What's the value of my token collection? Also grading help. [solved]

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Update: Nevermind. I don't think I can get any data for that.

 

Hello. Unlike with coins and banknotes, it's seem to be impossible to find out the (buying) value for tokens. 

I had been entering random values for mine but I would love more experienced collectors' opinions. Is my collection really worth CAD 24?

 

MiaQc's exonumia – Numista 

All tokens got personnal's photos.

Status changed to Solved (MiaQc, 11 Aug 2022, 10:48)

If you think 24CAD is too much - that's possible since not a lot of people collect exonumia and you'd have a pretty hard time selling them. Also the values for such things aren't really established.

If you think 24 CAD is too little, that's also possible. If someone who also collects tokens really likes the ones you have and doesn't yet have them, 24 dollars is not a lot of money to own them.

 

As with most coins, and other pre-owned items, they're worth as much as someone's willing to pay for them. You've probably already heard that phrase here before. The difficult part is finding an interested buyer, who doesn't want to rip you off and pay the lowest price possible.

 

I feel that the real value of exonumia is the personal gratification from collecting and owning these tokens. Not sure you can make much money with it.

Thanks so much for your reply. 

I do collect for the gratification, not for the money (selling them later) but what I love about Numista is the value you can see for coins and banknotes. Thus, I have a good idea of how my collection is worth.

There is no data for the tokens. I guess I could enter the price I paid for them on eBay but most of them are very used and are made of cheap material like brass. 

For example, I had brought the whole hockey token collection for 50 bucks (40 + 10 shipping) on a Quebec marketplace site. Thirty tokens for 50$ so 1.66$ each but the metal is worth maybe 15¢ top. So then 1.66$ or 15¢ by token? Hm.  

Plus, if I use eBay as an example, the sellers sell the price they want. I had seen the same tokens at the same grade (in a way) in offers with various price range, for cheap to more expensive. It’s hard to evaluate the value. 

I think I’ll use my guts and put a value that makes sense. Same thing for the coins/banknotes I had in more used condition and there are no data in Numista for them. For example, I had this coin. It’s very used so the grade would be at least VG.

50 Cents - Beatrix / Willem-Alexander - Aruba – Numista

 Aww - you changed your avatar - I loved that cartoon girl. 

Token collector [1600-1899] with some coins

I might put her back, anyway let's remains on topic. 😀

Your value should be the price you've bought an item not some value you made up that feels right. Of course buying convolutes doesn't make this always easy but if they are similar the average should be fine.

 

One of the many flaws of the Numista value system is the extreme heterogenous data entry. Some people enter buying value, some buying without S+H, others enter catalog values or even just some number they want their item to be.

I understand but what if I buy a coin for 3 dollars and the value on Numista is 66 cents? 

A example. The difference is huge. For the coin and banknote I use the value already on the website.

 

Like this, Canada 1 Cent 1915 George V Canadian Penny Copper Coin Large Cent cost me 3 dollars on ebay, the F grade value is at CAD 1.76 on Numista. 😅For the tokens, if I use the value I brought them from, my collection would be worth 100+ bucks.

 

EDIT: Or should I just give up, delete all value I put in, and call it a day?

Another example: I paid 4 bucks for one XF grade Canada 1986 2 dollars banknote. On Numista, I see 2.63 and 2.99 values for XF. 😅

My LCS has a bucket for trade dollars at 5 for a 1$. Check CoinsandCanada.com, they have a section on trade dollars from across Canada. The canadian tire coin was only issued one day so those collectors might give a premium for it. Champlain bridge and meat ration tokens are very common. U S tax tokens likewise are very common.  The hockey tokens came in card packages so every boy in Canada has some. Sorry not much value there unless I missed some rarity.

1915 large cent in VF grade is 3$ in Canadian Coin News Trends section in the most recent one I have.

Enter in the value section what you paid for it. Numista has an algorithm to remove extreme values and get a more accurate market value ( what we collectors are willing to pay for an object). We all have overpaid for objects as our desire to have something is stronger than our common sense. Most I ever paid for an object was $129 for an 1858 large cent.

Then you simply paid more then the median value according to Numista (nothing wrong with that) and you also might make the value more accurate if it isn't an extreme outlier in either direction.

 

But it also depends on your grading because for example your N#330329 is graded F but looks UNC to me (but it looks like the picture has something like a oil painting filter on it) and you might simply undergrade your coins.

Well, I have no idea how to grade my coins/banknotes/token properly. O.O.

Some I bought from Jerome Collection already had the grade, but most from eBay dosen't. UNC banknotes are obviously easy to add in.

There are also coins I brought a long time ago, I started in 2007 (!), and the private store's website were I got them doesn't exist anymore or the market value of the coins had changed. Also I got some coins from Aliexpress, the seller dosen't sell them anymore, and no way to find how much I pay for them. 

Edit: Found out with paypal for the Aliexpress coins. I also got the price for my ebay purchases. There are still some coins where I don't know the value (got then years ago, like I said above) and some I got for free.

I've been putting in what I paid for the coins including shipping. This way I also have a record and a reminder of how much I spent.

Don't try to put a value on them - it's impossible, and it will always keep changing.

I see.

 

Ok. I put all the value I had paid for the tokens without shipping. The only ones I didn’t know the price were “Monnaie de Paris Tourist Token - Val de Loire (Château de Chenonceau)” & “Monnaie de Paris Tourist Token - Paris (Les 5 Monuments)” since they were a gift from a family member. However, I looked on eBay, “Buy Now” only offers and I used the meridian price I found. 

CAD 114 total value for token collection. 

Time to do the same with banknotes and the coins.

MiaQc

 I put all the value I had paid for the tokens without shipping. 

That makes sense for small-priced items. I imagine some of your shipping charges were higher than the tokens' prices.

Well, I usually brought several tokens at once, so the seller combine the shipping, and buying from Canada isn't expensive. It's more costly if I buy internationally. Like 3$ shipping for 10+$ in token.

Ah, then I'd just include the shipping. If someone else ever sees it, the price+shipping makes sense for “what should I expect to pay for this token.” The way I see it, that's what I paid for it, and if I ever sell it for more or less - that's the number I should be comparing to or trying to match.

 

But in the end, it doesn't really make a difference. If someone is looking to buy one, it'll be for whatever it's being sold. Most coins I bought on eBay cost me a lot more than the values on Numista. For gold coins, shown numbers are usually less than even the coins' melt value. It's a good reference or starting point, but I wouldn't take it very seriously. Just like the catalogue prices actually. When you go to buy a coin, you'll pay whatever the store/seller has it up for. Not a Numista or catalogue value.

 

Do what makes sense to you!

Thanks. All banknotes' value are up. Only a couple got a great diff between Numista and the price I paid.

10 Sen US Military Currency - B-Note

Grade F 'cause mine got a lot of fold and use. 

Cost me CAD 4.50. UNC listed at 5.69.

UPDATE: All coins' value done. The result was close then when I did it before with the meridian for some coins. CAD 845 in total. 

Thanks to everyone's advice!

The value of any coin or token is up to you, something valuable to you may not be valuable to someone else. 

Member British Numismatic Society

Member Royal Canadian Numismatic Society

Cricket the sport of gods
Topic moved to "Exonumia identifications and valuations" (ZacUK, 29 Sep 2022, 06:22)

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