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Q.D.B's-The Expert's Guide...

sbeverlysbeverly Posts: 962 ✭✭✭
in U.S. Coin Forum
...to Collecting & Investing IN RARE COINS.

Last night I was reading chapter 9, about market trends and cycles. Although it was a very good read, I don't
think it was the in scope of the book to go into detail about historical prices of the various coins discussed on this
forum.

Anyway, it left me wanting to know more specifics.

So, (drum roll-here comes the question) Can anyone suggest any books/references/charts on historical coin prices?
Positive transactions with Cladiator, Meltdown, ajbauman, LeeG, route66,DennisH,Hmann,FilamCoins,mgoodm3,terburn88,MrOrganic, weg,dcarr,guitarwes,Zubie,Barndog,wondercoin,braddick,etc...

Comments

  • SonorandesertratSonorandesertrat Posts: 5,695 ✭✭✭✭✭
    There is a series of Coin Dealer Newsletter (CDN) graph books that contain historical pricing information going back to about 1980 for various types of coins. There is one for Lincoln cents, another for Morgan dollars, etc. One important thing to keep in mind as you scan historical pricing data is the effect of gradeflation. A coin that was considered MS65 in 1980 may be an MS66 coin in today's market, etc.
    Member: EAC, NBS, C4, CWTS, ANA

    RMR: 'Wer, wenn ich schriee, hörte mich denn aus der Engel Ordnungen?'

    CJ: 'No one!' [Ain't no angels in the coin biz]
  • ambro51ambro51 Posts: 13,952 ✭✭✭✭✭
    This is an interesting site

    http://www.us-coin-values-advisor.com/Lincoln-Cents-key-dates-for-sale.html
  • krankykranky Posts: 8,709 ✭✭✭
    Gradeflation plus the growing number of grades in use make historical coin prices meaningless other than for circulated coins, in my opinion. Further to Sonorandesertrat's point, not only could that MS65 coin in 1980 be an MS66 today, it could also be an MS67 or MS68. They didn't use those higher grades back then. Yesterday's AU58s are often today's MS62's, sometimes MS63's. And yesterday's MS63's could be today's AU58's.

    Too many things have changed over the years to make historical price records useful, other than for circ coins where the comparison of a VF back then to a VF today is still relatively valid.

    New collectors, please educate yourself before spending money on coins; there are people who believe that using numismatic knowledge to rip the naïve is what this hobby is all about.

  • MidLifeCrisisMidLifeCrisis Posts: 10,563 ✭✭✭✭✭


    << <i>Last night I was reading chapter 9, about market trends and cycles. Although it was a very good read, I don't
    think it was the in scope of the book to go into detail about historical prices of the various coins discussed on this
    forum. >>


    Are you saying that a discussion of market trends and cycles was not appropriate for a book on collecting and INVESTING in rare coins?

    If so, why?
  • sbeverlysbeverly Posts: 962 ✭✭✭
    Are you saying that a discussion of market trends and cycles was not appropriate for a book on collecting and INVESTING in rare coins?

    I think that it was very appropriate. I wish there were more.

    I was just of the opinion that material that covered the historical market specifics might just be a book of its own.

    For example: The first 2 sentences Chapter 12 "MAKING OF THE MODERN MARKET FOR RARE COINS" Mr. Bowers states...

    "The following pages chronicle numismatics from the 1930s to date. The span is so great, and the changes so many, that my
    time line emphasizes just the highlights"
    Positive transactions with Cladiator, Meltdown, ajbauman, LeeG, route66,DennisH,Hmann,FilamCoins,mgoodm3,terburn88,MrOrganic, weg,dcarr,guitarwes,Zubie,Barndog,wondercoin,braddick,etc...
  • MidLifeCrisisMidLifeCrisis Posts: 10,563 ✭✭✭✭✭


    << <i>Are you saying that a discussion of market trends and cycles was not appropriate for a book on collecting and INVESTING in rare coins?

    I think that it was very appropriate. I wish there were more.

    I was just of the opinion that material that covered the historical market specifics might just be a book of its own. >>


    OK, thanks. I misread your earlier post.
  • sbeverlysbeverly Posts: 962 ✭✭✭
    There is a series of Coin Dealer Newsletter (CDN) graph books that contain historical pricing information going back to about 1980 for various types of coins.

    Thanks for the info. I went to their site and found it. It can be quite pricey if you wanted it for all coins.
    Positive transactions with Cladiator, Meltdown, ajbauman, LeeG, route66,DennisH,Hmann,FilamCoins,mgoodm3,terburn88,MrOrganic, weg,dcarr,guitarwes,Zubie,Barndog,wondercoin,braddick,etc...
  • sbeverlysbeverly Posts: 962 ✭✭✭
    This is an interesting site http://www.us-coin-values-advisor.com/Lincoln-Cents-key-dates-for-sale.html

    Thanks for the heads up on this site. I have bookmarked it for further exploration and reference.
    Positive transactions with Cladiator, Meltdown, ajbauman, LeeG, route66,DennisH,Hmann,FilamCoins,mgoodm3,terburn88,MrOrganic, weg,dcarr,guitarwes,Zubie,Barndog,wondercoin,braddick,etc...
  • SonorandesertratSonorandesertrat Posts: 5,695 ✭✭✭✭✭
    If you are interested in more details regarding the history of numismatics in the U. S., check out a couple of other QDB books:
    Virgil Brand: The Man and his Era
    American Numismatics Before the Civil War: 1760 - 1860

    Bowers' book on Virgil Brand does discuss what various types of coins cost at that time. There were years when Brand's purchases accounted for 40-50% of all the
    collector coins bought in the U. S.
    Member: EAC, NBS, C4, CWTS, ANA

    RMR: 'Wer, wenn ich schriee, hörte mich denn aus der Engel Ordnungen?'

    CJ: 'No one!' [Ain't no angels in the coin biz]

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