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Morgan values and PCGS Price guide

I just picked up two Morgans from Great Collections yesterday. Common dates both PCGS 64's. Both in the $60's and 70's range. The price guide is 125-150. The coins look nice. Thoughts on whether or not the Morgan market is cooling a bit? Obviously each coin stands on its own merit but lots of these coins are going for way below price guide.


  • joeykoinsjoeykoins Posts: 14,596 ✭✭✭✭✭
    edited December 6, 2021 6:13AM

    Yeah concerning our host's price guide, this is the norm, unfortunately. Esp. when it comes to Great Collection and Ebay. We must remember, these guides are just that, guides. To guide us in on a ballpark figure. Even though, some of the prices really show wide differences. I still use the PCGS guide when I want to send a coin/s in for submissions. ;)
    I too, love dem Morgans and Peace Dollars!

    "Jesus died for you and for me, Thank you,Jesus"!!!

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  • HoldTheMayoHoldTheMayo Posts: 120 ✭✭✭

    Best price to look at as a guide is the auction prices,

    Most of the PCGS price guides are not correct and you’ll either overpay or underpay. For example an MS65 1934 Peace Dollar is ~$850 on PCGS, $800 on greysheets for a CAC example, but the last auction price for a CAC example went for almost $1300. I was able to sell one on eBay recently for $1250.

  • rickoricko Posts: 98,724 ✭✭✭✭✭

    Price guides can be a starting point for information... but completed auctions - as many as possible, and in the last six month period - are better for timely estimates. Cheers, RickO

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