Is this the 1st time PCGS Price Guide

Bochiman

shows a coin lower than the PM value in the coin?

I was looking at some of my uncle's raw coins (Morgans and Peace) and just use PCGS Price guide to get an idea...

Some of these are XF/AU and some are MS (63/64). The XF/AU show ~$68 in the PCGS PG.
Yet, silver content is ~$73
1878, 1881o, 1881-s, 1885, 1886, 1896o, 1921 pds, 1922, 1923, 1924, 1925

So, yes, I do know that PCGS PG is for items in PCGS plastic...there is a cost to doing that (shipping, grading fees, etc).

Yet, raw value is $73. As you can see from the dates, pretty common. Some, in MS, are worth $100-$200+, on the right day, at the right time, to the right person maybe, but the XF/AU ones...? LOL

I have no point with this, it's just the 1st time I have seen a coin with precious metal value (90% silver) listed BELOW it's actual content value.

Kind of neat as he also has a 1931-S lincoln in AU (BN, some mellowing/toning), raw, and a 1921 peace dollar raw...1921 PD are harder for me to grade due to strike and not being my series....was cool to see it in the album.

johnny9434

I see some like that at times as well. Maybe the auto correct was out to lunch. Good catches thou

cameonut2011

Likely yes. The PCGS price guide isn’t linked to an algorithm that fluctuates with spot; thus, given the extreme volatility in spot, this will happen. When it does, it means your coin of interest is effectively nothing more than bullion in the current market.

jmlanzaf

Technically, 90% is not trading at full melt. Upstate, for example, is SELLING MS60-62 slabbed Peace $s at $71. They are buying pre-21 Morgans in MS60-62 at $77.

TwoSides2aCoin

I’ve got some first strike MS 70 $50 SP gold eagles. The price guide lists them for
$3600

Swampboy

Must be a crazy time for the price guide squad at PCGS
All leave canceled

cameonut2011

@TwoSides2aCoin said:
I’ve got some first strike MS 70 $50 SP gold eagles. The price guide lists them for
$3600

Are selling at that price? 😈

jmlanzaf

@cameonut2011 said:

@TwoSides2aCoin said:
I’ve got some first strike MS 70 $50 SP gold eagles. The price guide lists them for
$3600

Are selling at that price? 😈

Oh, they are definitely selling at that price