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Is Numismedia A Good Place To Find Out Fair Market Value For US Coins?

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Moniker's Avatar
Sweden
1421 Posts
 Posted 12/23/2024  04:17 am Show Profile   Bookmark this topic Add Moniker to your friends list Get a Link to this Message Number of Subscribers
Im struggling sometimes to find out aprox values for slabbed US coins.
Is nm good if I deduct 20%
Im currently trying to find out values for the o over cc Morgan

The ebay sold isn't good for rarer variants of coins

Sorry if this is in wrong part of the forum
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Zurie's Avatar
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 Posted 12/23/2024  09:23 am  Show Profile   Check Zurie's eBay Listings Bookmark this reply Add Zurie to your friends list Get a Link to this Reply
Heritage auction archives is better than ebay sold for higher priced coins. If you're talking about that 1900-O/CC, there were 13 PCGS MS64 (non-CAC) sold in 2024, mostly in a range from $1400 to 1650 (including buyer's premium). The PCGS Price Guide is another option.
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Moniker's Avatar
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 Posted 12/23/2024  09:31 am  Show Profile   Bookmark this reply Add Moniker to your friends list Get a Link to this Reply
Thank you Zurie,
i have heard ppl on the forum saying that pcgs price guide is a bit high hence my question
Heritage is tricky I think they also have a seller fee and not only buyers premium
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BStrauss3's Avatar
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 Posted 12/23/2024  09:39 am  Show Profile   Bookmark this reply Add BStrauss3 to your friends list Get a Link to this Reply
All information sources have issues, since no two coins are exactly alike.

It really depends on value, slabbing state, and purpose for estimating.

For example, insurance vs. retail purchase vs. selling.

Which plastic company (all of them are proud of their plastic).

Rare or common (auction archives for rare material - but be careful of thinly traded items, vs. ebay for relatively common).

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Zurie's Avatar
United States
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 Posted 12/23/2024  09:52 am  Show Profile   Check Zurie's eBay Listings Bookmark this reply Add Zurie to your friends list Get a Link to this Reply

Quote:
Heritage is tricky I think they also have a seller fee and not only buyers premium

The value of a coin is what people are willing to pay, so the seller fee wouldn't be relevant.

Of course, "buy the coin and not the slab" applies, so you'd need to make sure the coin lives up to the grade on the slab.
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Bump111's Avatar
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 Posted 12/23/2024  09:55 am  Show Profile   Bookmark this reply Add Bump111 to your friends list Get a Link to this Reply
I generally use Numismedia for pricing coins. It's a more realistic guide than any of the grading companies' sites. And I back off of the Numismedia price as you suggested, about 20-25% for retail purchases. Their O/CC prices are slightly higher than I've seen in recent GC sales - another guide that I use.
"Nummi rari mira sunt, si sumptus ferre potes." - Christophorus filius Scotiae
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NumisEd's Avatar
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 Posted 12/23/2024  11:00 am  Show Profile   Bookmark this reply Add NumisEd to your friends list Get a Link to this Reply

Quote:
And I back off of the Numismedia price as you suggested, about 20-25% for retail purchases.


NumisMedia claims their price guide is for "collectors" (retail buyers). Are you suggesting that is not true and they inflate their numbers by 20%-25%?
Edited by NumisEd
12/23/2024 11:02 am
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Moniker's Avatar
Sweden
1421 Posts
 Posted 12/23/2024  11:40 am  Show Profile   Bookmark this reply Add Moniker to your friends list Get a Link to this Reply
well the o over cc went for 1100 to a buyer in the us and he will have to pay insured freight and tax I guess, I didnt have the guts to buy it since pics was bad. Also the seller didnt respond to questions about more pics
Edited by Moniker
12/23/2024 11:41 am
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Bump111's Avatar
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 Posted 12/23/2024  1:19 pm  Show Profile   Bookmark this reply Add Bump111 to your friends list Get a Link to this Reply

Quote:
Are you suggesting that is not true and they inflate their numbers by 20%-25%?


Not at all. The Numismedia prices are, to my understanding, culled from sold values across several platforms. If I am in the market for coins at retail prices, I believe theirs are a fairly accurate guide. Of course, I try to buy below retail, but if it is something that I can't live without I will go up to the Numismedia price or even a little higher. I nearly always buy at auction - bid low and factor in fees / shipping.
"Nummi rari mira sunt, si sumptus ferre potes." - Christophorus filius Scotiae
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Coinfrog's Avatar
United States
94367 Posts
 Posted 12/23/2024  3:04 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
I find Numismedia quite useful.
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RPT's Avatar
United States
859 Posts
 Posted 12/23/2024  3:49 pm  Show Profile   Bookmark this reply Add RPT to your friends list Get a Link to this Reply
Many times the price guides disagree by a significant margin.

Today I priced a coin.

Numismedia = $880
PCGS = $1175
NGC = $900
CDN Retail = $1000

That would make an average retail price = $988.75
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