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Numista.com Coin Values . Are They Usually Undervalued?

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Author Previous TopicReplies: 13 / Views: 866Next Topic  
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fplagge's Avatar
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633 Posts
 Posted 01/21/2025  11:47 am Show Profile   Bookmark this topic Add fplagge to your friends list Get a Link to this Message Number of Subscribers
I am currently trying to sell off my coins piecemeal and have been (mostly) charging the prices listed on Numista.com.

Can you knowledgeable members give me your opinions on how the Numista values compare to "real world" values.

Thank you in advance.

Fred
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Hondo Boguss's Avatar
United States
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 Posted 01/21/2025  11:50 am  Show Profile   Bookmark this reply Add Hondo Boguss to your friends list Get a Link to this Reply
I think that they're all over the place. Some seem too high, some seem too low, some are just right. And ignore the prices on the ebay listings that are shown - I'm not sure how those are selected. Your best general guide is ebay sold listings.
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jbuck's Avatar
United States
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 Posted 01/21/2025  11:52 am  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
I look at Numismedia, the PCGS price guide, and completed sales on ebay. This gives me a range to work in.
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Spence's Avatar
United States
33166 Posts
 Posted 01/21/2025  12:19 pm  Show Profile   Bookmark this reply Add Spence to your friends list Get a Link to this Reply
Thx for asking this question @fpl. I too have been starting to use the values in numista as a judge of some of my coins and am interested to see where this discussion nets out.
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Earle42's Avatar
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 Posted 01/21/2025  12:58 pm  Show Profile   Bookmark this reply Add Earle42 to your friends list Get a Link to this Reply
ebay SOLD auctions show what people are paying right now.
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CollegeBarbers's Avatar
United States
2179 Posts
 Posted 01/21/2025  1:51 pm  Show Profile   Bookmark this reply Add CollegeBarbers to your friends list Get a Link to this Reply
I use Numista to keep track of world coin values in my inventory - anything from outside the U.S. and Canada. Whether it's accurate I can't say, but it's convenient and accessible. Certainly a starting point.


Quote:
ebay SOLD auctions show what people are paying right now.

I hear this a lot on CCF, and while I don't dispute its accuracy, I find this is unworkable in practice. For starters, there are so many search parameters for a particular coin. An 1892 Barber dime might also be "1892 Liberty Head Dime," "1892 Liberty dime," "1892 dime," "1892 silver dime," etc., not to mention typos. That coin might be listed under the Barber dime category, or Dimes, or just Coins & Paper money, or not even have a category listed. Then if you're like me and you keep a want list, you'll have to make all those various searches for every single coin on your list. I have 43 Barber dimes on my want list alone, not to mention other series. Even if I only used two or three search parameters per coin, the time it would take adds up significantly.

Plus, are you going to calculate the average price of the last 5 sales? 10? 20? That's a lot more time doing math for each coin on your list. So to me, ebay sold listings, while accurate, are time consuming, unwieldy, and impractical. I use NumisMedia or Coin World Coin Values for U.S. coins, Coins and Canada for Canadian coins, and Numista for everything else.
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Spence's Avatar
United States
33166 Posts
 Posted 01/21/2025  2:18 pm  Show Profile   Bookmark this reply Add Spence to your friends list Get a Link to this Reply

Quote:
Coins and Canada for Canadian coins


That is a new price resource for me--thx for adding that to the conversation and helping me learn something today @coll.
"If you climb a good tree, you get a push."
-----Ghanaian proverb

"The danger we all now face is distinguishing between what is authentic and what is performed."
-----King Adz
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Russian Federation
5047 Posts
 Posted 01/21/2025  2:59 pm  Show Profile   Bookmark this reply Add january1may to your friends list Get a Link to this Reply
Numista values are aggregates of reported paid prices. They're probably a bit below the actual averages because 1) people tend to look for bargains [in particular, coins from multi-coin lots are probably overrepresented], and 2) a large fraction of the paid prices are several years old and the values don't account for inflation. (There are probably also some straight-up mistaken and/or mislabeled reports.)

