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Value Guide?

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Valued Member

United States
72 Posts
 Posted 09/19/2010  4:57 pm Show Profile   Bookmark this topic Add dzrick to your friends list Get a Link to this Message Number of Subscribers
How often is this updated and is it a good source to put a value on my coins?

http://www.numismedia.com/fmv/fmv.shtml
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Tim Stroud's Avatar
United States
2661 Posts
 Posted 09/19/2010  6:00 pm  Show Profile   Bookmark this reply Add Tim Stroud to your friends list Get a Link to this Reply
It is updated almost daily and I use it for pricing estimates all the time.
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albumcollector's Avatar
United States
285 Posts
 Posted 09/19/2010  6:15 pm  Show Profile   Bookmark this reply Add albumcollector to your friends list Get a Link to this Reply
I use it a lot as well. It gives me a pretty good idea of what I should be expecting to pay for coins I need to fill my albums.
Valued Member
United States
72 Posts
 Posted 09/19/2010  7:05 pm  Show Profile   Bookmark this reply Add dzrick to your friends list Get a Link to this Reply
That is great, thanks guys!
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carmykle's Avatar
United States
2448 Posts
 Posted 09/19/2010  10:05 pm  Show Profile   Bookmark this reply Add carmykle to your friends list Get a Link to this Reply
Looking pretty close to the grey sheet.
Valued Member
United States
72 Posts
 Posted 09/19/2010  10:42 pm  Show Profile   Bookmark this reply Add dzrick to your friends list Get a Link to this Reply
Grey sheet? I've never heard of that, could you link me to it or explain? Thank you.
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cwb1877's Avatar
United States
1659 Posts
 Posted 09/19/2010  11:03 pm  Show Profile   Bookmark this reply Add cwb1877 to your friends list Get a Link to this Reply
dzrick,
"Greysheet" is a reference to the Coin Dealer Newsletter. It is nicknamed "greysheet" due to the color of the paper it is printed on. Here's a link to their website:

http://www.greysheet.com/
Valued Member
United States
72 Posts
 Posted 09/19/2010  11:46 pm  Show Profile   Bookmark this reply Add dzrick to your friends list Get a Link to this Reply
Thank you cwb.
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BH1964's Avatar
United States
10982 Posts
 Posted 09/20/2010  01:20 am  Show Profile   Check BH1964's eBay Listings Bookmark this reply Add BH1964 to your friends list Get a Link to this Reply
Numismedia is a great free guide for "Retail" pricing. Just don't expect to sell your coins for the prices listed because you usually won't get that much.
ANA #R3154474
Bedrock of the Community
United States
20753 Posts
 Posted 09/20/2010  09:27 am  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply
Always try to remember that as a rule, Numismedia, The Grey Sheet, the PCGS web site price guides, etc are all GUIDES. In almost all instances those are the highest prices coins should or could be worth. As already noted here do not expect to sell coins based on any of those stated prices unless your a dealer and even then, not an exact selling price either.
All such coin GUIDES are similar to a price on the window of a car at a used car lot. And sometimes just as funny.
Valued Member
United States
72 Posts
 Posted 09/20/2010  10:08 am  Show Profile   Bookmark this reply Add dzrick to your friends list Get a Link to this Reply
Thanks guys, I figured it would be similar to the old car guides.Those prices would only be for slabbed and graded coins anyway, correct? But still a bit high?
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jbuck's Avatar
United States
188440 Posts
 Posted 09/20/2010  3:36 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
Always try to remember that as a rule, Numismedia, The Grey Sheet, the PCGS web site price guides, etc are all GUIDES.
Exactly.

The actual price at any given time is a combination of how motivated the seller and buyer are.

One can easily value their collection well above retail if they wanted to. That is just an indication of how much they will take to part with their treasures. Of course, desperation can easily lower that value.
Bedrock of the Community
United States
20753 Posts
 Posted 09/21/2010  10:31 am  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply

Quote:
All such coin GUIDES are similar to a price on the window of a car at a used car lot. And sometimes just as funny.


And at least with a coin dealer you don't have to hear that famous statement, "I'll have to check with the manager to see if I can let you have that car for that price"
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jbuck's Avatar
United States
188440 Posts
 Posted 09/21/2010  10:38 am  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
And at least with a coin dealer you don't have to hear that famous statement...
One of the coin dealers I see at the local shows usually has his young son there helping out. He always has to check with dad before making any deals. However, I suspect that one day he will be ready to make those calls on his own.
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maudry's Avatar
Luxembourg
588 Posts
 Posted 09/21/2010  2:39 pm  Show Profile   Bookmark this reply Add maudry to your friends list Get a Link to this Reply
Thanks for the link
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wheatguy's Avatar
United States
1534 Posts
 Posted 09/21/2010  6:08 pm  Show Profile   Bookmark this reply Add wheatguy to your friends list Get a Link to this Reply

Quote:

Thanks guys, I figured it would be similar to the old car guides.Those prices would only be for slabbed and graded coins anyway, correct? But still a bit high?


No, they are actually meant for raw coins if I remember correctly. Numismedia is sometimes on the high side, the Greysheet is considered thw standard when it comes to price guides.
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