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Who Do You Trust For Pricing On US Circulated Coins?

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wolfman-11's Avatar
Canada
372 Posts
 Posted 09/14/2014  05:13 am Show Profile   Bookmark this topic Add wolfman-11 to your friends list Get a Link to this Message Number of Subscribers
I have started collecting US coins and wonder where I should look to find a list for values. I have found some sites but they specify that prices are for graded coins, and other sites I find hard to see where they come up with their prices.
I wanted to know what the majority of users here use to base values on for common coins.
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chettieyy's Avatar
United States
297 Posts
 Posted 09/14/2014  08:16 am  Show Profile   Bookmark this reply Add chettieyy to your friends list Get a Link to this Reply
In all honesty ebay is a good starting point.. Just search for a particular coin under the sold listings and that will give you the current pricing on what a particular coin has been going for. Make sure you search sold listings and not completed as there is a difference as completed doesn't mean they necessarily sold. The blackbook for U.S coins would be another good reference. Also numismedia.com is my other go to source.. Hope it helps.
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mini_dude's Avatar
United States
49 Posts
 Posted 09/14/2014  09:17 am  Show Profile   Bookmark this reply Add mini_dude to your friends list Get a Link to this Reply
I like the RedBook or Bluebook depending on which value you want: sell or buy.
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n9jig's Avatar
United States
997 Posts
 Posted 09/14/2014  09:56 am  Show Profile   Bookmark this reply Add n9jig to your friends list Get a Link to this Reply
BlueBook and RedBook pricing is good for RELATIVE pricing. They are a good indication that a particular coin is worth somewhat more than others.

ebay is pretty good for what market conditions are at the moment but it is kind of hit or miss if your particular coin is represented at the time. Also remember only to use SOLD prices from ebay, there are a lot of coins out there for exorbitant prices that either never sell or some unknowing buyer might get ripped off with.

Also remember that a dealer will offer you a price a lot lower than he would sell it at. He is in business to make money so that is to be expected. If a coin is listed at $100 in the RedBook, expect a dealer to offer substantially less than that since he has to pay his rent, utilities, employees and a salary.
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John1's Avatar
United States
56855 Posts
 Posted 09/14/2014  12:27 pm  Show Profile   Bookmark this reply Add John1 to your friends list Get a Link to this Reply
Numismedia.com and e-Bay sold values.
John1
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fioti's Avatar
United States
4212 Posts
 Posted 09/14/2014  12:33 pm  Show Profile   Bookmark this reply Add fioti to your friends list Get a Link to this Reply
ditto & ditto
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wolfman-11's Avatar
Canada
372 Posts
 Posted 09/14/2014  1:49 pm  Show Profile   Bookmark this reply Add wolfman-11 to your friends list Get a Link to this Reply
So far I like the Numismedia.com site. Thanks for the input.
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Necer149's Avatar
United States
457 Posts
 Posted 09/14/2014  4:38 pm  Show Profile   Bookmark this reply Add Necer149 to your friends list Get a Link to this Reply
Numismedia and PCGS
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smokeriderdon's Avatar
United States
3755 Posts
 Posted 09/16/2014  04:51 am  Show Profile   Bookmark this reply Add smokeriderdon to your friends list Get a Link to this Reply
Numismedia is a wholesale price list IMO. PCGS is just an inflated guide to sell their plastic. CoinWorld has a good retail price guide. And if someone comes at you with grey sheet pricing, just walk away. They are about to lowball you into purgatory.
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vermontensium's Avatar
United States
16677 Posts
 Posted 09/16/2014  04:57 am  Show Profile   Check vermontensium's eBay Listings Check vermontensium's eCrater Listings Bookmark this reply Add vermontensium to your friends list Get a Link to this Reply
Heritage Auction archives #1.

Next, I use combo of Numismedia, greysheet, and above, not to mention 30+ years experience buying and selling.
swcoin.ecrater.com
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smokeriderdon's Avatar
United States
3755 Posts
 Posted 09/16/2014  06:20 am  Show Profile   Bookmark this reply Add smokeriderdon to your friends list Get a Link to this Reply
I do not like using auction prices for one reason. Far too often coins go for way less than their value at auction, Heritage or not.
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CoinCollector2012's Avatar
United States
8137 Posts
 Posted 09/16/2014  8:09 pm  Show Profile   Bookmark this reply Add CoinCollector2012 to your friends list Get a Link to this Reply
The Red Book is a good source as well as numismedia.com
Bedrock of the Community
United States
20753 Posts
 Posted 09/16/2014  8:29 pm  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply
The famous Red Book by Whitman Publishing is normally excessive with prices of any coins. Never knew why but just is that way. Same with the PCGS and NGC web sites but those have a reason for over pricing. Sort of makes people want to send coins to them if the people think they are worth a lot.
What I do is use a 2010 Edition of the Red Book for pricing. Anyone that wants to charge me more than that is just forgotten by me. A 4 or 5 year old Red Book is cheaper to buy and the coin prices on Earth have finally gotten to what that edition states.
The main thing is to remember that almost all price guides are just that, GUIDES. They are supposed to be guiding you, not guaranteeing a price.
I like to buy at coin shows rather than any place on line. I've never found any internet sight, ebay or others, that can ever compare with a coin show.
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edweather's Avatar
United States
7375 Posts
 Posted 09/17/2014  01:20 am  Show Profile   Bookmark this reply Add edweather to your friends list Get a Link to this Reply
ebay sold listings will give you the exact current market pricing.
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BadThad's Avatar
United States
19935 Posts
 Posted 09/17/2014  08:59 am  Show Profile   Bookmark this reply Add BadThad to your friends list Get a Link to this Reply
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atchisonbj's Avatar
United States
293 Posts
 Posted 09/17/2014  9:44 pm  Show Profile   Bookmark this reply Add atchisonbj to your friends list Get a Link to this Reply
The RedBook or Black Book is a good starting place for any business strike coin that is NOT a better variety (Sheldon on Early Large Cents, Newcomb on 1816-1857 Large Cents, VAM on Morgan & Peace)that can be found at any small regional show within a year. I define a small regional show as being in or just outside of a city like say Joplin, Missouri which is about 45,000 in population. That be said if you are looking at a really WOW coin with pretty toning, exceptional eye appeal, or something always in demand like an 1857 Large Cent prices can go north or even well north of that.
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