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Replies: 10 / Views: 1,469 |
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Valued Member
United States
271 Posts |
Greetings. I am familiar with NGC's World Coin guide and CoinandCanada. Any thoughts on how reliable or helpful these guides are when valuing a coin? Is there any better real time resource? A Greysheet for Canada, perhaps?
Thanks for any help.
Stay well, Diy89Nurm7
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Moderator
 United States
56855 Posts |
Check ebay sold values. John1 
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Pillar of the Community
 Canada
5584 Posts |
Yes, ebay "sold" prices are very relevant. Canadian "Trends" is about 40-50% high, except for upper grades and the same goes for the CaC guides and Carlton or Haxby.
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Pillar of the Community
Canada
3733 Posts |
i would disagree with Canadian coin news, being 40-50% too high,, at best they are a starting point to negotiate ..
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Pillar of the Community
 Canada
5584 Posts |
At almost any major coin show in the T.O. area, you can buy coins from dealers at 70% of Trends if you are acquainted with the dealer. A $75 coin can be easily purchased for $50 ... that makes Trends 50% too high.
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Valued Member
 United States
271 Posts |
Thanks for the advice. What is "Trends" and how do I access it?
Stay well, Diy89Nurm7
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Pillar of the Community
Canada
6244 Posts |
Trends by meaning is " where the market is and go for ". the trend is almost daily fluctuation. An grey sheet for example give you prices which was realized, from different sources. Then you have dealer prices, catalog prices and wholesale prices. It is ambiguate at the first look.
Dealer price is what he sell, wholesale is what a dealer will pay, catalog price is marketing tool for a speculative market.
Example: If you decide to sell on e-bay you must analyze the prices there and not compare with Heritage or Sotheby's for example. Your prices must reflect the market you want to touch.
Hope at your convenient.
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Pillar of the Community
 Canada
9862 Posts |
"Trends" with a capital T is a price list for Canadian coins published biweekly by CCN. Diy89nurm7 you can access Trends in Canadian Coin News.
"Dipping" is not considered cleaning... -from PCGS website
Edited by DBM 03/30/2021 12:06 am
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Pillar of the Community
 Canada
5584 Posts |
As DBM has stated, "Trends" is an insert into the bi-weekly (or used to be as it could be monthly now) Canadian Coin News. You can get the hard copy at most major book stores, you can order it, or you can get it electronically. It is usually 6-8 pages of supposed retail prices for all coinage that has circulated in Canada, including the Maritimes, from 1858 on, with grades from G-6 or VG-8 to MS 64. Each issue will have a new section in the back that may include, gold, proofs, super-modern stuff, etc.
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Pillar of the Community
Canada
1505 Posts |
Okie, your price analysis depends on what you take as your base price. and then it applies to only roughly 80% of the coins listed there. some you simply can not buy for less than trends.. and even have to pay more. but, we assume at that level you would know all about that and are past the start-up collectors knowledge.
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Pillar of the Community
Canada
6244 Posts |
@DiyNurm7, you have very nice answers from every one. To come back to your original post is:
NGC and PCGS prices reflect the prices realized for theirs certificate coins. Coins Canada is in fact, not sure 100% their dealer prices, they sell also. what is nice with them is they put also the trend (green flash up and red flash down), which mean up=demand higher then supply and red demand less then the supply. Voila (this is) the trend.
In investing the formula of trend is: "demand divide by supply". Simple. Coins, banknotes, stamp and other collectable are not stock-market to have daily trend. We must be happy to have at every 2 weeks or every month.
Try to look at the average prices by market. Grey sheet and e-bay and small auction houses is for mass customers. High auction houses is for selective customers and sellers. Many from this community reach the both roads of the business.
Choice and good look. Be confident in yourself.
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Replies: 10 / Views: 1,469 |
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