Tips for Utilizing the PCGS Population Report
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What will PCGS Pop Reports tell you? Quite a lot… You can find out relative rarity of scarce and rare U.S. coinage as well as relative grade rarity of certain issues within a specific series. Another perspective that PCGS Population Reports provides is information on scarcity and value versus that of another issue in the same series – a great tool for understanding what makes a key date a key date. You can even use PCGS Population Reports to ascertain bell-curve figures when gauging price discrepancies within a particular date.
The article linked below looks at a couple of highly traded U.S. Morgan Dollar dates to illustrate some of the valuable information you can access with the PCGS Population Report, with the 1881-S and 1891-CC issues as our examples.
Read more: https://www.pcgs.com/news/tips-for-utilizing-the-pcgs-population-report
Comments
Agree it's a great tool but the DB for many world coins needs to be reorganized to make it more useful. Some such as Mexico and South Africa are well organized. Others aren't.
I check Population Report a lot. Great tool.
I checked out this this morning , I like it and easy use
I frequently use it, but when dealing with coins close to top pop I'm a little suspect. How many have been cracked out and resubmitted ? Inflates the numbers.
This is true across all series, dates and grades. But, It is still a good, accurate, relative indicator just as long as you don’t rely on them as absolute numbers.
Sometimes, it’s better to be LUCKY than good. 🍀 🍺👍
My Full Walker Registry Set (1916-1947):
https://www.ngccoin.com/registry/competitive-sets/16292/
I use the pop report constantly. Newer collectors should be forewarned that pops could indicate the same coin having been cracked and resubmitted, even several times over. If something has a pop of ten, hypothetically there could only be 3, 4, 5 in actuality. (Just an example). Those 3, 4, or 5, or a portion of them might have been regraded multiple times.
Take the numbers with a grain of salt.
Having fun while switching things up and focusing on a next level PCGS slabbed 1950+ type set, while still looking for great examples for the 7070.
Do people still turn in crackout labels?
I do.
The realist (read: pessimist) in me says: unlikely.
Having fun while switching things up and focusing on a next level PCGS slabbed 1950+ type set, while still looking for great examples for the 7070.
They do when motivated to do so. As an example, most will if they own a very low pop coin, especially if they’re about to offer or currently offering it for sale. On the other hand, if it’s a common coin with a large population, most people won’t care.
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.