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 Replies: 11 / Views: 1,286 |
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Valued Member
United States
122 Posts |
I've been looking for a reliable/reputable website to know what certain coins (US) are worth, and I've been using (124) Not Allowed - Auto-Removed so far. Is there a better one? Edited by JimmyCC
08/10/2013 11:25 pm
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Moderator
 United States
14463 Posts |
many say to check sold prices on ebay, but I tend to look at online dealer's retail prices too |
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Moderator
United States
14463 Posts |
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Bedrock of the Community
Australia
21786 Posts |
I am into ancient coins, for a pricing guide, that means VCOINS.
For anything else, I will perouse any or all websites. The more information, the better.
THEN I make up my mind what I want to bid for at public auction.
Sometimes I will just troll around the pricing guide websites just to get a feel for current pricings.
That way, I have an idea of values of what I may consider at a coin shop or show. Again, the more information, the better.
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Bedrock of the Community
13014 Posts |
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Pillar of the Community
Australia
7096 Posts |
For Australian coins I like to use the Blue/Green/Red sheets  |
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Valued Member
United States
477 Posts |
I've been using ebay as a guide since I'm ultra new and always thought their sold prices were on the high side, until I went to my first coin show yesterday. Now I don't feel so violated on some of the things I've bought from ebay. Rick |
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Valued Member
United States
395 Posts |
I agree with Basebal21... I have looked at various sites, including but not limited to NGC and PCGS. I have found that NumisMedia comes closest to true market value, with ebay completed sales research to back it up. If you are interested in values for selling, this is the way to go (at least for me). At least if you are selling on an open market as big as ebay for example. If you have more of a one on one sale, you can branch out a bit with other guides and maybe get a slightly higher value. I use this formula whether establishing a value to sell, buy or just for general knowledge. Its only worth what someone is willing to pay... and what the next guy is selling it for. Meaning, if a guide says its worth $100, but I can buy it all day long on ebay for $20... guess what? Its worth $20 in my eyes. Beyond true market value research, guides with inflated prices just make me feel like I'm fooling myself. |
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Pillar of the Community
United Kingdom
2133 Posts |
Whilst I tend to agree with JJHFL, there are a few cautions: a) Can you buy all day at $20 - where does the price go when the supply has dried up. b) A lot of dealers seem to buy on ebay for resale in shops or their own websites. That's effectively a wholesale price. c) A lot of collectors are also buying on ebay, effectively a retail price. so I think the ebay price is effectively somewhere between the wholesale price and retail price. I've never seen anything as marked as a $20 price and $100 book value, except for isolated coins. d) Also in comparing book value you should be adding shipping cost on to the ebay price. |
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Valued Member
United States
395 Posts |
I agree with the cautions Pertinax added to my statements... my examples may have been a bit too extreme compared to reality (the case of $100 book vs $20 sale), but you get my general point hopefully. And point "A" is a very good point. Just because you can buy it all day long TODAY for $20, doesn't mean that will be the case tomorrow. That being said, sometimes patience is your best friend if you want to realize more value... although it could technically go the other way too.
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Pillar of the Community
861 Posts |
I agree with the others here. ebay 'sold prices' will give you the best determination of 'real prices'. Unfortunately, ebay only gives you prices for the last 90 days. I have found a service called 'terapeak' that gives prices realized, on ebay, for the past 12 months. I also understand there's a company called 'worthpoint' that gives prices realized for ebay and many other auction houses as well for the past 5-10 years. Terapeak is much more user friendly than worthpoint, but, worthpoint is much more comprehensive. JMO |
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Pillar of the Community
United States
9792 Posts |
 jimmyCC! I use a combination of numismedia FMV charts as mentioned above. Dealers mostly use greysheets (a a fairly expensive weekly pricing guide with bid and ask values for pretty much everything US) You can find these sold in short term (1-3 month subscriptions on ebay, or even just the current week. ebay and auction sites like Heritage http://www.ha.com, Stacks & Bowers, Goldman, Legend, etc. will show prices realized on many better coins. ebay advanced searches for sold items is pretty close to what people are willing to pay in the market today. "Buy the Book Before You Buy the Coin" - Aaron R. Feldman - "And read it" - Me 2013! ANA Life Member #3288 in good standing since 1981, ANS, Early American Coppers Member (EAC), Colonial Coin Collectors Club member (C4), Conder Token Collector Club member (CTCC), Civil War Token Society (CWTS) member, Liberty Seated Collectors Club (LSCC) & Numismatic Bibliomania Society member (NBS), USMex, Member in good standing, 2˘ variety collector. See my want page: http://goccf.com/t/140440 |
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Replies: 11 / Views: 1,286 |
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Posted 08/10/2013 11:28 pm
