| Author |
 Replies: 19 / Views: 3,734 |
|
Pillar of the Community
Canada
849 Posts |
I had a six month old copy of Canadian Coin News. Picked up a Sep-Oct copy and noticed key items like 1858 Penny, 1948 Silver Dollar, and 1926 far Nickel had not changed by even $1 in any grade.
What good is an update on trends every two weeks if it reads like an annual Catalogue that does not change for 12 months? Might as well just use the Charlton and replace it yearly.
|
|
|
|
Valued Member
Canada
99 Posts |
I don't have a trends guide handy right now but if I recall it differs a fair bit from Charlton which I also find strange. If trends isn't updated regularly then I would think it would have similar pricing to Charlton. I may be wrong in that assumption as well so someone with a recent copy of each please correct me if that is the case.
|
|
New Member
19 Posts |
Trends listings are updated every issue in rotating groups one at a time or so. Please read the editorial section at top of Trends prices and it will tell which coins were updated that issue and make some pertinent comments on the market etc. These prices are a guide to retail prices best used to compare relative values of one coin vs. another not a rigid price at which coins Must sell.........
Hope this helps. You may be looking for the impossible if you expect a complete update of all things every 2 weeks.
|
|
Valued Member
Canada
99 Posts |
I agree with medaldetector and was aware of the rotating changes. That being said with tons of coins it takes a long time to make any changes at all so I want to commend Sean who does a great job. My question which may not have been clear is why are Charlton prices often so different (even in subsequent issues being way to high in most cases)? We all use trends for helping us determine what price to pay yet Charlton is also suppose to be for that but is simply used for varieties it seems.
So just to be clear on my end awesome job Sean with CCN Trends, but what is Charlton doing lol?
Edited by jbsquash
10/06/2013 8:08 pm
|
|
Pillar of the Community
Canada
3049 Posts |
I'm not exactly sure how Trends pricing is implemented in the CCN but this is how I would imagine it, and please correct me if I'm way off the mark.
Trends are basically an average of reported sales over a given period of time for a coin in a particular date and grade.
So if you took one coin say the '48 silver dollar. How many times did a '48 sell at auction or in an LCS where the final sale price was reported to the CCN. If a '48 sold and it was already within a certain range the final price would probably not cause a real big fluctuation in trend prices.
If there were several '48's sold that were outside of a certain range the price would move, but given the amount of time to record & and analyze the date it could be up to 4 - 8 weeks before prices are printed ..
With respect to the difference between CCN and the Charlton... my best guess is that because the Charlton has to be written and printed almost 6 months before release... the prices listed are more of a guideline and prediction of what pricing will be given previous trend data for any given year.
|
|
Pillar of the Community
 Canada
849 Posts |
Thanks for the clarification. As these are the only two issues of Canadian Coin News I have read, I assumed that there were no changes in six months. No changes in a two week span I could understand but it looked like no changes in six months. I will compare the two issues again and look to see where the modest changes lie.
|
|
Bedrock of the Community
Canada
10743 Posts |
Quote:
With respect to the difference between CCN and the Charlton... You want to see difference in prices, look at Coins and Canada prices..  |
|
Pillar of the Community
Canada
1554 Posts |
 Trend pricing for coins are determined by a vast array of networks, auction sales, dealer/investor recommendations, Collector purchases, etc. Also bare in mind that trend pricing is NOT set in stone and is merely a guideline to which a negotiation between buyer/seller can generally begin at. If for example you have an I.C.C.S., 1948 silver dollar for sale in MS-60, both Charlton and C.C.N. list it for $1,800.00. If either one was +/- $100.00 in difference, it would still not make a huge difference in the final price negotiated by buyer/seller. The way I determine the value of a coin I'm interested in purchasing is to view C.C.N. trends, Charlton trends, past E-bay sales, past icollector sales, current E-bay auction prices for similar graded coins. With this information in hand, I make a final judgement what I'm willing to pay for / sell a particular coin for! Glenn  Edited by glenzy1
10/07/2013 07:35 am
|
|
Pillar of the Community
Canada
627 Posts |
Trends may not change that often, but lets not forget all the great articles. The CCN is not just for pricing.
|
|
Pillar of the Community
 Canada
9866 Posts |
Quote:
lets not forget all the great articles. Those are few and far between.CCN would better serve collectors as a monthly rather than bi-weekly publication.Trends change so slowly and many of the articles seem to be just filling space.It smacks of advertising rag. "Dipping" is not considered cleaning...
-from PCGS website
|
|
Moderator
 Canada
10463 Posts |
Quote:
Trends may not change that often, but lets not forget all the great articles. The CCN is not just for pricing. I am not sure if you are being sarcastic or serious, but I am assuming the former - you know that I am biting my tongue right now.... "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
2301 Posts |
|
|
Pillar of the Community
Canada
627 Posts |
A little bit of sarcasm, and a bit of truth. Being on the east coast, I don't get to attend many large shows (except CoinExpo and Nuphlex), and there is not a large numismatic community here so I use the CCN to suck as much information as I can out of it. I even use the ads to see whats hot and whats not. For a novice collector I believe the CCN does its job, but for the more advanced collector, it leaves you unsatisfied. I like DBMs idea of a monthly magazine if it meant better more in depth articles.
|
|
Pillar of the Community
Canada
1554 Posts |
 on the east Coast, tfred and I are about the only coin Collectors around. You folks in Ontario and out west take alot for granted. Major coin shows/venues at every street corner, coin clubs and coin stores in every city, you get my drift! This is why us starving Numismatists in the Atlantic Region absorb as much as we can from newsletters, internet, online auctions, E-bay and right here on C.C.F.! Glenn  |
|
Moderator
Canada
10463 Posts |
You stand to gain an incredible amount of information, being a member of the RCNA, more than you'll ever get from Canadian Coin News. "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
4227 Posts |
Quote:
on the east Coast, tfred and I are about the only coin Collectors around. Quote:ou stand to gain an incredible amount of information, being a member of the RCNA, more than you'll ever get from Canadian Coin News. Very true. |
| |
Replies: 19 / Views: 3,734 |
Posted 10/06/2013 7:48 pm
