Price Guides Lagging Behind Due To Lack Of Coin Shows?

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Author	Replies: 5 / Views: 880
txgolfer56 Valued Member United States 475 Posts	Posted 09/04/2020 5:45 pm Looking at results from auctions and ebay, it seems like the pricing guides are showing lower prices than being realized in auctions and on ebay. Is this due to COVID and the lack of coin show activity? I realize quality coins will often go for higher than price guides. It just seems like prices have increased and the price guides haven't caught up yet. Report this Post to the Staff

PNWType Pillar of the Community United States 561 Posts	Posted 09/04/2020 6:04 pm If I had to speculate, I would agree that it's the lack of coin shows. When everyone is stuck inside, when choice coins show up on ebay it can feel like the only time they'll have a crack at a coin like that for a while. I think that definitely drives up values as people are more willing to pay more since they can't find it elsewhere. Report this Post to the Staff
just carl Bedrock of the Community United States 20753 Posts	Posted 09/04/2020 6:11 pm It is not just coin shows, remember lots of coin stores, hobby stores and even lots of on line dealers are just not into coins right now. Report this Post to the Staff
silverwolf Pillar of the Community Canada 3733 Posts	Posted 09/04/2020 6:12 pm seeing a lot of entry level silver coins selling higher, just due to the increase in the price of silver. Report this Post to the Staff
GrapeCollects Pillar of the Community United States 8938 Posts	Posted 09/04/2020 6:12 pm Here's something else. From what I've noticed working at my LCS is prices are kinda unstable. Due to the lockdowns more people are either rediscovering their interest in collecting, or getting into it for the first time. Due to the increase in interest and more interested buyers, demand goes up. On the other hand because of the lockdowns some people are downsizing their collections so supply goes up. Also, due to the lockdowns generally people have less "free" money to spend on coins which in some sub-markets are suppressing markets, while by contrast the high tier market seems to be thriving as high tier collectors seem to be taking advantage of the influx of high quality items to buy up what they can. Also due to the increase in metals prices across the board coins which have their value either completely or a large percentage derived from spot price have trended upwards in recent months. So the answer is a bit odd. Coins that are effectively bullion have gone up. Top pop coins have gone up. Scarcities have stayed the same, and common man's coins are unstable. Report this Post to the Staff
tdziemia Pillar of the Community United States 7935 Posts	Posted 09/04/2020 9:05 pm Excellent analysis by @grape. Silver is up 50% in just 6 weeks. I think this tells more than half of the story. Report this Post to the Staff
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