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question about coin values
uniship
Posts: 490 ✭✭
what is the best source for real-world values of coins? Is there a magazine that is recognized as the clear leader?
Any advice is appreciated. thx
Any advice is appreciated. thx
0
Comments
At auction - Average of last two years hammer price +/- 300% depending on quality
To a specialist - Sky's the limit!!!
To an average collector - 10% back of PCGS sheet
Does that about cover it?
Empty Nest Collection
Matt’s Mattes
<< <i>At the dealer - Greysheet +/- 20% depending on quality
At auction - Average of last two years hammer price +/- 300% depending on quality
To a specialist - Sky's the limit!!!
To an average collector - 10% back of PCGS sheet
Does that about cover it? >>
Bottom line to above comment:
A coin's value is worth what a willing seller and a willing buyer agree to FOR THAT PARTICULAR COIN.
Steve
My Complete PROOF Lincoln Cent with Major Varieties(1909-2015)Set Registry
You really have to look at the coin and the series for each one.
Some it is the Heritage past auctions, some it is eBay past auctions. And some are just a WAG depending on who might want or not want it.
PCGS price guide, and gray sheet are just a starting point.
At least that is what I think.
I find the PCGS guide, which tends to run a little high, a good predictor of retail prices--that is, if you can find a coin for sale at a shop, this is about what you should expect to pay. The Numismedia guide has two prices--"retail" and "wholesale," both of which tend to run a bit lower. The Numismedia "retail" tends to match what you can find if you shop around and compare prices online, or if you're at a coin show, where prices run a little lower. Their "wholesale" matches about what you should be able to get in trade. The caveat being that you only get that much if you can find a buyer. Some coins will elicit spontaneous bids even if you insist it can only be had by prying it from your cold, dead hands. Others might get enough rejected offers that you'll think they're my novel manuscript.