Should CCN "trends" Numbers Be Revised To Better Reflect Market Reality?

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Author	Replies: 20 / Views: 4,510	Page: of 2

doubleeagle59 Pillar of the Community Canada 2495 Posts	Posted 12/15/2016 10:50 pm A dealer using trends to price a sale is fine with me, as long as they don't use the old price of 80% to 100% of trends. Current retail pricing should be between 50% to 75%. Report this Post to the Staff
twoods Valued Member Canada 222 Posts	Posted 12/15/2016 11:52 pm Not sure what the point of using inflated values is...why not use current fair market value using legitimate last known solds as the guide...maybe someone can clarify why they list the higher values as they do? Report this Post to the Staff
trout1105 Pillar of the Community Australia 7096 Posts	Posted 12/16/2016 12:06 am Quote: maybe someone can clarify why they list the higher values as they do? Simply because many collectors accept that the "Trends" are valid and just fork out their money. This equates to bigger profits for the dealers so of course they are reluctant to have trends reflect the true market values Report this Post to the Staff
TheCoinHunter Pillar of the Community Canada 1461 Posts	Posted 12/16/2016 11:44 am DE, 50% works, %75 aside from certain key year/grade combinations is overly optimistic. Report this Post to the Staff
NumisCat Valued Member Canada 289 Posts	Posted 12/22/2016 10:46 am I have mentioned this to CoinHunter before. Frankly, I think an overinflated Trends is demoralizing, misleading, and has a profound effect on diminishing interest in the hobby. For those just starting out who buy at or near Trends, they may feel disheartened by not getting anything close to even half of what they paid when it comes time to sell. Also, anything product that has to be discounted by 50% comes off as unappealing to the consumer. It often suggests something is wrong with the product. A complete refresh would reinvigorate buyers, which is exactly what this industry needs. Satisfying dealers with high Trends values is one thing, but generating interest in the hobby again by having prices reflect reality would go a long way, I think. Just one man's opinion. Report this Post to the Staff
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