The Plus values are now listed on the price guide
Bear
Posts: 18,953 ✭✭✭
It makes for some interesting reading.
There once was a place called
Camelot
Camelot
0
Comments
Ken
They are in all the series I fool around with, so does that mean that all series will be open to + grading? I thought some might be excluded.
Ike Specialist
Finest Toned Ike I've Ever Seen, been looking since 1986
<< <i>How can there be a credible price guide when there is no real life transaction history for these coins, and many probably currently do not exist? >>
My thought exactly.
60 years into this hobby and I'm still working on my Lincoln set!
Camelot
<< <i>It may take a year or so, to let the market place validate the values. >>
Or is the price guide attempting to lead the market?
Camelot
<< <i>How can there be a credible price guide when there is no real life transaction history for these coins, and many probably currently do not exist? >>
AMEN! What a joke.
I wonder if they'll soon be ++ designations for super duper nice coins and +++ for super super duper nice coins???
to the highest average price for that specific example. The market place has and is in fact
factoring technical ,as well as appearance and originality in the price of coins at auction.
There will of course be errors and these will be worked out in time.
Camelot
I give away money. I collect money.
I don’t love money . I do love the Lord God.
<< <i>By a mathematical formula using the mean average price of a set coin and a set date
to the highest average price for that specific example. The market place has and is in fact
factoring technical ,as well as appearance and originality in the price of coins at auction.
There will of course be errors and these will be worked out in time. >>
Huh? Were you hired to do the math for Health Care Reform?
EAC 6024
is the upper 15% of a grade ,in addition to the appearance, 20% is perhaps a little on
the high side. Remember, a company must always keep the hopes of all the little people
in mind.
Camelot
<< <i>How can there be a credible price guide when there is no real life transaction history for these coins, and many probably currently do not exist? >>
One way might be if the prices were based on dealer bids for such coins, posted on the electronic exchange.
<< <i>
<< <i>How can there be a credible price guide when there is no real life transaction history for these coins, and many probably currently do not exist? >>
One way might be if the prices were based on dealer bids for such coins, posted on the electronic exchange. >>
Are there already bids out on these?
<< <i>How can there be a credible price guide when there is no real life transaction history for these coins, and many probably currently do not exist? >>
Remember, CU has been around the block once before with this...
They went to "half grades" on sports cards a while ago. They have ample information on how the cards performed in grades of 9.5, 8.5, etc.
Wondercoin
<< <i>There COULD be a credible price guide based on similar circumstances.
Remember, CU has been around the block once before with this...
They went to "half grades" on sports cards a while ago. They have ample information on how the cards performed in grades of 9.5, 8.5, etc.
Wondercoin >>
So coin prices should be based on baseball card price history. Now, I am really getting nervous...
But, split grade values of rare classic cards are certainly very informative, albeit not determinative to the coins.
Wondercoin
P.S. I visited a collector recently who showed me an PSA-8.5 of a classic card that he also owned in PSA-9 at a cost of $75,000 while the PCGS-8 was worth around $5,000. He told me that his recently graded PSA-8.5 was worth around $15,000. Interestingly, that % difference is fairly close to the opening percentage spreads on the + coins. When one sets out to price coins, vast knowledge of many different fields of collectibles probably does not hurt.
Liberty: Parent of Science & Industry
According to coinnews.net, "The Certified Coin Exchange (CCE), the world’s largest online dealer-to-dealer network, has added sight unseen bidding and trading in "plus" (+) grade designated coins certified by Professional Coin Grading Service (PCGS) and Numismatic Guaranty Corporation (NGC)." linky
JH
Proof Buffalo Registry Set
Capped Bust Quarters Registry Set
Proof Walking Liberty Halves Registry Set
Non-plus coins will drop in value
PCGS will Body bag more coins
<< <i>It's a guide to teach people how to interpolate on a skewed parabolic function line connecting the two whole number grades. >>
I would think a simple geometric mean would do as a rough, quick-and-dirty "interpolation." That is often fairly close to the market value of an "in between" grade.
That is, if a coin is VF-30 and there are established values for VF-20 ($200) and XF-40 ($500), the geometric mean is sqrt (200*500) = $316, which is probably in the ballpark. Certainly the arithmetic mean (in this case $350) is probably too high in most cases since the "in between" value usually is weighted a little more toward the lower grade's value.
<< <i>Hmmmmmm, do I see just another gimmick in the making???
I wonder if they'll soon be ++ designations for super duper nice coins and +++ for super super duper nice coins???
There will be a first strike + if you get the coin to them within the first week of the mint release date. It will be a very special designation for collectors who feel they are not overpaying enough for a mere first strike slab.
Huh? Were you hired to do the math for Health Care Reform?
....