Posted 06/05/2007 5:31 pm
He sent me a sample spreadsheet, and I would post it, but I don't know how since it's and Excel spreadsheet. If someone tells me how, I'll post it here.
Here's what he sent to me in an email when I requested a sample report:
CoinStats is not a magazine, as you'll see from the following
I have attached a 4 page spreadsheet of a past version of the Peace Silver Dollar CoinStats for you review.
I believe CoinStats is the best investment tool for rare coin investors. CoinStats is an in-depth statistic analysis of popular rare coin series that allow investors to identify the best values in certified rare coins. We are proud to offer this unique and outstanding investment tool exclusively to our clients only.
Let me explain why CoinStats is so helpful for rare coin investors. About 10 years ago, based on speaking with a number of rare coin investors who where active in the stock market, I realized that there were many similarities between identifying undervalued stocks and undervalued rare coins. I start out with the "market capitalization" of each coin in the nine most popular series of rare US silver and gold coins, in grades MS63 through MS67. The "market capitalization," or "market cap," of a company's stock equals the number of shares outstanding multiplied by the price per share. In rare coins, market cap = population (defined as number of coins graded by NGC + number of coins graded by PCGS) times the price of the coin. The prices are from PCGS.com, a retail price guide, however our clients purchase at my cost plus 10%, which is substantially lower then PCGS.com.
Comparing the market cap of coins is the first step in identifying undervalued coins. CoinStats goes on to compare the decrease in population of the next grade up to the increase in price of that grade. The largest percentage decrease in population of the next grade up combined with the highest percentage increase in price of the next grade up identifies value coins. As collectors and investors are priced out of the market for the next grade up their attention turns to these value coins, and their prices take off. While it's not an infallible formula, CoinStats has consistently helped investors outperform even the overall market in investment-quality coins for the past 10 years.
Sincerely,
Barry Stuppler
Here's what he sent to me in an email when I requested a sample report:
CoinStats is not a magazine, as you'll see from the following
I have attached a 4 page spreadsheet of a past version of the Peace Silver Dollar CoinStats for you review.
I believe CoinStats is the best investment tool for rare coin investors. CoinStats is an in-depth statistic analysis of popular rare coin series that allow investors to identify the best values in certified rare coins. We are proud to offer this unique and outstanding investment tool exclusively to our clients only.
Let me explain why CoinStats is so helpful for rare coin investors. About 10 years ago, based on speaking with a number of rare coin investors who where active in the stock market, I realized that there were many similarities between identifying undervalued stocks and undervalued rare coins. I start out with the "market capitalization" of each coin in the nine most popular series of rare US silver and gold coins, in grades MS63 through MS67. The "market capitalization," or "market cap," of a company's stock equals the number of shares outstanding multiplied by the price per share. In rare coins, market cap = population (defined as number of coins graded by NGC + number of coins graded by PCGS) times the price of the coin. The prices are from PCGS.com, a retail price guide, however our clients purchase at my cost plus 10%, which is substantially lower then PCGS.com.
Comparing the market cap of coins is the first step in identifying undervalued coins. CoinStats goes on to compare the decrease in population of the next grade up to the increase in price of that grade. The largest percentage decrease in population of the next grade up combined with the highest percentage increase in price of the next grade up identifies value coins. As collectors and investors are priced out of the market for the next grade up their attention turns to these value coins, and their prices take off. While it's not an infallible formula, CoinStats has consistently helped investors outperform even the overall market in investment-quality coins for the past 10 years.
Sincerely,
Barry Stuppler
