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 Replies: 13 / Views: 2,054 |
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Valued Member
United States
234 Posts |
I am curious about everyone's opinions regarding the various free online price guides- Numismedia, PCGS, NGC, etc. Which do you think is the most accurate for fair market value for a coin, without going to auction prices realized?
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Pillar of the Community
United States
1531 Posts |
Numismedia is most accurate and you can expect to buy/sell closer to those prices.
PCGS and NGC inflate the prices, PCGS more so than NGC. Pretty annoying.
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Pillar of the Community
United States
1584 Posts |
PCGS price guide and Numismedia are good "rule of thumb" guides. I multiply their listed prices by .7 to get closer to reality.
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Bedrock of the Community
United States
20753 Posts |
You must realize that all price guides are just that, GUIDES. There is no manufacturers list price on coins. Anyone can say this or that about a coins price but it means nothing. The real accuate price guide is ebay. What a coin sells for there is what it's worth. Regardless of any on line or published guide. I've been doing some studies on the Red Book by Whitman Publishing lately and am now finding there prices have come down excessively. That book used to be massively over kill on prices. PCGS has a price listing that is also very excessive. But they have a reason. If they can make you think your coins are worth more, you many send to them for grading. So for them inflating values pays off. Many say Numismedia is the best. However, with their prices that is what you may pay, never what you can get unless your a dealer. |
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Valued Member
United States
121 Posts |
I would also look at Heritage Auctions http://www.ha.com to see what items have sold for. |
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Valued Member
United States
452 Posts |
I like numismedia too. I consider it fairly accurate for PCGS and maybe NGC slabbed examples of the subject. One must always use more discretion when considering a "raw" subject, esp online.
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Pillar of the Community
United States
1002 Posts |
Quote:
PCGS price guide and Numismedia are good "rule of thumb" guides. I multiply their listed prices by .7 to get closer to reality.  If you can find these more than 30% below guide you are doing well. Remember PCGS guide is for slabbed PCGS coins. |
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Valued Member
United States
89 Posts |
I check NGC/PCGS/Numismedia on coins I am considering. The first place I go is CoinFacts. It list the PCGS Price along with the last 5 aution prices realized, regardless of auction house, for both PCGS & NGC coins. That gives me a quick view of the most current auction results. I also limit my auctions results going back just 1 year as going back future can distort average prices as coins go through cycles like everything else. I also view the guide prices as being for "average" strike coins for the grade and just a starting point.
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Pillar of the Community
861 Posts |
I agree with, just carl, ebay is the most accurate as they are actual realized prices. The only problem with ebay is they only give you 3 months of sold items. Terapeak will give you 1 year of ebay sales. |
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Valued Member
 United States
234 Posts |
Quote:
Numismedia is most accurate and you can expect to buy/sell closer to those prices.
PCGS and NGC inflate the prices, PCGS more so than NGC. Pretty annoying. Yes, I have noticed that Numismedia seems to be lower in general than PCGS and NGC. Quote:
I check NGC/PCGS/Numismedia on coins I am considering. The first place I go is CoinFacts. It list the PCGS Price along with the last 5 aution prices realized, regardless of auction house, for both PCGS & NGC coins. That gives me a quick view of the most current auction results. I also limit my auctions results going back just 1 year as going back future can distort average prices as coins go through cycles like everything else. I also view the guide prices as being for "average" strike coins for the grade and just a starting point. mainer- thanks for the info. I had forgotten that coin facts listed the last 5 auction results. |
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Pillar of the Community
United States
7840 Posts |
Good info above, IMO, the only real value of a coin is what someone will pay for it. The "guides" mentioned above are "roadmaps", the buyers are the "obstructions" and "diamond lanes" which can make the roadmap difficult to charter. Previous auctions are probably the best indicator, but those can get pretty crazy at times. Edited by oih82w8
06/05/2014 09:02 am
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Valued Member
United States
72 Posts |
PCGS has an auction prices realized page that is very handy:
[url]http://www.pcgs.com/auctionprices//[url]
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Pillar of the Community
United States
4337 Posts |
Justcarl has good advice and ebay is a good gauge on the sold listings. Numismedia logic on the back end is a derivative of their algorithms crawling auction sites they have relationships with so what you see there is useful as it represents an aggregate of current market activity. No need to apply a percentage reduction there. In the end your coin is worth what you're willing to pay or be paid. |
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Valued Member
United States
234 Posts |
Thanks for the info, all! I appreciate your opinions.
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Replies: 13 / Views: 2,054 |
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Posted 06/04/2014 5:39 pm
