I'm trying to place an average retail (replacement) price on my U.S. coins for insurance purposes. Am trying to decide between www.bestcoin.com and www.numismedia.com. Very few of my coins are slabbed, so PCGS and NGC are out. I don't have the time or patience to search eBay. Doesn't have to have be 100% accurate, but would like to be close. Numismedia seems to be 10-25% less than Bestcoin. What do you think? Any place easier or better?(and free!) Thanks in advance for your replies.
Here's something else for you to consider/use: NGC Launches New Coin Price Guide: NGC Coin Price Guide Also, PCGS' Auction Prices Realized takes pricing from all the different auction companies listed in one place. It was just announced that they now include eBay Completed Listings for PCGS and NGC coins.
Thanks Krispy. The NGC site says "The rare coin values shown in the NGC Coin Price Guide are independently compiled and edited by NumisMedia based on real, documented market transactions. NumisMedia is the industry's most accurate, impartial report of US coin values." So it seems to be the same as on the Numismedia site.
While online guides are great, I still consult magazines like "Coin Prices." Print periodicals obviously don't reflect momentary bullion price changes, but they should be suitable for placing values on numismatic items.
Yes, that's right. It's just a newer feature to the NGC site. I personally like the format on NGC better than the old Numismedia layout.
Remember, the best guide to current values is auction results. Problem is, searching auction results is a labor intensive operation.
You might consider looking on Heritage's auction archives. Teletrade (and eBay) too. All of these are free. Coinfacts is also quite nice, but there is a monthly fee. It includes auction appearances.
I would take the prices from Numismedia and be done with it. A collector might look at the prices they typically pay and choose a guide that is closest to those kind of prices.