Hello CT World, , I have a question for you. This app COINOSCOPE was mentioned on FB as a place to get a guesstimate on your coin. So I downloaded the app and it seems fairly easy to use and it gives you a guesstimate value and shows similar coins and what they sold for.. my question is would you use this app to get an accurate value or what I call a "guesstimate" ?.. I see alot of people asking "how much do you think my coin is worth " and most answers are "check ebay" .again is this a platform for those who are just looking for a price value good to try? Would you use it? Thanks for taking the time to respond
Checking ebay for current rate or price points that are selling...sold listings. Now I understand that you have heard this already, however on modern coinage, varieties, the price maybe over inflated do to demand. Then again softened at the point of saturation in the market place. Then there's the bid idiot syndrome where at any cost run up an artificial price point. Lastly... asking and getting.....esspecially in an economy with inflation. But yes do an advance ebay search... its a small check box next to search window. And fill out all the items you can answer...and see the finished listings..and take an average. As any printed text...on a modern specimen are most probably out of date before printing. Good Luck
When trying to determine a fair selling price, I usually use two sources: (1) past Ebay listings, and (2) the Krause World Coin catalog.
@QuintuplesSovereign, I too use both as well . I figured that, I seen something new on FB and thought could it help or not and want to get others opinions on it.. CT seems to give the best Advise and help Thanks for the response
Pretty much forget about greysheet, it costs over $300 a year to have access to it for any information that isnt already readily available elsewhere. as mentioned eBay sold listings is going to be your best source for low value coin prices especially raw coins. There's also https://www.pcgs.com/auctionprices for graded coins The best source will depend somewhat on what you're looking for but there's more than enough info out there to not be paying hundreds of dollars a year for a price guide
The ebay advanced records generally are very useful, as they are an accurate record of multiple sales. From my experience, although C.D.N. has improved, generally it's believed to be a quite inaccurate wish list for Sellers. I'm a Cac collector who purchases virtually every week, and like you, use both. I constantly check internet sales throughout for raw, certified, and Caced availability and sales. The problem with my system is the U.S. generally Gold coins are seemingly no longer being sold. In the last few weeks available of "desirable" coins have probably dropped ~50%, and Sellers have generally increased prices. JMHO
My 2 main sources as well, BUT I always add in a BIN search as well.. surprisingly more then once I've found bin examples well below list/current auction prices
The ebay advanced records generally are very useful, as they are an accurate record of multiple sales. From my experience, although C.D.N. has improved, generally it's believed to be a quite inaccurate wish list for Sellers. I'm a Cac collector who purchases virtually every week, and like you, use both. I constantly check internet sales throughout for raw, certified, Caced availability and sales. The problem with my system is the U.S. generally Gold coins are seemingly no longer being sold. In the last few weeks available of "desirable" coins have probably dropped ~50%, and Sellers have generally increased prices. I'm finding that intelligent sellers often list their coins for an indefinite period on ebay at an elevated value. When eventually offered a reasonable price, or even their eBay price before taxes, etc. off-line, often are amenable. JMHO