Numista is a great site, but I still have one suggestion to improve Numista. On the coin search, instead of just the bullion and face value, it should also show the numismatic value, something every coin has.
On the "Your coins" list it should also show the numismatic value of your entire collection.
I assume he means catalogue value. They have them listed on www.worldcoingallery.com but that doesn't have a place for you to catalogue your collection.
Citeer: happycustard*Giggles* You guys don't know what numismatic value is?
You will get more surprises on stupidity if you linger on here...
This is the charm of this site: That you can find total idiots, as well as seasoned professionals to the passion.
It requires some validation skills to judge who's who, but you'll manage soon.
We all know what numismatic value is.
It's not made by the books, it's made by demand and offer.
So my coin can have a numismatic value of 1000 euro and for you a numismatic value of 500 euro.
It's not a definite number.
That's why it's hard to tell the numismatic value.
happycustard, numismatic value is very subjective. For example, I don't care about the specific year, so for me a 1933 double Eagle coin is no better (and thus more expensive) than 1930 or something else. I won't pay for a rare coin in very poor condition under any circumstances. Again, numismatic value of G or VG coin for me is close to zero. On the other hand, another collector might be happy to pay 10-20 dollars for such a specimen. Basically, the more you grow up, the less categorical you are, which includes having opinions regarding the coin catalogues and the numismatic value of coins.
Citeer: happycustard*Giggles* You guys don't know what numismatic value is?
Giggling aside, you raise an interesting question happycustard - how would you define "Numismatic Value"?
Numismatic value is the collectible value of a coin, found in coin books websites etc.
Untill recently, I have never met a collector who didn't know what numismatic value is.
There was a very good reason that I asked the question "How would you define Numismatic Value" and I have to say that I disagree with your definition in part.
I would agree that the numismatic value could be described as the "Collectable Value" but, as scceda suggested, that is a theoretical and subjective figure and certainly can't be found in books. The values that you will find in various catalogues, including Krause and Spink, would more accurately be described as commercial value and would be the price you might expect to pay to a dealer for any given coin. However, this is not necessarily the price that you would achieve as a private seller on Ebay, for example. Consequently, the catalogues that are out there do serve a useful purpose to make sure that you don't pay any more than book price for any given coin but they certainly can't be used to say that a specific coin is worth that given sum. At the end of the day, the value of the coin in your hand or your collection is however much someone else is prepared to pay for it.
Hope this helps
Just because you can't see it ... doesn't mean it isn't there - Anon.
Citeer: happycustard*Giggles* You guys don't know what numismatic value is?
Giggling aside, you raise an interesting question happycustard - how would you define "Numismatic Value"?
Numismatic value is the collectible value of a coin, found in coin books websites etc.
Untill recently, I have never met a collector who didn't know what numismatic value is.
There was a very good reason that I asked the question "How would you define Numismatic Value" and I have to say that I disagree with your definition in part.
I would agree that the numismatic value could be described as the "Collectable Value" but, as scceda suggested, that is a theoretical and subjective figure and certainly can't be found in books. The values that you will find in various catalogues, including Krause and Spink, would more accurately be described as commercial value and would be the price you might expect to pay to a dealer for any given coin. However, this is not necessarily the price that you would achieve as a private seller on Ebay, for example. Consequently, the catalogues that are out there do serve a useful purpose to make sure that you don't pay any more than book price for any given coin but they certainly can't be used to say that a specific coin is worth that given sum. At the end of the day, the value of the coin in your hand or your collection is however much someone else is prepared to pay for it.
Hope this helps
Well, from the coin books I've red, including Scot a travers 2009 coin value book,the red book,and a few more reliable coin books the numismatic value of a coin is the amount most people will pay.
I'm not sure what coin book you are getting this information from... but..
Citeer: happycustardNumismatic value is the collectible value of a coin, found in coin books websites etc.
Untill recently, I have never met a collector who didn't know what numismatic value is.
Citeer: happycustardNumismatic value is the collectible value of a coin, found in coin books websites etc.
Untill recently, I have never met a collector who didn't know what numismatic value is.
This isn't a bad idea, although it would require a ton of data and a bunch of disclaimers stating that the values listed are not absolutes and are subject to change, etc. But knowing the replacement value of our collections, even if that number is +/- 15% or so, would be extremely useful for insurance purposes. A sell value would also be very useful to anyone thinking of cashing out or to our relatives after we die.
Maybe the way to do this would be to work out a deal with one of the sites that lists current values. This feature would only work if you are a member of that site as well, for example.
Are you being sincere in your request and suggestions? Because everyone here has been kind and all they are getting from you is *giggles* and snide remarks.
Library Media Specialist, columnist, collector, and gardener...
You are very generous and kind to overlook the disparaging remarks then. I actually dont think its a good idea at all. Im glad that we have real life updates on our dashboard for previous metals...but i dont see ever getting real time updates for coin prices. You can write in your own values in the comments for each of your coin dates...
Library Media Specialist, columnist, collector, and gardener...
From what I understood there will be fields to write-in value for conditions - maybe somehow like it is on NGC? Referees would be able to type in the values.
Yes that is cool. I think most of us have been collecting for years and don't realize how much money we have thrown into this hobby. $20 here, $65 there, etc. Eventually it adds up to big money even if our coins didn't increase in value. For insurance purposes and estate planning that feature will be extremely useful.
I see a listed "value" as anything from a catalog value, a collector's opinion of the coin grade or the actual price one paid for a coin.
I prefer the later as that is the actual value that I put on the coin by purchasing it at whatever the price. I believe by doing this you will see a true gain or loss for any purchase that you decide to sell, as opposed to an arbitrary value listed by others.