Ok... Another Questions from newbie
Lori
Posts: 860
I have gone to PCGS and looked at there Coin price guide and wonder how far off they are. The reason being is they have there statehood quarters from 1999 - present at 1500 - 1600 apiece if they are ms70 dc. I just bought the 2000S quarters grade ms70 proof dcam for $125 for all 5. Are they really worth $1500 apiece. How accurate are those prices. Thank you again for answering a newbie stupid question.
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Comments
addition to accepting artificially toned and doctored coins. Even with the two top companies, one must still be
selective as to acceptable quality. The PCGS price guide is high on most coins and extremely low on other coin prices. If you need to get an honest estimate for a coin you are looking for, the experts and specialists
on this Forum will
always give you the straight scoop. Regards Bear
Camelot
NOTE: No trees were killed in the sending of this message. However, a large number of electrons were terribly inconvenienced.
Type collector since 1981
Current focus 1855 date type set
Also, who slabbed your PR70 coins? If it was ICG, they have a reputation of overgrading such coins, and they will sell for a discount to PCGS and NGC graded coins.
Dan
mcinnes@mailclerk.ecok.edu">dmcinnes@mailclerk.ecok.edu
A couple of things here. First, an MS70 rating is assigned to circulation coins whereas PR70 is used for proof. The PCGS pop report does not show any MS70 state quarters for 1999. On the other hand there are some proofs graded @ PR70 but you certainly could not get a whole set for $125. Based upon that I would imagine that you have ICG graded coins. IMO, ICG coins are valued less than PCGS graded coins. Hope this helps.
PCGS 70's fetch a high price because pcgs has a registry where you can enter your pcgs only coins and people compete to be number one. Since there are so few 70 pcgs coins some people will pay alot more for them than a NGC 70.
I can't tell a 70 from a 69 myself.
and in a suprisingly short time, the wise wizards on the Forum will teach you
much of what you need to know. Occassionally there is a bit of yelling and screaming, but for the most
part, the people here are a great bunch of guys and gals. Bear
Camelot
One thing that i've used printed priceguides for is comparing relative rarity within a series. For example, if someone has a bag of liberty nickles (wich I know NOTHING about) for sale i'll grab blue book, red book, coin prices, whatever I have close at the time and scan the columns and see what years are worth more than the other years just to keep a "heads up" for the key or semi-key dates for that coin set. I don't base any appraisel on those prices but I can tell if a particular coin is considered rare for that series.
The ACTUAL value of a coin is generally considered what you offer and someone accepts. Some pay more for toned, some pay more for bright white, and there are many inbetween. For a good idea of what OTHERS have paid for coins recently sign up for a FREE account at Heritage Coin Auctions and look in their "Prices Realized" section. Similarly EBAY and TELETRADE have an archive of past auctions that is serchable to some extent but the HERITAGE one is cumulative and updated at the end of each auction.
BUY WHAT YOU LIKE and enjoy it.
welcome
tom
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is a function of demand. A particular PCGS high grade issue may have sold for $1000 yesterday,
that does not mean that it is necessarily worth that. It only means that someone was willing to pay
that much for that particular piece at that given time. Tommorrow that may be $500, 6 months from
now it may be $1200. It is a function of demand and the quality of the coin. You may also want to
supplement your price guides with Numismedia.com and Coin World Trends. Of course, ultra high grade
pieces may not be listed there, but if I am buying an MS or PR 68, I want to know the price for a 67
and a 69. I hope that helps.
Brian.
K S
What have you been doing to get an over 3000 feedback rating?
Joe.