Should Trend Values On Canadian Coins Increase Or Decrease? - Page 2

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tfred Pillar of the Community Canada 627 Posts	Posted 07/12/2011 1:08 pm Another factor in determining price , besides finding a determined buyer and a determined seller, is a "reasonable period of time". ebay only offers a seven day window(typically), which is a relatively short period of time. Most of us here on the forum are quite familiar with the Internet and ebay procedures, but I'm sure that there is a huge number of collectors who don't have the time to scour ebay looking for deals. Alot of collectors probably don't even know how to turn on a computer. (No offence intended, but there are alot of older collectors who prefer to do things "the old fashioned way") So in summary... a price is determined between a determined buyer and a determined seller given a reasonable period of time. And my opinion is that 7 days is not a reasonable period of time. Keep trends going the way it is. Report this Post to the Staff
bibd Pillar of the Community Canada 838 Posts	Posted 07/12/2011 4:33 pm Quote: reasonable period of time I agree. On the low end, E-Bay's 7 days is indeed too short. But on the high end, if retail sales at full trends require 2 years to find a sucker, this is no more "reasonable" in my opinion. So while you're bang-on with the inclusion of the phrase "reasonable period of time", I nonetheless feel that trends is overpriced. How is it possible that such a discrete and volitile market can be perfectly captured on nearly static newsprint, tinkered with every couple weeks in someone's office? I'm afraid the cart is pulling the horse, instead of the other way around. Report this Post to the Staff
nickelsguy Pillar of the Community Canada 2301 Posts	Posted 07/12/2011 4:39 pm With trends...with out trends...or Charletons...or any other speculative price guide...they are just that...a guide....if you think I will sell my 47CR 50 cents for anything less than 150% of Trends.ummmm nope...but my 48 in MS 65 I would take 100% but my 53 LG date I would only expect 90% or so in MS 65. Discussing in generallities(sp?) is like talking apples and oranges. Common stuff yup Trends too high......Better dates...about right.....Truely Rare coins and Varieties...way too low..... IMO. :-) Report this Post to the Staff
bibd Pillar of the Community Canada 838 Posts	Posted 07/12/2011 4:45 pm Quote: Truely Rare coins and Varieties...way too low..... IMO. This is probably true. I do enjoy reading recent sales data, such as for the 1936-dot cent. That kind of sales reporting can be done by trends too, even for much less rare coins than the 36-dot. Report this Post to the Staff
MrCanada Pillar of the Community Canada 650 Posts	Posted 07/19/2011 01:31 am I think Trends tends to be sort of a paradox as does Charlton.When you set a price and your publication is accepted as reliable most of us would be looking for paying something less than the accepted 'value' as published.Therfore trends becomes more of the high water mark and the next thought would be how to keep it climbing for all our sakes. Report this Post to the Staff
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