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a quick question about the gray sheet.

On the front page of the Gray Sheet is a small box, in which are listed the different grading services, and then a per centage next to them. For instance, it might say PCGS and then to the right of that may be "88%" What does this mean?

Thanks, Tom

Comments

  • Look right to the right of the percentages. It explains it there and also in more depth in the "July 1988 Monthly Suplement." - You think they would re-print it every year or two.

    Cameron Kiefer
  • image It means that on an average that a PCGS coin will recieve that price for a certain coin 88% of the time. PCGS is overvalued compared too other graders because they are a self serving company. A grading company for coin dealers. Check the major owners and board of directors names. That will quickly tie you in to the major dealers in the U.S.imageimage
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  • TomBTomB Posts: 21,575 ✭✭✭✭✭
    The numbers are fairly bogus if you read the explanation. The sampling technique was woefully inadequate preventing any tight conclusions to be made from them.
    Thomas Bush Numismatics & Numismatic Photography

    In honor of the memory of Cpl. Michael E. Thompson

    image
  • michaelmichael Posts: 9,524 ✭✭
    in general it is for the most part meaningless

    now the best way to look at a certified coin is to just look at a coin in the holder and make sure you have enough experience to evaulate the coin yourself and that you have specialized in the coin you are looking at and if you like it or not

    that is the best way to determine if the coin is good or not! for you!!

    sincerely michael

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