more than I paid, you own it. YNs have been know to get their purchases for a smile.

Kliao · January 8, 2020 10:38AM

@jfoot13 said:
If you make a fair offer and it's more than I paid, you own it. YNs have been know to get their purchases for a smile.

What do you mean

I have to pay

TurtleCat · January 8, 2020 11:37AM

I use the PCGS Prices guide as a benchmark for PCGS coins and then I work backwards from there.

ilmcoins · January 8, 2020 11:50AM

@Walkerfan said:
PCGS, NGC, GS and completed auctions results.

I also factor in, if I think the coin is worth an additional premium or not.

Same here!

Coinstartled · January 8, 2020 1:01PM

@Kliao said:
For me I look at past auction records to determine a value

Agree. And the most recent the better.

ricko · January 8, 2020 1:08PM

In years past... long past... I used the grey sheet, auction prices etc..... Now, I consider if I want it or not...and is it more important than some of the other things I want....I guess I have a gut feel for prices in general...So, since it is disposable income, if I like it, and it seems reasonable, I buy it. Cheers, RickO

johnny9434 · January 8, 2020 1:46PM

heritage, ebay, a few others the owl in the back yard and some dealers I know at coin shows, fwiw

messydesk · January 8, 2020 1:51PM

Auction results more than anything else. Usually those in CoinFacts.

Abuelo · January 8, 2020 1:52PM

Heritage, Stack's, etc

Commencents · January 8, 2020 1:56PM

@Bochiman said:
I think for many the number/guide they use is different if they are buying vs selling......

Am I wrong (for those of you that have already answered)?

Sounds like the difference between retail and wholesale. One Usually has to pay for wholesale values from any
source. I subtract 40% from retail to get a probable up to date wholesale value.

topstuf · January 8, 2020 2:00PM

Pants: seat of. Also experience; much. And of course, sense: none.

What Coin Value Guide Do You Use for pricing a Coin?

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