Otherwise they're probably the most reasonable source for actual coin values, being (by intent) based on actual prices paid by actual people. And, yes, they're convenient and accessible, and for all their problems they're still a lot more accurate than NGC/Krause, which is the other convenient-and-accessible source.

I agree that ebay sold listings are probably a better approximation of current values, but I also agree that 1) they're tricky to search properly, 2) they don't really account for the kind of common world coins that are more likely to be found in a dealer's bargain bin (or in a "100 random world coins" bag) than in individual ebay listings.
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fplagge's Avatar
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 Posted 01/21/2025  6:13 pm  Show Profile   Bookmark this reply Add fplagge to your friends list Get a Link to this Reply
I just took a look at NumisMedia and checked out the values listed for the West Point Quarters (2019-2020)

Unless they were graded above MS60, they were all valued at under a dollar each.

Surely, this cannot be accurate.

Comments?
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Freespeech57's Avatar
United States
359 Posts
 Posted 01/21/2025  10:35 pm  Show Profile   Bookmark this reply Add Freespeech57 to your friends list Get a Link to this Reply
So many variables to consider. Is the coin raw ("I consider it MS63-choice"), slabbed by NGC, PCGS,CAC, or "second, third, fourth tier TPG, is it CAC stickered? Are you selling directly or through an auction house, LCS? All f these factors impact the value of a coin or its possible sale price.
I would suggest looking at Greysheet values ( considered wholesale prices, although currently fairly close to resale value for a lot of coins), CPG values (more of a retail approximation), ebay SOLD listings ( most recent sales for popular coins) and recent auction sales.
This is a good place to begin.
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JimmyD's Avatar
Canada
20348 Posts
 Posted 01/22/2025  08:10 am  Show Profile   Bookmark this reply Add JimmyD to your friends list Get a Link to this Reply
If you are using Coins and Canada as a price guide,
then don't forget those prices are in Canadian Dollars,
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CollegeBarbers's Avatar
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 Posted 01/22/2025  08:20 am  Show Profile   Bookmark this reply Add CollegeBarbers to your friends list Get a Link to this Reply

Quote:
That is a new price resource for me--thx for adding that to the conversation and helping me learn something today @coll.

You're welcome! I learned that on CCF, as well.

Quote:
If you are using Coins and Canada as a price guide,
then don't forget those prices are in Canadian Dollars,

There's an option to toggle to USD.

Quote:
I just took a look at NumisMedia and checked out the values listed for the West Point Quarters (2019-2020)

Unless they were graded above MS60, they were all valued at under a dollar each.

Surely, this cannot be accurate.

That is interesting. I've found that NumisMedia's prices for modern coins are usually overvalued. That's why I use both NumisMedia and Coin World's Coin Values for U.S. coins. Typically NumisMedia has higher values for modern coins and lower values for classic coins compared to Coin Values.
Edited by CollegeBarbers
01/22/2025 08:21 am
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Spence's Avatar
United States
33166 Posts
 Posted 01/22/2025  08:38 am  Show Profile   Bookmark this reply Add Spence to your friends list Get a Link to this Reply

Quote:
There's an option to toggle to USD.


Yes great point. I stupidly didn't realize that the default was CAD and was gleefully looking at some nice appreciations in value. However, after converting to USD, I find that my Canadian coins purchased 10-20 largely have dropped a bit or maintained their value, but very few have gone up in price.
"If you climb a good tree, you get a push."
-----Ghanaian proverb

"The danger we all now face is distinguishing between what is authentic and what is performed."
-----King Adz
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jbuck's Avatar
United States
164495 Posts
 Posted 01/22/2025  09:36 am  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
Unless they were graded above MS60, they were all valued at under a dollar each. Surely, this cannot be accurate.
It tells me that there there are enough in the market graded above MS60 to satisfy demand, so no one is willing to pay the premium for the lesser grades.
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