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 Replies: 40 / Views: 8,453 |
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Pillar of the Community
Canada
1330 Posts |
hi guys I been using coinsandcanada web but I been told not to take them to serious as this is a group of coins dealers that support this site ,any truth in this?
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Pillar of the Community
Canada
632 Posts |
The problem is not if the site is maintained by dealers or collectors, the problem, in my opinion, are the inconsistencies that make me wonder if there are other conflicting interests behind those that maintain the site. Anonymity of the editors is also a problem.
I prefer Trends. Not perfect, but at least it is a written record going back many years. The current editor, Sean Isaacs, who I know personally, is approachable, experienced, knowledgeable and well related. He has a virtual presence through CCN email, a store in Almonte and attends all major shows.
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Pillar of the Community
 Canada
9865 Posts |
Trends is a survey of dealers,by dealers,and for the benefit of dealers.However it reflects accurate pricing better than anything else out there.
No idea how prices are arrived at on the coinsandcanada site.It is all translated from French.
I wonder is there a more reliable guide for Francophone collectors?
"Dipping" is not considered cleaning...
-from PCGS website
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Pillar of the Community
Canada
632 Posts |
No DBM, there are no francophone guides - and this is the problem. The French community don't use CCN regularly because of the language barrier and some individuals filled the void with coinsandcanada. I don't know who they are.
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Pillar of the Community
Canada
1923 Posts |
CCN trends is my bible to Canadian coins I also think Sean Isaacs is doing a great job with up dated info
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Pillar of the Community
United States
4212 Posts |
I use C&C daily. Just enough info to let me know what to look for & great pics.
Dont realy care about the values, but I was unaware of the vast assortmant of varieties.
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Pillar of the Community
Canada
933 Posts |
I use it for values, especially the ebay history prices, very good info when it comes to bidding on a coin |
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Valued Member
Canada
190 Posts |
Hi eddio, Unfortunately, the "coinsandcanada.com" site has been previously documented in other topic discussions on CCF as containing errors in the numerical data in its price listings... Keeping in mind that it's certainly possible for any publication, be it on-line or hard-copy to make an error, I will usually cross-reference between guides and check on past ebay sales, and talk to other collectors to establish value before I purchase a higher price coin... In my opinion, if you want a reliable and current up-to-date market value price guide, Canadian Coin News "Trends" provides this... it is probably the "go-to" source guide for valuation of Canada coins that most knowledgeable collectors and dealers rely on... Please note that again, in my opinion / experience over past 5 years it's been my observation that for the categories of Newfoundland and Provinces values, all price lists I'm familiar with seem to be quite over-inflated as to actual dollar value achieved in market sales... Charlton Standard Catalogue is a valuable tool to have for identifying varieties as there are lots of photos and info regarding such... however when it comes to Charlton price lists, keep in mind the Catalogue is published once-a-year, in comparison to Canadian Coin News "Trends" list which is published every 2 weeks... In my opinion / experience when compared to actual sales on ebay and at coin shows, Charlton does not reflect as accurately to market conditions as does "Trends"... I have found that the Charlton values are often significantly over-inflated... Take care, and Have a Great Day! cameron93 |
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Valued Member
197 Posts |
Every price guide, regardless the origin, does not reflect actual prices and are, by definition, inaccurate. You can only take each little piece of information from a variety of sources and come to your own conclusion. Price depends upon real true supply and demand. No one in their right mind would pay "Trends" for 95% of the stuff listed there. Likewise, you can never sell a coin to a dealer at a price even approaching "Trends". There can never be an all-inclusive "be-all" price guide from VG up to the mid-to-upper 60's. Once you get to 50, eye appeal means everything and your pricing pages are in black and white print. All a price guide can give you is the relative scarcity of your coin compared to other dates and the relative scarcity as the coin gets to the higher grade of the same coin. CaC is a wonderful site with lots of knowledge and a great depository of data that is tough to find elsewhere. A guide is a guide is a guide and is already out-of-date the day it hits the street. Who cares who supplies the data? ... a collector should also be a researcher and information gatherer. Anyone who takes a single-source document and places his bet solely on it is sure to lose. If you luck out and pick up a Vicky Large Cent for $10 and then look it up in a "guide", here's what happens. Trends says it's $50, CAC says it's $75, a friend offers you $20 for it, a dealer offers you $28, and then you sell it on ebay for $35 ... what's it worth and what do you put in the book if you are a publisher? What happens if the ebay buyer puts it in an auction and then it brings $100 .. what's the value? |
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Pillar of the Community
Canada
1005 Posts |
Experience will help you more than a single source for information.
Coinsandcanada, Charlton, Haxby, Canadian coin news all have mistakes.
The website and books I use all have different photos used to identify things like large beads and high relief which is fantastic.
I see some replies here from some very knowledgeable collectors here already and agree with their statements about pricing.
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Pillar of the Community
Canada
695 Posts |
coinsandcanada is great for varieties, and providing pictures and info on how to identify them. For prices, I would, like others have said use CCN trends section.
The biggest issue that I find with coinsandcanada, Charlton etc. are that they are updated once yearly, whereas CCN trends are updated bi-weekly.
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Pillar of the Community
Canada
1700 Posts |
I use it as a shortcut for old circulated coins I find in circulation.
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Pillar of the Community
Canada
9865 Posts |
It takes many years to build a somewhat reliable price guide.Compared to other guides coinsandcanada is still an infant.Our fellow member castor seems to be a major contributor to that site.Perhaps he can enlighten us.
"Dipping" is not considered cleaning...
-from PCGS website
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Valued Member
Canada
61 Posts |
Quote:
hi guys I been using coinsandcanada web but I been told not to take them to serious as this is a group of coins dealers that support this site ,any truth in this? Numicanada and the english version, coinsandcanada, belong to only one man, who's also the admin, nicknamed "Lightw4re". All others are simple contributors, though I'm aware some members are giving a hand updating a few lists, but that's about it. Most of the updates are made by the admin, and being the only one in control, that's probably why all the datas are not updated that often. Now can you rely on the informations and prices? Though I've been contributing a lot to Numicanada (not the pricing sections, should I specify), the CCN trend remains my principal reference like most collectors, but it's important to check as many references as you can. Some are more "established", like CCN and Charlton, others like coinsandcanada are still very young as it's been said, and will more likely adjust their infos along the years. And by the way, if both these sites are supported by a bunch of dealers, I guess I'm the last to know... I don't know who told you that, and why, but it's quite an insidious affirmation. |
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Pillar of the Community
Canada
2366 Posts |
I like C&C because it's accessible by everyone from everywhere with a quick click. As previously stated by others, the prices may not be 100% representative but (also as previously stated by others) the same is true for all other sources. I can count the number of instances I've come across where I feel a price is seriously out of whack on one hand. I'm also pretty sure I've noticed some prices on there change more than once during a year and I do like the trend arrows (up/down) on the prices that were added in the last revamp of the site.
I would love to see the grading guide completed!
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Pillar of the Community
Canada
2366 Posts |
p.s. I probably give the most weight to what I see when I go to ebay, search for the coin, and order the list by Price + Shipping (lowest first). It's kind of like the stock market (as I may have mentioned in one or two other threads! :-) ). While past performance is interesting and possibly useful, it's the price that I'm being asked to pay right at this moment that is of primary importance. And past performance is no guarantee of future returns.... |
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Replies: 40 / Views: 8,453 |
Posted 01/29/2013 10:42 pm
