Estimating Coin Values

If you can't get an exact equivalent ebay listing that matches the condition of your coin, the value assessment below maybe of some help:

The value can be assessed but is a little complicated without practice.
The value of a coin is made up of two components:
1 The nett bullion value
2 The numismatic value over and above the bullion value.

a) Find our the ASW for the coin.
b) Find the spot price per ounce at the time the listings in the book were written. That should be found in the introduction, before the listings.
c) Subtract the then bullion value for the coin from the listings value, to find the additional numismatic value for the coin.
d) Add the calculated numismatic value to the current bullion value for the coin to arrive at the current market value for the piece.

This approach becomes less valid for older listings, because the added numismatic value can also change, but should be reasonably accurate for listings less than, say, three years old.

Based on the great advice I've gotten here, I keep five things in mind:

RedBook value
Spot value
numismedia
Grey Sheet value
Completed e-bay sales

I find that any one of the above can be skewed for a reason at any time, but by evaluating the five, I usually can come up with a price that is reasonably close to the 'theoretical objective value' - also recognizing that there is no such thing as a 'theoretical objective value.'

Finally, I add the following factor:

"How much do I want the coin?"

Telestrat27: You are on the learning curve! Enjoy the climb.

I have lotsa fun with ALL of the information I can get hold of, when I value ancients for myself. Auction records, time frames, comparative conditions, quality of strike, eye appeal, nominal and comparative book values.

And, oh yes! One of yours!
"How much do I want the coin?"

Red Book values should not be used for any reliable source guide for prices of anything, IMO, as that guide is printed once a year, and the prices are outdated by the time the issue is released. For silver prices, you're better off tracking the daily trade of silver, and other precious metals, from a source online like Kitco, or APMEX, and that is what you should value your silver coins at.

Even the CDN is not helpful in tracking the spot price of PMs, daily.

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

Tbone unfortunately you have to have their coin facts subscription to see that

It is a very useful tool to have that all in one location and not have to look around everywhere. Of course a lot of dealers unfortunately dont care and still want what they want