1. Is it just me or is the recording of unsold items within the past sales section on a coin page absolutely ridiculous?
From my understanding, the recording of past sales, goes directly into calculating the coins value / market price as recorded by Numista. I know of one coin that has the same coin listed 3 times from Katz Auctions, the 2 times it sold - for €110 & €100 are now reduced to an average price of €70 because the coin didn’t sell once, where the coin should have a sale value of €105 from its 2 sales.
I once questioned a non sale item in a past sale and tried to delete it, I received the following response along the lines of „the non sale is relevant, and because it wasn’t sold should stay attached to the coin“ even though the coin was sold at a later auction. For this logic it means that the recorded price for this coin, and thus it’s value (recorded by Numista) is half of what it sold for! This is absolutely insane, should a shop selling trainers at 49.99 half the price because no pair sold the week before?
2. Is it just me or is the recording of coin sales within the coin page without the correct version (year or mint) a waste of time?
Time and time again I look at past sales recorded within a coin page only to see an „undetermined“ version of the coin recorded. Is this an automatic recording of a past sale that couldn’t recognise the obvious year and mint mark, or is this pointless lazy recording of past sales by Numista members? If the recording of past sales goes to determine the value / market price then surely an undetermined version adds nothing and is totally irrelevant, so why record a sales value of €50 if it can’t be attributed to a specific coin with multiple years or mints.
