Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
Using an Algorithm
>
Reply to Thread
Message:
<p>[QUOTE="Numis-addict, post: 1845839, member: 35784"]I agree that this is a massive undertaking. My recommendation would be to take one series of coins, select about 10 dates and mint marks for it, and closely study past sales on the Ebay and Heritage sites, along with current ones as they come in. Then, attempt to create a formula that will work for these ten coins. If you can do that, then you could expand to a whole series, or attempt to create a formula that will work for a handful of coins from a couple of series. One important variable that you left out is hype. If a coin is being sold on HSN, how will you account for the hype applied to it? Or will your equation only be designed only for auction sales? Either way, the chance of you being able to accurately produce a formula for even a single series of coins is rather low. Sheldon tried it, and that didn't work out too well for him. That said, good luck. It would be amazing to see such a system developed.[/QUOTE]</p><p><br /></p>
[QUOTE="Numis-addict, post: 1845839, member: 35784"]I agree that this is a massive undertaking. My recommendation would be to take one series of coins, select about 10 dates and mint marks for it, and closely study past sales on the Ebay and Heritage sites, along with current ones as they come in. Then, attempt to create a formula that will work for these ten coins. If you can do that, then you could expand to a whole series, or attempt to create a formula that will work for a handful of coins from a couple of series. One important variable that you left out is hype. If a coin is being sold on HSN, how will you account for the hype applied to it? Or will your equation only be designed only for auction sales? Either way, the chance of you being able to accurately produce a formula for even a single series of coins is rather low. Sheldon tried it, and that didn't work out too well for him. That said, good luck. It would be amazing to see such a system developed.[/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
>
Coin Chat
>
Using an Algorithm
>
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...