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Replies: 15 / Views: 3,380 |
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New Member
Canada
2 Posts |
I purchsed the charlton standard catalogue canadian coin guide and understand how gradings work but how to I determine the value of that specific coin. What do the 20. 30. 100. 200. ext. numbers mean? any help would be appreciated.
*** Moved by Staff to a more appropriate forum. ***
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Moderator
 United States
14463 Posts |
I moved your post to the appropriate section for the proper attention.  
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New Member
 Canada
2 Posts |
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Valued Member
United States
411 Posts |
I would venture that the numbers are a grade for the coin, but first off all coin guides are put together from 30 days to 50 days ago. I buy guides for the articles, never look at the guide. I use ebay and the internet for my coin guide.But there again they are not accurate.
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New Member
 Canada
2 Posts |
thanks cuzzx. I know their is grading in the book but also these decimal numbers amd every coin store I have been to it is that number their using to get their dollor value.
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Moderator
 United States
188213 Posts |
 to the Community!
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Bedrock of the Community
United States
17884 Posts |
Can you post a picture of a page? I don't have a recent Charlton to look at, but an image might help us figure out what they are supposed to mean.
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Moderator
 United States
23522 Posts |
I hate to be shuffling you around here, but I believe this is the place where your thread will be read by people who know the answer off the tops of their heads. 
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Bedrock of the Community
Canada
21605 Posts |
Those numbers are the Charlton value in Canadian Dollars for a certified coin. These are usually higher than the actual value of the coin. I usually go by the ebay average value for a more accurate guide.
Edited by JimmyD 09/25/2017 3:14 pm
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Pillar of the Community
 Canada
5588 Posts |
I understand the 30 & 20, but not the 100 and 200. I don't know what you are referring to. VF-20 is a very fine grade (there is also a 30 in that "VF"range). 40 starts the Extra or extremely fine range and 50 starts the Au (almost uncirculated) grades until you get to 60 (uncirc). They are all measures of 'wear" on the coin in the 1-70 Sheldon scale for grading coins.
If you are referring to the numbers in the columns to the right of the grade, that is the full retail value of the coin for that grade and in Canadian dollars. You can usually always actually "buy" the coin for 60-70% of what's listed and sell it to a dealer for 40-60% of that posted figure in the book. The higher up in grade and for scarce coins, you may more or less than what's posted in the book. If you go to a coin store and he's asking for the price listed in Charlton and will not come down, then look for the nearest exit to the door.
Edited by okiecoiner 09/26/2017 04:32 am
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Pillar of the Community
Canada
1571 Posts |
I think the OP is referring to the number reflecting the amount one should expect to pay for the coin listed. The guide usually list the price for NCLT between PR-65 to PR-68 or so.
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Pillar of the Community
Canada
2187 Posts |
Yes I believe those would be the "prices" of the coins, typically. But the guides are usually not near what people will pay (except for a few coins here and there). Like others posted, you should be able to buy them for about 50-60% of what the book says.
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New Member
Canada
34 Posts |
Imho If you want a what people will pay for something go to ebay sold listings. Imho Coins And Canada is a very good reference...
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Pillar of the Community
Canada
586 Posts |
These reference books are such a money grab. Everyone seems to think its a must to have one. But rarely do any of the values seemed to be met when being sold. I remember when I started and I visited a LCS, he instantly said you'll need one of these and showed me a reference coin value book.
When I went back to sell some items and referenced the book's price that he sold me, he said I don't pay those prices, I can only give you 20%-30% of the listed price and actually didn't even want to look at any coin over 1940's.
I agree with the advice that you are better served on value, if you become more web savvy and frequent various sites that sell monetary items frequently.
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Pillar of the Community
Canada
514 Posts |
I like the books.
Personally I have found that the values don't change rapidly enough to warrant buying them every year - or even every other third year...
But it is nice to update every now and then to get the newer stuff in your book.
I actually passed off one of my more recent charlton books then after passing it along to a new owner, realized it had a unique section that I would have liked to keep; It seems that every year they make a different section giving more details on select coins to entice you into buying the guide every year.
I'm not certain your question has been answered, but I am guessing it has; you might notice that with most modern coins the values are only listed for MS coins - but occasionally you will have a subset of coins where one of the coins in the series has a real premium - warranting extra columns.
Also, one thing that I like is that they have been giving the mintage with every coin - that is until of late where the mint hasn't exactly disclosed to actual mintage of all coins...
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Pillar of the Community
Canada
1505 Posts |
I would not purchase a copy of charlton's for the price guide, but it is a great reference. I often use it multiple times a week, and look a the pictures of varieties. That is where I get my value. Fully agree on eBay/coinsandcanada for prices.
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Replies: 15 / Views: 3,380 |
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