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 Replies: 8 / Views: 2,227 |
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Valued Member
United States
467 Posts |
Hi everyone, I'm looking for opinions on the best guide to use for pricing, CCN Trends or coinsandcanada.com. I know that there have been threads about Trends in the past but am hoping for a fresh perspective.
I've been using coinsandcanada.com for pricing myself, having let my subscription to CCN lapse a number of years ago. I've discovered that pricing between the two guides can vary substantially and I am wondering if I am in need of subscribing to CCN once again.
Anyone care to weigh in on this? Ultimately I know that a coin is only worth what someone is willing to pay. Thanks in advance for your opinions.
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Pillar of the Community
Canada
581 Posts |
Mike Findlay has once again taken up the visage of CCN trends. I am not decided whether this is for the betterment of the coin collecting community due to the heavy hits that are incoming. I do not believe a dealer should be the one writing the trends of what his coins are worth in my personal opinion. I personally go by past auctions and past ebay sales as well. That way there is a reference point to fall back on |
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Pillar of the Community
Canada
3049 Posts |
go to coins and canada... look at what they have listed... then on the same page they have a link to the last ebay items that have sold... it's a no brainer for me C&C all day! |
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Valued Member
Canada
288 Posts |
Check out auction prices realized on ebay, iCollector, Heritage, etc. Compare that to Coins and Canada and CCN Trends. That's the best way to get a well-rounded idea of what things are selling for vs what the price guides are saying. |
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Pillar of the Community
 Canada
5584 Posts |
You can't use anything for "pricing" except what coins have actually SOLD for, and then, comparing multiple "sold" prices. You can usually buy anything but scarcities from dealers for 60-70% of Trends and sell them to them for 40-50%. I find the prices on CaC for scarcer varieties (or new discoveries) top be further out of whack than Trends. Use should use any reference as just one of the many inputs that you need to use and average. NEVER go by "asking" prices on ebay and remember that you can't sell a coin to a book .. you need someone with a wallet. |
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Pillar of the Community
Canada
1051 Posts |
There's no more pure barometric than a compilation of finished ebay and major numismatic auction results. The C&C ebay prices in conjunction with the archives at Heritage Auctions paint a pretty clear picture. Trends is more of a "sell at 90% of, buy at 30-40% of" reference for dealers. |
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Pillar of the Community
Canada
2781 Posts |
99% of the time I use ebay "sold for" as my reference point. |
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Pillar of the Community
Canada
3733 Posts |
problem is a lot of dealersa on ebay want 100%+, because of fees.. but I agree with the others, I use trends, charlton, and ebay sold prices. then I decide how much I am comfortable spending. if I can't get it for the price I want, I will wait.. |
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Pillar of the Community
Canada
1461 Posts |
I use a combination of Trends, CC pricing and CC actual sales numbers when listing coins. I find the slightly lower CC pricing is closer to reality when compared to trends and I do use it as a reference guide for specs for coins that I list. The problem with the CC actual sales numbers is that they average on a 2 year cycle which isn't really representative of the current market. The also only capture about 50% of the sales (as stated by them). Saying that, I noticed that they recently added a column of what they call "last 10 sales" so maybe the numbers are a bit more accurate. Both trends and CC are way out of wack on some coins though. Take an 1967 Dollar in MS65 for example (many other years as well). I'm not sure I agree with Bill on the sales %. I would say common dates are in the 45%-60% range at retail. 25%-35% dealer buy. Key years, some varieties and some Victoria obviously higher but no where near 100% unless spectacular.
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Replies: 8 / Views: 2,227 |
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Posted 04/05/2017 11:35 pm
