Price For Coins - Coin Community Forum

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Author	Replies: 3 / Views: 1,007
thetexan New Member United States 5 Posts	Posted 11/27/2006 12:48 am Is there a rule of thumb regarding price paid for coins on ebay? Here is what I have been using. I take 50% of the lowest of the PCGS or magazine value of a coin subtract shipping and pay no more than that price. I only do this on PCGS coins. For example is PCGS says a coin is worth $150 in MS66 condition and Coin Value magazine says $100 then I take 50% of 100 or $50, subtract the shipping, say $5 and not pay more than that, $45. This is in lieu of any better rule. Is there a way to find wholesale prices on the Internet? Thanks, Tex Report this Post to the Staff

Bryan1315 Bedrock of the Community United States 14454 Posts	Posted 11/27/2006 01:12 am well if you are able to buy coins that CV says is worth $100.00 for $45.00 then I say your way seems to be working pretty good for you Edited: I was thinking CDN not CV sorry, I still don't think you are doing to badly with your method Edited by Bryan1315 11/27/2006 01:13 am Report this Post to the Staff
thetexan New Member United States 5 Posts	Posted 11/27/2006 01:20 am quote: Originally posted by Bryan1315 well if you are able to buy coins that CV says is worth $100.00 for $45.00 then I say your way seems to be working pretty good for you Edited: I was thinking CDN not CV sorry, I still don't think you are doing to badly with your method Actually I used Coin Value Magazine in my example. What Id like to know is there a reliable wholesale pricing guide on the internet? CDN doesn't cover all coins each publication and If I want to look up Lincoln cents now, where can I go? Tex Report this Post to the Staff
bitters Valued Member United States 62 Posts	Posted 11/27/2006 09:52 am If the coins are for your collection, blue-light specials are a sure path to a dumpy looking set of coins. If they're for resale, then that's another matter. To see what coins are really selling for, any pricing guide isn't going to be as accurate as actual auction closing prices. In fact, the two sources you mentioned are both horrible. You could check out closed ebay auctions. Also, the auction archives at Heritage are extremely useful (look on the left side of the page): http://coins.heritageauctions.com/ good luck! Report this Post to the Staff
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