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Resource For Valuing Graded Coins

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44-40's Avatar
United States
7 Posts
 Posted 11/27/2013  5:07 pm Show Profile   Bookmark this topic Add 44-40 to your friends list Get a Link to this Message Number of Subscribers
I had a coin collection passed down to me and I'm new to coin collecting. Many of the coins are sealed in plastic with the blue grading tag that was done about 25 years ago.

I'm looking for an online resource that would give approximate values for graded coins.

Is the Red Book only published in hard copy?

Thanks
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Canadian-Banknotes's Avatar
Canada
4944 Posts
 Posted 11/27/2013  5:41 pm  Show Profile   Bookmark this reply Add Canadian-Banknotes to your friends list Get a Link to this Reply
You could use Numismedia (http://www.numismedia.com/fmv/fmv.shtml) or completed listings on ebay to find a value.

If you post your coins in the grading forum, members here can help you determine a grade for your coins.

to CCF
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yhbearcats's Avatar
United States
688 Posts
 Posted 11/27/2013  5:47 pm  Show Profile   Bookmark this reply Add yhbearcats to your friends list Get a Link to this Reply
to CCF!

Canadian Banknotes listed the two best places to go to determine value. If you have any coins that are in a protected holder called a "slab" that have a grade assigned to them, especially if the grading company is PCGS, you can also go to www.pcgs.com/prices. I would only use these prices for coins graded by PCGS, otherwise stick with the other two places.

We want pics of the coins!
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NathanASE's Avatar
United States
1511 Posts
 Posted 11/27/2013  5:53 pm  Show Profile   Bookmark this reply Add NathanASE to your friends list Get a Link to this Reply
with both, numismedia.com and completed ebay listings are my go too's for pricing. CoinWorld magazine has a decent guide as well, a bit high though. RedBook is all over the place... It's great for info, not so much for values.

Remember though, guides are just that... Guides... There all on the high side, even numismedia... I never pay the price listed unless its a monster toner or such. eBays completed listings give you a real time example of what a specific coin is doing on the market, here and now... It just takes more time than looking at a guide..
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44-40's Avatar
United States
7 Posts
 Posted 11/28/2013  10:40 am  Show Profile   Bookmark this reply Add 44-40 to your friends list Get a Link to this Reply
Thank you for the leads.
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ExoGuy's Avatar
United States
4415 Posts
 Posted 11/28/2013  11:08 am  Show Profile   Bookmark this reply Add ExoGuy to your friends list Get a Link to this Reply
Welcome aboard!

Bear in mind that grading standards have changed in the past 25 years, and even experienced graders will disagree at times. There are books on grading. In addition to networking with online collectors, I'd humbly suggest that you locate a regional coin club and attend some shows. This is a very rewarding hobby for those who are willing to study ...
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Canada
49 Posts
 Posted 11/28/2013  3:17 pm  Show Profile   Bookmark this reply Add RUSH2112 to your friends list Get a Link to this Reply
When I visit Numismedia, the prices stop at MS60.

Am I doing something wrong or do you have to subscribe to get the 60-70 grade prices?
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basebal21's Avatar
13014 Posts
 Posted 11/28/2013  3:33 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply
Rush

You can either click on the individual coin and get them all, or just under the top part of the page it sayes grades with clickable links for the ranges.
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muddler's Avatar
United States
7187 Posts
 Posted 11/28/2013  3:36 pm  Show Profile   Bookmark this reply Add muddler to your friends list Get a Link to this Reply
When you chooses the type of coin in Nummesta the it brings you to g4 to ms 60 there is a tab at the top for ms 61-70
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NJ Bob's Avatar
United States
655 Posts
 Posted 11/28/2013  3:42 pm  Show Profile   Bookmark this reply Add NJ Bob to your friends list Get a Link to this Reply
Rush, as basebal21 said, look at the top of the page and you'll find this:

Resource-For-Valuing-Graded-Coins

Just click on the range you want.
New Member
Canada
49 Posts
 Posted 11/28/2013  3:47 pm  Show Profile   Bookmark this reply Add RUSH2112 to your friends list Get a Link to this Reply
Thanks for that guys, but the prices numsimedia seem a little low compared to that popular online auction site.

