Since I have recently gotten back into my old hobby of coins, I am FULL of questions! Hope you all don't mind too much. Of course when I was collecting back in High School something like the internet was unthought of. Heck, we didn't even have air conditioning! So, with this wonderful tool, what is the most accurate internet site for valueing coins? I subscribe to the grey sheet, but what other sites are respected for their accuracy and dependability? Thanks!
Price Guides: http://www.pcgs.com/prices/ http://www.numismedia.com/fmv/fmv.shtml Error Price Guides: http://www.minterrornews.com/priceguide.html That's just a copy of PCGS price guide.
I use three pricing guides: 1. The greysheet 2. Coin Values from Coin World (comes with a subscription) 3. EBay results How much I pay depends upon how much I want the item. I try for 10-20% over CDN Bid if I'm not worried about finding another. Full Coin Values if I REALLY want it or if it's tough to find. And eBay results keep me for going stupid and overbidding.
All of the above will tell you the current approximate price you can expect to pay for coins because that's what others are paying because they also looked at the same sources you are using. It's a hall of mirrors. None will necessarily tell you the value. I tend to start with current prices, then look at historical price trends for the coin I'm interested in compared to other coins. This helps sometimes to avoid overpaying for something because current prices are out of line, and occasionally identifies a bargain in a coin that has lagged behind. Things that were once popular tend to become popular again. Things that were unpopular tend to stay that way.
Depends really. I use Coin Values sometimes, but that is basically the prices they say you should expect to pay at a dealers. It really depends on the coin though. Watch online coin shops and auctions to see what the coins are going for, that should give you atleast a ballpark figure. But also remember, Coin Price Guides are just that, guides, the value of a coin should be what you are willing to pay for it. :thumb: Whether higher or lower than bid or ask. :thumb: Phoenix
There is no such thing as an accurate price guide. Yes the Grey Sheet is as close as you can get to one - forget all the other even exist. If you want accurate prices, then check realized auction prices.
Thanks for the input. I do watch the completed sales on ebay. Sometimes I watch the 39 D Walking Liberty Half as I have quite a few of them in excellent to MS condition. I just can't figure out how one coin will sell at such a great price and another that seems pretty equal to me will be half the price...or less! There doesn't seem to be any consistency. I guess it all depends on who is looking to buy on any given day. Now take a look at this coin. I have five of these in similiar condition though not a PCGS MS 67. Probably a 66. I wish I could ask half what this place is asking for this one! You think they will get their asking price? Category::Nickels 1938-D Jefferson PCGS MS67FS Outrageuos color! Gorgeous toning pattern that features pink, sky blue, lemon yellow, lilac and apricot in rainbow configuation. The luster qualities are indeed excellent as well contributing to the overall outstanding eye-appeal. Impeccably preserved. Price: $2,000.00
I am learning so much from you all! I didn't even know what the FS stood for until now. 67 FS = full steps...right?
