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Is There A Good Way To Price A World Coin On Your Own?

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Author Previous TopicReplies: 10 / Views: 1,326Next Topic  
Valued Member
Schwanke's Avatar
United States
242 Posts
 Posted 08/25/2012  05:43 am Show Profile   Bookmark this topic Add Schwanke to your friends list Get a Link to this Message Number of Subscribers
If it can be helped I dont want to have to keep posting all my world coins in here to price them as 99% of them I am sure are just face value either from being modern minting or high circulation.

So is there a website or book where I can look up the values of world coins, preferable by search terms on words, to get their base prices and then bug you guys if I see something funky that might be worth more?

Or do the people in the world coins section of the forums really love them so much that posting a couple hundred coins a few at a time would be fun. :D

(I actually have over 20lbs of coins to go through but I've picked a few hundred of my favorites to start with :D)

Thanks!
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John1's Avatar
United States
56855 Posts
 Posted 08/25/2012  05:47 am  Show Profile   Bookmark this reply Add John1 to your friends list Get a Link to this Reply
Here is one site http://(131231) Not Allowed - Auto-Removed /
John1
Valued Member
Schwanke's Avatar
United States
242 Posts
 Posted 08/25/2012  05:53 am  Show Profile   Bookmark this reply Add Schwanke to your friends list Get a Link to this Reply
Wow you guys are ninja. I havnt even finished posting my second post on a different topic and there's an answer to the first :D.

Thanks for that. I'll start using that. Suprising how much stuff doesn't show up on google. I was looking for something like this a few days ago and got no where.

THANKS!
Pillar of the Community
United States
1962 Posts
 Posted 08/25/2012  1:59 pm  Show Profile   Bookmark this reply Add realeswatcher to your friends list Get a Link to this Reply
Um, ask the magic 8-ball...

In lieu of that, CHECK ebay COMPLETED ITEMS. Much like Google, It IS your friend...
Valued Member
Schwanke's Avatar
United States
242 Posts
 Posted 08/25/2012  2:28 pm  Show Profile   Bookmark this reply Add Schwanke to your friends list Get a Link to this Reply
I'll look into that. I wasnt good at that for my last collecting enterprise but I also didnt have a good community to assist my learning. When I get a few coins in row I'll start searching and see how it turns out. Thanks!
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Sap's Avatar
Australia
16830 Posts
 Posted 08/26/2012  12:12 am  Show Profile   Bookmark this reply Add Sap to your friends list Get a Link to this Reply
WorldCoinGallery is good for commonly-found circulating coins from the 1900s and perhaps 1800s. For earlier coins and for coins not issued for circulation, you might need a more comprehensive listing. The Krause "Standard Catalog" books are what you'd need; you can also find the same information on the NGC World Coin Price Guide webpage.
Don't say "infinitely" when you mean "very"; otherwise, you'll have no word left when you want to talk about something really infinite. - C. S. Lewis
New Member
United States
17 Posts
 Posted 08/27/2012  10:23 am  Show Profile   Bookmark this reply Add 960Coins to your friends list Get a Link to this Reply
Just be aware that for many series the Standard Catalog is woefully out-of-date and unreliable, except as a guide for relative differences in price. For lower priced coins, it's likely to be correct or very nearly so. The most up-to-date prices can be found in recent sales, as realeswatcher said in ebay's completed items, also check recent auction results from places like stacks, heritage, goldberg, teletrade, etc.
Valued Member
Babar's Avatar
Pakistan
207 Posts
 Posted 09/03/2012  07:43 am  Show Profile   Bookmark this reply Add Babar to your friends list Get a Link to this Reply
I had a question about prices, and then I remembered this thread, so I thought it would fit well here...

For buying (and selling, I guess, although I haven't got in that situation yet), the NGC price guide (which I use as well, by the way), would be the lower bound, or the upper bound?

For example, I've been looking for this particular coin to be able to complete my set of (non-PM) commemorative Pakistani coins:
http://www.ngccoin.com/poplookup/Wo...oinid=130187

I've got an offer from this guy, who says he's got one in AU condition, which he wants to sell at the local currency equivalent of approximately $3.11. As you can see from that page, there is no price listed for the AU grade, but the MS60 value is at $3.
Now when I actually go and see the coin (later in the week), I can check if he's being truthful, how much I can bargain, see what else I would buy, etc., but for now I just wanted to know exactly where I stand on this deal, and how I should handle it. Any additional information would help me know.

Anyone got any advice? I would really appreciate it. Thanks!
Pillar of the Community
Wade's Avatar
Canada
2781 Posts
 Posted 09/03/2012  10:31 am  Show Profile   Bookmark this reply Add Wade to your friends list Get a Link to this Reply
use the price guides as a 'guide', pay what YOU think it is worth.

paying $3 for a 50 cent "book value" coin means nothing if you want the coin. the shipping will make the coin a negative on the balance sheet at the end of the day anyways.

now paying $3,000 for a $50 coin - different story. but if you are spending that much money you (a) better be rich or (b) better know more than what you can read in a book.

buy within your budget and knowledge bracket, dont expect to make a profit, have fun.
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Eurocoin's Avatar
Finland
294 Posts
 Posted 09/05/2012  3:33 pm  Show Profile   Bookmark this reply Add Eurocoin to your friends list Get a Link to this Reply
It's very hard to make a one common price book for coins. Many exotic (for me) coin from other side of the globe has priced at a low level (0.10-0.40 usd) in unc condition. When I see the same coins here for sell they barely go under 1-2 euros/piece in circ condition. On the other side, I get my Finnish 2 euro commems for about 2.50-3 euros in unc as American collector may have to pay that sum triple in dollars to get that coin.
Pillar of the Community
stud722's Avatar
United States
1088 Posts
 Posted 09/05/2012  4:13 pm  Show Profile   Bookmark this reply Add stud722 to your friends list Get a Link to this Reply
I really wouldnt mind seeing a group of your coins still. I always like to see what others find appealling and also like to help where I can.
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