But then again, that online auction site has a lot of coins that may be bid up by family members or who-ever, so as a guide for pricing coins, it's not the best option.

If you go to the sold section and see the coins that are
re-listed, you will know what I mean. I use to track vintage hockey cards and it was amazing the cards that sold for big bucks, only to be re-listed. Of course, some may have been due to being un-paid but I doubt all were.
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smokeriderdon's Avatar
United States
3755 Posts
 Posted 11/29/2013  10:22 am  Show Profile   Bookmark this reply Add smokeriderdon to your friends list Get a Link to this Reply
Coinworld's site is my go to for values.

ebay can give an idea of what to expect but those sales tend to be all over as well.
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NathanASE's Avatar
United States
1511 Posts
 Posted 11/29/2013  10:28 am  Show Profile   Bookmark this reply Add NathanASE to your friends list Get a Link to this Reply
Which online auction site? ebay?

I assume your looking in completed listings? If yes, that doesn't only list sold items, it also lists ones that just didn't sell.. Some buyers have extremely unrealistic buy it now prices and will keep being relisted. Lol, alot of people think there items are way more valuable than they really are..

To get the accurate idea of real time pricing from ebay you only use the completed listings that are marked as sold. Many the time just ran out and nobody bought them because of unrealistic prices.

numismedia is really quite accurate, actually I find there prices to be on the high side on many examples. With a little patience and effort you should be able to buy almost every coin in there for less than they list it at.

Another thing to remember is that coins with amazing eye appeal, monster rainbow toning etc almost always carry a premium over the listed prices. So when comparing your coin with ones there for values try to find some grades the same that have similar eye appeal.. In other words make sure our not comparing your regular blast white coin to a deeply toned coin that's sure to bring a premium, or vice versa.

Also for numismedia if you click on the specific date you want it will list grades G-the highest known example and compare market prices/changes over the last year.

Another good site you should check out is photograde.com. made by PCGS, and it shows examples of every coin in every grade, quite useful when learning to grade, not absolutely perfect and precise but a great reference none the less.
New Member
Canada
49 Posts
 Posted 11/29/2013  2:16 pm  Show Profile   Bookmark this reply Add RUSH2112 to your friends list Get a Link to this Reply
I am aware of the "SOLD" button on the completed listings.

A re-listed item can mean two things happened.

1. The item was not paid for and re-listed.

2. The last bidder was stuck with the item.

While it doesn't happen often, it happens. In fact, it's been happening since the auction sale format began. I been attending brick and mortar auctions for 25+ years and have seen it all. Even saw a local auctioneer holding up a coin and bidding against someone on the floor. Never been there since.



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basebal21's Avatar
13014 Posts
 Posted 11/29/2013  4:08 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply

Quote:
numismedia is really quite accurate, actually I find there prices to be on the high side on many examples. With a little patience and effort you should be able to buy almost every coin in there for less than they list it at.


I agree that arent dead on accurate more of a ball park usually.

It seems that if an item is common theyre a little high for ebay pricing, but if its something thats hard to find they generally end up being on the low side.

Than again in fairness to them price guides were never really meant for those things that only come up for sale every couple months or longer.
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Chancellor Sutler's Avatar
United States
1372 Posts
 Posted 11/29/2013  6:22 pm  Show Profile   Bookmark this reply Add Chancellor Sutler to your friends list Get a Link to this Reply
Numismedia is (to my recollection), and nobody has pointed to the fact, the price list published by NGC, for "slabbed" coins. When I'm buying ... I usually allow about 70 - 80 percent of numismedia FMV for raw coins.

Chance
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