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 Replies: 21 / Views: 3,473 |
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Pillar of the Community
United States
666 Posts |
Excellent question John77!NumisMedia's Fair Market Value (FMV) price guide is my favorite (short URL: CoinPrices.org), but unless I missed it somehow, it is not based on ebay sales. See the definition of FMV on the site. Quote:In a few years maybe ebay will print guides based on prices realized and put Krause and RedBook out of business. That would be a smart business move for ebay, although they are so focused on trying to change into a retail sales giant like Amazon.com, that they probably won't see the potential. Quote:
I've actually thrown around the idea of publishing my own price guides for modern coins ... To me, a price guide with REAL values for these coins can only help the hobby as it would encourage people to look for these coins (as they did when I first got into the hobby) I have thought about that too, but I don't have enough time to do it right. I agree that it would be a gift to the average coin collector ... and hopefully you could make a little money along the way too. ;o) ~ Mark P.S. John77 - send me a message if you'd like--you have messages blocked so I cannot send one to you--I'm happy to share my ideas with you on how to develop such a price guide. Edited by dd27
02/09/2017 1:09 pm
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Pillar of the Community
 United States
2915 Posts |
Thanks, dd27...
I had no idea that I had messages blocked... didn't mean to have them off... You should be able to send me one now. I'd love to hear your ideas.
CRH Nickeloholic. 1,600,000 nickels searched in eight years! Have found FOUR complete Jefferson sets!
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Moderator
 United States
188952 Posts |
Quote:NumisMedia's Fair Market Value (FMV) price guide is my favorite (short URL: CoinPrices.org), but unless I missed it somehow, it is not based on ebay sales. See the definition of FMV on the site. John1 was listing two sources, not saying that one was the other. |
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Valued Member
United States
219 Posts |
Great thread.....would love to hear more and future ideas if they are not private.
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Pillar of the Community
United States
2915 Posts |
Thanks, Wildhare... A couple of samples of my idea and what some prices *might* look like... a work in progress.  CRH Nickeloholic. 1,600,000 nickels searched in eight years! Have found FOUR complete Jefferson sets!
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Valued Member
United States
219 Posts |
I like your idea. I think it is much more realistic than 10,10,10,10,10,10 for 60 years.
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Pillar of the Community
United States
2272 Posts |
Quote:Thanks for your insight, cladking. With certain coins such as Lincolns, Indians, and V and Buffalo nickels, the current price guides are all but meaningless... I rarely get an offer, let alone a sale, on items I list at 80-90% of what they are supposedly worth... Yet silver coins and Jeffersons seem to almost always go for more than what the listed prices are. And with silver coins, again we have the problem with price guides not listing values for circulated coins... stuff like 1946-S quarters and 1950-S dimes are always quick movers for me at 2-3 times spot value. Yes. They list almost all the old coins at inflated prices and sometimes wildly inflated prices. Moderns are usually listed at a tiny fraction of true value but just to confuse people they sometimes list them too high. Even worse they don't list moderns at all in the grades they most commonly trade. They don't mention things like most 1969 mint sets are tarnished and pristine sets will bring more. They don't mention that they lower the standards for tough dates like the '82-P quarter so what they call MS-65 is a poorly struck coin from highly worn dies. Indeed this tends to even apply to coins PCGS calls MS-67. Values of moderns from all over the world are exploding higher but the US market trails by years. Soviet, Indian, and Chinese moderns are up 20 to 1000 fold but if you believe the price guides the US coins are almost all common. Time don't fly, it bounds and leaps.
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Pillar of the Community
United States
2272 Posts |
Quote:
A couple of samples of my idea and what some prices *might* look like... a work in progress. I like your guide so far. The ironic thing is the 1971 nickel is scarcer than the '50-D. Indeed, there are probably more '50-D nickels than there are 1971 nickels above VF condition. And the '71's aren't as well made. Yes, it is a well made date by modern standards but not as good as the '50-D. The '71 nickel is only common in VG condition and if you try to find one you might get the idea that it's not very common. Lots of people are waking up now. It's not just anecdotal reports any longer but actual price movements. Time don't fly, it bounds and leaps.
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Pillar of the Community
United States
666 Posts |
Edited by dd27
02/10/2017 7:53 pm
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Valued Member
United States
449 Posts |
Quote:
Unless someone is hoarding the coins (like the 1955-S cent where one man owned SEVEN MILLION examples), I don't see them getting any easier to find. someone hoarded seven million 55S? |
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Pillar of the Community
United States
2915 Posts |
Quote:
someone hoarded seven million 55S? Yes, crazy to believe but true! CRH Nickeloholic. 1,600,000 nickels searched in eight years! Have found FOUR complete Jefferson sets!
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New Member
United States
19 Posts |
I've come to find that it truly depends on what a person is willing to pay for it. I too have looked on sites with up to date prices as of 2017 and different sites had different prices. I go on ebay and type in my item in the search bar, then I filter my results to see all the sold listings and categorize the list from highest-lowest price sold. I also turn to the Red Book because collectors/dealers/companies in my state refer to the Red Book. |
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New Member
United States
19 Posts |
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Pillar of the Community
United States
2272 Posts |
That coin trackers site is wildly inaccurate and lists no moderns at all.
Time don't fly, it bounds and leaps.
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Rest in Peace
10197 Posts |
DARN! Just finished a box of nickels, pulled out the silvers (2) a 2009D, and a few pre 55's, but no 2009P. Have only found 4 in 2 years. Now you guys are making me look through my bag before I return it tomorrow for the 71P...  Edited by Crazyb0
03/05/2017 5:08 pm
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Posted 02/09/2017 3:44 pm
