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Price Guides for US and World Coin
********eBay Auction Results for “Slabbed” US CoinsWritten by Doug West, Ph.D. This article is an analysis of 98 US professionally graded or “slabbed” coins that sold on eBay auctions during 2010 and the fist quarter of 2011. All of the coins were graded by one of the following professional coin grading services: ANACS, ICG, NGC, or PCGS. The auctions ran for 7 days and started at 99 cents and had no reserve price. The final price included postage and insurance costs. Table 1 shows the results of sorting the 98 auction sales by the grading service and the average fraction of the realized price in terms of Coin Dealer Newsletter (CDN) Bid prices. From the results in the table it is clear that PCGS graded coins sell for more than ANACS, ICG, or NGC. Table 1 – Total Group Sorted by Grading Service
Table 2 shows the results of sorting the 98 auction sales by the denomination and the average fraction of the realized price in terms of Coin Dealer Newsletter (CDN) Bid prices. The results in the table indicate that minor coins, that is, cents through quarters, which are professionally graded, sell for a higher percentage of CDN Bid than the other denomination groups. Half Dollars as a group faired the worst. Table 2 – Total Group Sorted by Denomination
Table 3 shows the results of sorting the 98 auction sales by the MS grade and the average fraction of the realized price in terms of Coin Dealer Newsletter (CDN) Bid prices. The results in the table indicate that coins grading MS60 to MS63 receive the highest auction price relative to CDN Bid. The high end grade of MS65 appears to give the poorest performance of the group. Table 3 – Total Group Sorted by Grade
Conclusions for eBay Auction Buyers In the authors experience all of the four grading services (ANACS, ICG, PCGS and NGC) typically do a good job of grading coins. I have seen exceptions to this rule by all four grading services. As a buyer, especially if you want to take the coins out of the holders, ANACS and ICG do offer the best bargains on graded US coins. PCGS graded coins are the most costly but on the flip side, they have the highest resale value. NGC graded coins are in the middle of the range between ANACS/ICG and PCGS. Conclusions for eBay Auction Sellers You can expect to get the highest percentage above CDN Bid for PCGS graded minor US coins in MS60 to MS63 condition and expect to get the lowest percentage of CDN bid for ANACS or ICG graded half dollars in MS65 condition. NGC is once again in the middle of the pack.
Guide of eBay Auction Prices Realized for
Presidential Dollars
By Doug West, Ph.D. www.investmentmetalsandcoins.com
February 2010
About This Price
Guide
This guide reports on the average eBay auction closing prices of President Dollars. All the auction results are from December of 2009 to February of 2010. The prices listed include the cost of shipping and handling. This is the total cost the buyer had to pay for the coins to be delivered to them. The dollar amounts in the “Price” column of all the tables are an average of three or more sales. All prices have been rounded to the nearest $0.25.
Presidential BU Dollar Rolls (without Certification)
There is not a significant difference between any of the prices for the 24 different BU Presidential Dollar rolls on eBay. The rolls contain $25.00 in face value. The average price per roll was $33.00. Some of the rolls have sold for as little as $29.50 and the maximum recorded was $40.00.
Certified Presidential Dollars
Table 1 lists the average auction prices for dollars that have been certified by one of the professional grading services. eBay only allows sellers to list PCGS, NGC, ICG, NCS, and ANACS graded coins as certified and use their numerical grade in the item description.
Table 1- Certified Proof Dollars
Original Proof Sets
Table 2 lists the results of eBay auctions for original four coin Presidential Proof sets in the government plastic and box.
Table 2 - Original Proof Sets
Error
The 2007 Washington Presidential Dollar “Smooth Edge” error is currently selling for an average of $54.00 in certified MS65 condition.
American Silver Eagle NGC MS69 eBay Auction Prices
Realized
By Doug West, Ph.D. www.investmentmetalsandcoins.com
December 2009
None of current Coin Price Guides list prices for the high grade certified American Silver Eagle Bullion coins. These coins are very popular and are bought and sold continuously over eBay and elsewhere. This price guide is to give current (as of December 2009) prices for NGC graded MS69 American Silver Eagle coins. Table 1 lists the average eBay auction price realized for NCG graded MS69 American Silver Eagle Coins. Figure 1 is a typical example of an American Silver Eagle graded by NGC in MS69 condition. The prices in the “Average Auction Price” column were taken from actual eBay auctions over the period of June to December of 2009. At least three auction results were used to form the average price. The average price has been rounded to the nearest dollar. During in the June to December 2009 period the price of
silver ranged from a low of $12.47 to a high of $19.18. The price of the high
grade American Silver Eagles is only loosely tied to the price of silver. The
demand for the professionally graded coins has been strong and as a result the
price of the coins isn’t as tightly correlated to the melt silver content as it
was a few years ago. Prices for PCGS, ANACS, and IGC grades coins are similar
to the NGC graded coins. PCGS graded coins carry a small premium (less than 5
percent) over the other three grading services. MS70 coins carry a substantial
premium over the MS69 coins. That is a topic for another price guide.
Figure 1 – 1999 American Silver Eagle graded and encapsulated by NGC.
Table 1 – eBay Auction Prices for NGC MS69 Graded American Silver Eagles
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