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Estimating Coin Values

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Valued Member
United States
70 Posts
 Posted 10/28/2012  7:08 pm  Show Profile   Bookmark this reply Add BUncirculated to your friends list Get a Link to this Reply

Quote:
If you do use heritage and teletrade remember to include the buyers premium in the price otherwise the prices are only accurate for those two sites and those two sites alone


Actually, you would want to subtract the BP from those two sites because they are exclusive to those two sites. There is no BP on ebay that the buyer has to pay, and I don't include shipping when tracking completed ebay sales.
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southsav's Avatar
2224 Posts
 Posted 10/28/2012  7:09 pm  Show Profile   Bookmark this reply Add southsav to your friends list Get a Link to this Reply

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What are people's thoughts on using the price guides at the PCGS and NGC websites?


Guides only...

Generally speaking, I've always felt they were about 15-20% on the high end.
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basebal21's Avatar
13014 Posts
 Posted 10/28/2012  9:29 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply

Quote:
Actually, you would want to subtract the BP from those two sites because they are exclusive to those two sites.


Things generally sell lower on there if you dont take into account the BP because the majority of people take into account the BP with how high they will bid. Rare items it doesn't apply too but common items youd be hard pressed to find for the price most go for on there without the BP factored in
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United States
1915 Posts
 Posted 10/28/2012  10:24 pm  Show Profile   Bookmark this reply Add seal006 to your friends list Get a Link to this Reply
As many have sated I use Numismedia. I is updated at least once weekly, and seems to be fare comparison to what realized prices are on the Bay.
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perfessor's Avatar
United States
927 Posts
 Posted 10/28/2012  10:30 pm  Show Profile   Bookmark this reply Add perfessor to your friends list Get a Link to this Reply
I would say that if the silver value of a coin is higher than the RedBook price then it probably does not have much of a premium above silver spot price, if any. There are many coins in lower grades, even low grade barbers that sell for little over spot price. It really depends on whether you are looking for raw or slabbed coins.
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nicscoin's Avatar
107 Posts
 Posted 10/29/2012  10:07 am  Show Profile   Bookmark this reply Add nicscoin to your friends list Get a Link to this Reply
Problem with a Red Book, the prices are done 6 months before the book is published. Red Book in my opinion is just a guide that is used to recognize key date coin. Bullion market is too shaky and too many swings in market to use this book
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