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 Replies: 9 / Views: 1,532 |
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Valued Member
United States
376 Posts |
How do you determine the value or what you pay for graded coins? I want to start a small basic slabbed set. Like roosevelts, washingtons and possibly some halves but I have no experience with these. For example, therea an NGC PF66 Washington on ebay Buy It Now for $15.88 free shipping. Is that an ok price? I just need some guidelines for values on these before I go overpaying. |
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Pillar of the Community
United States
3540 Posts |
Online research is available - search past recent auctions and fleacebay. I use numismedia as a baseline as well. Don't forget, price guides are just that...a guide. For modern coinage ( Indian cents and newer), I believe numismedia is fairly accurate. BUT....I should mention this first. YOU need to learn how to grade. Just because a TPG say coin X is MS65...coin can be overgraded or undergraded. So, expose yourself to as many TPG slabbed coins as possible in the series you want to collect. Buy a quality loupe....and good luck. |
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Valued Member
 United States
376 Posts |
Thanks. Ill definitely check out numismedia
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Pillar of the Community
United States
3540 Posts |
Should have also included this quote....
"BUY THE COIN, NOT THE HOLDER"....which goes with the other advice I mentioned above.
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Moderator
 United States
188440 Posts |
I use a combination of NumisMedia and ebay completed sales. |
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CCF Sponsor
United States
702 Posts |
I use numismedia, too - and ngc and pcgs. They all have valuations for their own slabs. Generally, the TPGs value their coins high, but you can get a *relative* sense of value that may help you make a more accurate determination. Gray sheet and coin values don't hurt either, but the online stuff is too easy to access.
Happy coin huntin'!
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Pillar of the Community
Canada
4944 Posts |
Quote:I use a combination of NumisMedia and ebay completed sales. That's what I do. That way you get a realistic value based on actual sales. |
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Bedrock of the Community
13014 Posts |
 ebay is sometimes high do to the fees they take but theyre the best bet. If you just shop around online youll get prices all over the place and depending where you look some will have insanely high prices |
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Moderator
United States
188440 Posts |
Quote:
... but the online stuff is too easy to access. I agree. I enjoy the fact that I can easily access NumisMedia and ebay from my Droid while at a coin show. Quote:
Ebay is sometimes high do to the fees... Good point. One should take this into account when looking at their completed sales prices. |
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Valued Member
United States
366 Posts |
Study before buying and I find buying via auction rather than BIN offers the best values for Moderns.
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Replies: 9 / Views: 1,532 |
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Posted 10/21/2012 12:58 pm
