Price guides have gotten silly.

Discussion in 'World Coins' started by Detecto92, Aug 19, 2013.

  1. Detecto92

    Detecto92 Well-Known Member

    I got this coin today in the mail. It's an 1882-H farthing.

    This coin grades at XF. Maybe even Au. (What do you grade it?)

    Checking the NGC price guide....$70!!

    In VF, $12.

    I paid $7.50 with postage.

    That's what others in this grade bring.

    So if they (NGC) jack the prices up, I wonder if that will make the prices go up on the market?

    Anyway, heres the coin.
    DSCN7884-horz.jpg
     
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  3. scottishmoney

    scottishmoney Buh bye

    I think you are paying more realistic prices - price guides need to be taken with a grain of salt. Conversely I can opin that I have several coins and banknotes worth multiples of the price guides - the proof is what they actually sell for.
     
    PaddyB likes this.
  4. Kasia

    Kasia Got my learning hat on

    I like the coin.
     
  5. dsmith23

    dsmith23 Gotta get 'em all

    Wow this is the first I've heard a price guide was wrong. Please tell me more.
     
    beef1020, medoraman and Hiddendragon like this.
  6. STACKERDENNIS

    STACKERDENNIS Keep Stacking!

    Yes I agree market value can be way different then book value!!
     
  7. non_cents

    non_cents Well-Known Member

    To find out what you should REALLY expect for a coin sale, just check sold listings on ebay. Those are ACTUAL PRICES people have paid for your coin, they are not a "guide", they are raw data.

    As to the grade of your coin, I'm no good at grading coins (especially foreign) but it has way too much wear for an AU. I'd say VF35-XF-45.
     
    STACKERDENNIS likes this.
  8. Ripley

    Ripley Senior Member

    XF-45 nice one.
     
    STACKERDENNIS likes this.
  9. Nevadabell

    Nevadabell A picture of me.

    I agree too. Especially on those Peruvian llama coins, they usually sell for 30x-50x the catalog values. I see some for 5 or 10 cents selling on ebay for $4 each!
     
  10. STACKERDENNIS

    STACKERDENNIS Keep Stacking!



    nice profit ;)
     
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