I need to get a "general" idea of what some world coins would price at (assume I know condition, etc). What guide is usually used for buyers (similar to greysheet for US coins?) and the % at which a dealer would buy? Thanks for your help.
There really isn't any guide for world coins like CDN. But we can probably help you if you give us more info. What kind of coins are you talking about - modern stuff, medieval, colonial period ?
Like Doug said its hard to help with little info. Generically I could say that Krause is a place to start, though these are more often than not either under or overvalued versus the market. Then each country gets hot or cold, it used to be you could buy Great Britain at half Krause listed prices, now frequently they are double Krause. Please narrow your question down some, and I am sure we could help. I love it how so many collectors see the coin universe as US, "world", and "ancient", and think what works in a tiny little segment of the market, (US coins), can possibly work for the others. No offense to the OP, I see it all of the time. "World" and "ancient" categories are each at least 10,000 times larger than "US" is.
Specificly 19th century, German, Italian & Brazil. If I would use Krause, isn't that more retail than wholesale?
The bad part is that Krause is retail, and not very up to date frequently. The good news is that many people do use it as their source of pricing, so you should take notes on what issues are worth more or less than Krause and use this knowledge to your advantage. Most advanced collectors do this, since knowledge is power especially in collectibles. Wholesale, even if the retail in Krause were accurate, would vary based upon the dealers clients and how long he has had an item. A dealer may pay 40-50% Krause as a guess. If he wanted to sell old stock maybe he would sell at 80% Krause. What I am saying, though, is Krause may be low for that coin, so buying at Krause price is actually a bargain, whereas other issues buying at 50% of Krause is not so great a deal. Krause is not perfect, but its a start. If you are serious about these coins, I HIGHLY recommend getting other references for them. Money spent on a good coin book will repay you endlessly, both monetarily and heightened enjoyment of your collection.
Thanks. I am just looking a a few (about 10) coins to sell from the accumulation that I obtained and want to make sure that I don't get ripped off trying to sell. If 40-50% of Krause is "average", that is a good start.
There is no average in Krause. Some are over-priced and some are underpriced. If you've only got 10 or so coins just tell us what they are and the grade and we can tell you what they are roughly worth.
OK: The first three are the thalers I have posted before: (1859 Hesse-Kassel, 1818 & 1861 Prussian) Then we have a Brazillian 2000 RIES - 1888 about VF 5 Lira Italy 1869 about F or VG 1925 1 Lat EF 1901 Swiss 10 Rappen VG-G That is all for now. I am looking as per what a dealer would offer. If your response is melt, please say so. Thanks for your help
