| Author |
 Replies: 14 / Views: 1,751 |
|
|
Pillar of the Community
Canada
1554 Posts |
 I know the pricing for Victorian half dollars has been in place for awhile now for the AU-55 grade. This Topic is about this particular series and this exact grade! I've always been under the impression that "split" grades were a combination of the lower grade and higher grade split in two and one half added to the lower grade. For example, if a particular coin graded: AU-50=$100 MS-60=$200 Difference is $100.00 divided by two=$50.00 Therefore, add $50.00 to the AU-50 grade and Voila, you now have a coin priced at AU-55 @ $150.00. However, when you look at the trend pricing over the past couple of years for the Victorian AU-55 grade in C.C.N., it totally defies this grading logic? Anyone have any insights why this is the only series in the entire C.C.N. that this particular "grade" (AU-55) is priced sooo differently? Glenn  Edited by glenzy1
04/14/2013 1:10 pm
|
|
|
|
Pillar of the Community
Canada
686 Posts |
I don't have a CCN in front of me, but why should an AU-55 be the average of AU-50 and MS-60? A MS-64 is unlikely to be the average of MS-63 and MS-65. Generally speaking, a 64 will be closer to a 63 than a 64, and I would assume that a 55 would be closer to a 50 than a 60.
I would say that coin prices are more an exponential function of grade than linear.
|
|
Pillar of the Community
 Canada
9865 Posts |
Haven't looked at Trends to see how they split the difference,but rule of thumb has been that you take the difference,divide by three and add to the lower grade price.
AU50=$100
MS60=$200
AU55=$133
"Dipping" is not considered cleaning...
-from PCGS website
|
|
Pillar of the Community
Canada
1472 Posts |
It really depends if you're selling or buying.
|
|
Pillar of the Community
Canada
2495 Posts |
"It really depends if you're selling or buying."
Exactly.
No dealer is going to figure the starting price on an au58 (au $100 and ms60 $200) is $180 when he's buying from you.
|
|
Pillar of the Community
Canada
9865 Posts |
In my experience,when selling an AU55 coin to a dealer,if AU50 is $100 he'll say "EF45 at best,I'll give you 55 bucks,it's the best I can do,there isn't much demand for these right now"
"Dipping" is not considered cleaning...
-from PCGS website
|
|
Valued Member
Canada
475 Posts |
I think another way to sum up is ...................."It really depends on WHAT you are selling or buying"
|
|
Pillar of the Community
 Canada
1554 Posts |
 Brett Evans, Editor of C.C.N replied a copy of this thread via the following e-mail: The reason it defies that logic, is because the logic is wrong. You see some cases in the Vicky half series where the 55 is close to 60 and in some where it is closer to 50. The reason is that the supply is and demand is not consistent across the entire grading spectrum. For instance the George VI half in MS 63 don't meet this "logic" at all. Generally speaking the population of higher grades are smaller than lower grades, while demand is often a bit higher for the better coins. Bret Evans |
|
Valued Member
Canada
190 Posts |
Weigh in on poll I have started for this topic...
cameron93
|
|
Moderator
 Canada
10458 Posts |
What on earth would Bret Evans know about supply and demand of Victorian 50-cent coins? He is an editor (of several publications), not a coin dealer... "Discovery follows discovery, each both raising and answering questions, each ending a long search, and each providing the new instruments for a new search." -- J. Robert OppenheimerContent of this post is licensed under a Creative Commons Attribution-NonCommercial 3.0 Unported License. See: http://creativecommons.org/licenses...0/deed.en_USMy eBay store
|
|
Pillar of the Community
Canada
9865 Posts |
How accurate should a rule of thumb be?
Since a thumb is one digit of five, +/- 20% should be okay.
If you use the $AU55=[($MS60-$AU50)/3]+$AU50 rule of thumb for the Victoria 50cents,it works within 20% and even predicts the actual price occasionally.
Splitting the diifference as a rule of thumb doesn't even come close.
"Dipping" is not considered cleaning...
-from PCGS website
|
|
Valued Member
Canada
190 Posts |
Current results of poll:
AU-50 is $100 / MS-60 is $200 -- AU-55 = $150 [75%] 40 votes
AU-50 is $100 / MS-60 is $200 -- AU-55 = $133 [21%] 11 votes
Other: please provide your calculation [4%] 2 votes
In my opinion it would seem most logical that the grade / values would be as follows:
- $100 -- $125 -- $150 --- $175 --- $200
AU-50 - AU-53 - AU-55 - AU-58 - MS-60
cameron93
|
|
Pillar of the Community
Canada
1554 Posts |
 Thanks Cam for this informative and entertaining thread cam, it's put my mind at ease as to the pricing of split graded coins! I've been e bit confused for awhile regarding split grades, I thought I was losing it, however, your thread put a lot of my initial beliefs in perspective! Glenn  |
|
Moderator
Canada
10458 Posts |
Logical yes, but realistic? No. I have seen ugly, baggy MS-60 coins sell for less than a really nice AU-55 or AU-58 coin, especially with older Victoria and Edward VII coins.
"Discovery follows discovery, each both raising and answering questions, each ending a long search, and each providing the new instruments for a new search." -- J. Robert OppenheimerContent of this post is licensed under a Creative Commons Attribution-NonCommercial 3.0 Unported License. See: http://creativecommons.org/licenses...0/deed.en_USMy eBay store
|
|
Pillar of the Community
Canada
2495 Posts |
Good point SPP-Ott
In any business or hobby, there's a world of difference between the 'theoretical' and what's 'reality'.
We should start another poll only for the group of voters who chose the au55=$150 value.
I'd like to know what percentage of this group actively sells coins.
(My point being if they do sell regularly, they wouldn't have voted for au being $150)
Edited by doubleeagle59
04/16/2013 6:36 pm
|
| |
Replies: 14 / Views: 1,751 |
|
Posted 04/14/2013 1:08 pm
