Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
The Effects of Rarity when Pricing US Cents and Half Cents
>
Reply to Thread
Message:
<p>[QUOTE="kanga, post: 26228672, member: 9270"]My interest area is collecting US cents and half cents by variety.</p><p>My problem is valuing different varieties, particularly when bidding in auctions.</p><p><br /></p><p>To identify half cent varieties I use Ed Fuhrman's three volume set plus Ronald Manley's book on half cent die states.</p><p>To identify one cent varieties I use William Noyes' six volume set, John Wright's book, John Grellman's book, and Thomas Walker's two volume set.</p><p><br /></p><p>Once I identify a coin by Variety (if I can), then I can attach the Rarity factor to the coin as stated in the resources mentioned above.</p><p>Next I do my best to grade the coin (coins slabbed by the top TPGs helps a LOT there).</p><p><br /></p><p>Now comes the valuing step.</p><p><br /></p><p>Fuhrman indicates that coins with R1 and R2 rarities are pretty much the same in value.</p><p>Rarity R3 might nudge the value up a bit, and after that the rarity becomes more significant.</p><p><br /></p><p>NOW COMES THE TOUGH PART</p><p>How to actually price a coin.</p><p><br /></p><p>Right now I use the GREYSHEET.</p><p>The have a nice spread of prices in steps from grades of AG-3 through MS-65.</p><p>Based on my current experiences that seems to work out reasonably well.</p><p>If I'm looking at a coin graded XF-45, and the Greysheet has values for grades XF-40 and AU-50, I'll go with the average of those two prices and then add 10 percent (or so) for S&H.</p><p><br /></p><p>Unfortunately the Greysheet generally doesn't include prices for each specific variety.</p><p><br /></p><p>EXAMPLE:</p><p>1804 half cents have 13 different varieties but only shows 5 values.</p><p>They group some that broadly the same but give only one value.</p><p>One group is the "Spiked Chin" for which there are 4 distinct varieties.</p><p>And the Rarity values for that group range from R1 to R4.</p><p>It's up to the buyer to come up with their own price.</p><p><br /></p><p>MY QUESTION:</p><p>Is there a source that gives a more complete breakdown of pricing relative to grade and particularly variety?[/QUOTE]</p><p><br /></p>
[QUOTE="kanga, post: 26228672, member: 9270"]My interest area is collecting US cents and half cents by variety. My problem is valuing different varieties, particularly when bidding in auctions. To identify half cent varieties I use Ed Fuhrman's three volume set plus Ronald Manley's book on half cent die states. To identify one cent varieties I use William Noyes' six volume set, John Wright's book, John Grellman's book, and Thomas Walker's two volume set. Once I identify a coin by Variety (if I can), then I can attach the Rarity factor to the coin as stated in the resources mentioned above. Next I do my best to grade the coin (coins slabbed by the top TPGs helps a LOT there). Now comes the valuing step. Fuhrman indicates that coins with R1 and R2 rarities are pretty much the same in value. Rarity R3 might nudge the value up a bit, and after that the rarity becomes more significant. NOW COMES THE TOUGH PART How to actually price a coin. Right now I use the GREYSHEET. The have a nice spread of prices in steps from grades of AG-3 through MS-65. Based on my current experiences that seems to work out reasonably well. If I'm looking at a coin graded XF-45, and the Greysheet has values for grades XF-40 and AU-50, I'll go with the average of those two prices and then add 10 percent (or so) for S&H. Unfortunately the Greysheet generally doesn't include prices for each specific variety. EXAMPLE: 1804 half cents have 13 different varieties but only shows 5 values. They group some that broadly the same but give only one value. One group is the "Spiked Chin" for which there are 4 distinct varieties. And the Rarity values for that group range from R1 to R4. It's up to the buyer to come up with their own price. MY QUESTION: Is there a source that gives a more complete breakdown of pricing relative to grade and particularly variety?[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
The Effects of Rarity when Pricing US Cents and Half Cents
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...