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Canadian Coin News Trend$ Prices>changes?

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Canada
9866 Posts
 Posted 05/02/2009  10:38 am  Show Profile   Bookmark this reply Add DBM to your friends list

Quote:
Canadian Coin News Trends is an estimate of retail pricing of the items listed,based on dealer sales,wholesale prices,auction results and prcious metal prices
I don't have the current issue of CCN yet but Trends has always started with this disclaimer under the title.No mention was made of the prices being being determined by personal opinion,POP report data,and extrapolation.Have I been misled all these all these years?Collectors have relied on Trends as the authority on Canadian Coin prices.Have Trends been nothing more than a self fulfilling prophecy of coin prices?Have I been naive to believe that Trends prices were based on actual sale prices?
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Canada
1248 Posts
 Posted 05/02/2009  11:07 am  Show Profile   Bookmark this reply Add hhbkiddo to your friends list

I am just curious WHAT basis Trands is using to establish prices?
How do they get their (factual or not factual)pricing information?
where do they obtain number of sales?
on what authority / experience do they have to establish pricing?
Remember, there are NO grading or pricing standars, except those which we accept and practice!!!

HHB
Bedrock of the Community
Canada
10743 Posts
 Posted 05/02/2009  12:41 pm  Show Profile   Bookmark this reply Add SHAFTA9a to your friends list
I agree, I have always used Trends, for prices, more so than the Charlton book, But, as skelly said the value of your coins are set by you.

If, you think your coin is worth $200.00 then that is what it is worth, never mind what Trends, or anyone else thinks.
New Member
Canada
9 Posts
 Posted 05/02/2009  12:56 pm  Show Profile   Bookmark this reply Add coinsnmore2007 to your friends list
Well then my collection is worth a million dollars;-)
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Canada
187 Posts
 Posted 05/02/2009  1:17 pm  Show Profile   Bookmark this reply Add skelly423 to your friends list
Good luck finding a buyer coinsmore :) Welcome to the forum
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United States
324 Posts
 Posted 05/02/2009  3:14 pm  Show Profile   Bookmark this reply Add mkb to your friends list
Glenzy, what dates of dollars are you referring to?
Pillar of the Community
Canada
1554 Posts
 Posted 05/02/2009  3:49 pm  Show Profile   Bookmark this reply Add glenzy1 to your friends list
The 1935, 1936, 1967, 1958 MS-65 have lost value.
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United States
324 Posts
 Posted 05/02/2009  5:27 pm  Show Profile   Bookmark this reply Add mkb to your friends list
So far for 2009, I have the following from ebay for MS65 trades:

1. 1935 - 12 trades from $223 US to $357 US (including shipping). Converting to CDN dollars and increasing the trades by 50% to brings them to a book value equivalent of $420 to $670 in MS65. A price at $420 is likely for a regular coin and a price of $670 is likely for a gem coin. These prices are slightly higher than what I have from 2007.

2. 1936 - 2 trades from $827 US to $848 US (including shipping). Converting to CDN dollars and increasing the trades by 50% to brings them to a book value equivalent of $1550 to $1590 in MS65. These prices are consistent with what I have from 2007.

3. 1958 - 1 trades from $425 US (including shipping). Converting to CDN dollars and increasing the trade by 50% to brings it to a book value equivalent of $800. This prices may be consistent with what I have from 2007 or higher - more trades are required though.

4. 1967 - no trades in MS65 so far.

There may be trades of the above coins from major auctions, which I have not included.

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Canada
1248 Posts
 Posted 05/02/2009  5:52 pm  Show Profile   Bookmark this reply Add hhbkiddo to your friends list
Ok , but most of, if not all of these trades were from BEFORE the price adjustments....
HHB
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United States
324 Posts
 Posted 05/02/2009  9:01 pm  Show Profile   Bookmark this reply Add mkb to your friends list
yeah... well... maybe trades will adjust to the new price levels and everything will work out...
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United States
1571 Posts
 Posted 05/03/2009  6:55 pm  Show Profile   Bookmark this reply Add livingdinasaur to your friends list
I haven't checked the dollar values in trends, (mostly because the few I have are not worth that much), However, my thoughts are if "Obama" keeps messing with around with the economy, much longer, the only ones who will "Possibly" have enough money to buy any of the coins listed, will be the Great-Great-Great-grand kids! I am at present looking forward to meeting my Great=Great grandson, in August!
Dick
Edited by livingdinasaur
05/03/2009 6:57 pm
Pillar of the Community
Canada
1051 Posts
 Posted 05/04/2009  01:28 am  Show Profile   Bookmark this reply Add 1cent to your friends list
I'd think that being the Trends editor is a pretty thankless job. I was glad to see some of the modern issues get a bit of a bump. One area I was watching was the mid-60's nickels. The 1964 XWL in MS-64 went from $475 to 800. The 1966 and 1967 both went from $15 to $200 (in MS-65). While these are steps in the right direction, the reality is that the 1966 is basically impossible to own in MS-65 (IIRC there are only 4). The XWL and the 1967 both have more than a dozen examples floating around (at MS-64/65 for the XWL, MS-65 for the 1967) and can be bought at any time. It doesn't help that the XWL and the 1967 both saw top-grade population explosions in the recent pop report, either.

If anyone wants to sell me their 1966 MS-65 nickels for $200, let me know ;o)
More to the point, I'd pay $600 for one in a snap, and haven't been able to.
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Canada
45 Posts
 Posted 05/06/2009  5:39 pm  Show Profile   Bookmark this reply Add Gopher to your friends list
Trends is a guide. As all numismatic pubs are. Included in this are the fine publications by a valued member of this forum. As was already stated, your coin is only worth what you will pay/sell it for. Values rise and fall, new varieties etc. :-)
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Canada
1554 Posts
 Posted 06/11/2009  10:44 pm  Show Profile   Bookmark this reply Add glenzy1 to your friends list
Anyone check out the price changes in the latest C.C.N. Newsletter? The Vicky dimes took a rather well deserved and long overdue hike on many of the Ultra Key dates / grades.

Glenn
Edited by glenzy1
06/11/2009 10:45 pm
Valued Member
Canada
351 Posts
 Posted 06/12/2009  02:11 am  Show Profile   Bookmark this reply Add snaz to your friends list
Absolutley I LOVE the new changes. it is about time they updated them. Gave the last guy te boot. Out with the old in with the new.
I thnk he is doing a great job, and I even emailed him to tell him so.
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