Coin Dealers - Step Up And Lower The Price Of The Trends!

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doubleeagle59 Pillar of the Community Canada 2495 Posts	Posted 02/02/2017 11:16 am * Edited by Staff to clarify topic title. This is a family-friendly site. * It's way past the due date on lowering the price of quite a few categories of the Canadian Coin Trends. Am I mistaken or has the controller of these Trends been a coin dealer for the most part? The person presently in charge of the Trends, in my opinion, has no intention of reporting 'current' price trends. MS65 prices for QEII are currently a joke in the Trends. There's plenty more isolated cases showing trends prices are way overinflated. 1937 ms65 50c asking 50% of trends on ebay, going unsold, week after week. 1939 ms65 $1 trends at $650 with the last six selling for $180 to $240. Recently a 1940 ms65 5c trends for $1000, sold for approx. $375.00 This is not a recent price drop. I'm not one for changing prices week to week because of some high or low auction price, but in this case, the depressed prices have been around since 2008. It's high time to drastically change (or drop) the prices in today's trends. If not, then every time a new Canadian coin trends is published, just title it 'Canadian Coin Trends 2007" Edited by doubleeagle59 02/02/2017 11:19 am Report this Post to the Staff

SPP-Ottawa Moderator Canada 10456 Posts	Posted 02/02/2017 11:34 am The exceptions are when graded pieces have superior eye appeal. The ONLY time I paid more than 100% of Trends prices was for a gorgeous, full red, 1943 PCGS MS-65 Red small cent (hard year for full red). It can be interesting at auctions to watch the hammer fall on two coins of the same grade, with markedly different eye-appeal, particularly the large cents and silver dollars. Collectors sometimes forget the value of eye-appeal. When selling coins, I have occasionally debated prices with collectors at my table, who wanted to pay recently hammered auction prices for my coins. I would tell them, "show me your coin you bought in the auction". Then I would pull one out of my case of the exact same grade, put the two coins side-by-side... and ask them - "which one do you like better?" They would immediately point to my coin. My response was, "That is why my coin is priced higher than your auction coin, even though they are the same technical grade." However, I digress. The Charlton catalogue and CCN Trends should reflect average market prices - meaning somewhere happily between the lowest common denominator and best ones out there. "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 Oppenheimer Content of this post is licensed under a Creative Commons Attribution-NonCommercial 3.0 Unported License. See: http://creativecommons.org/licenses...0/deed.en_US My eBay store Report this Post to the Staff
Alex A Pillar of the Community 710 Posts	Posted 02/02/2017 12:07 pm LOL, this topic seems to come up on a regular basis but nothing changes. I wonder why? Seriously, a coin dealer who I deeply respect pointed out there is a conflict of interest in the way Trends is managed, and it does not represent the "trend" at all (otherwise the prices would have been "trending" down for several years). Trends has become less influential as time goes by. It is simply another indicator people use to judge prices. Report this Post to the Staff
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