Frequently Asked Questions:

What Different Sources of Pricing Information Are There?

Prior to The Layman's Guide to Australian Coin Values being introduced, the two major price guides for Australian coins and notes were Rennik's Australian Coin & Banknote Values, and The Pocket Guide to Australian Coins & Banknotes.

Both of these books are essential guides for coin and note collectors - they provide a comprehensive guide to the retail market for all Australian coins & banknotes. Values for all of the latest boxed individual coins and sets released by the Perth Mint and the Royal Australian Mint are included.

Unfortunately (for sellers anyway!), these guides contain a lot of information that really isn't relevant to their situation, and doesn't give a guide to the fair wholesale market for coins and notes.

Most non-collectors don't own boxed coins or sets from either of the mints (which can account for up to 50% of the content of the books mentioned above), nor do they necessarily need to know every single possible price for a particular coin or note. All most sellers need to know is the list of items to look for, and what most of them are worth if they happen to be lucky to have one!

What Does Fair Wholesale Value Mean, and Why Is It Different to Fair Market Value?

The values listed in The Layman's Guide to Australian Coin Values are what the Americans refer to as Fair Wholesale Values - that is, they'e a guide to the figures that a fair dealer will generally pay an informed buyer for a particular item.

The exact price a dealer will pay a seller for a particular coin or note will depend on:

• The condition that the item is in;
• The retail value of the item in that condition;
• How active the collector market is for the item at the time that the dealer purchases it;
• How long the dealer expects to hold the item until it is sold; as well as
• The dealer's specific circumstances at the time the transaction takes place.

Rather than providing just one value for each coin or note mentioned, The Layman's Guide to Australian Coin Values shows a lower and an upper figure for each item listed, and is based on the normal population of coins and notes that are known to be held by the general public. Badly damaged items will bring less than the values indicated, while coins and notes that are in better thanaverage condition will bring more.

How Are the Values In The Layman's Guide To Australian Coin Values Obtained?

The values found in this guide are obtained from our observations of a number of different sources:

• Normal retail trade (sales activity between dealers and collectors at coin shops and trade shows for example);
• Auction records (where coins and notes are purchased by collectors and dealers bidding against each other); and
• eBay (an increasingly important sales channel in the electronic age).

Our staff attend all the major auctions and trade shows around the country, and have an extensive network of contacts within the dealer numismatic community. This ensures we're able to keep up to date with the latest price trends and movements, and means The Layman's Guide to Australian Coin Values includes the most up to date information available.

How Up To Date Are the Figures Included In the Layman's Guide To Australian Coin Values?

We update the information in The Layman's Guide to Australian Coin Values as soon as we see that the market has moved outside the ranges we've set - this can happen as often as once a month, give or take a few weeks.

The volatile market for precious metals such as gold and silver means that wholesale values may change in between the time that you order the Layman's Guide and the time that you're able to make use of it. All clients that purchase the The Layman's Guide to Australian Coin Values are welcome to a free electronic update at any time - if after you've purchased your copy you'd like to make sure that you have the most up to date values, simply contact us via email and we'll be happy to forward you a copy.

If you'd like to discuss the market for any particular item in your collection, don't hesitate to contact us and we'll be happy to help!