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PCGS Price Guide Question

Is a good rule of thumb to take 20% off the PCGS price guide to arrive at a fair retail price?

Thanks all!
Buy/Sell/Trade Rainbow Morgans

Comments

  • FC57CoinsFC57Coins Posts: 9,140
    Depends on the series - on Franklins I generally use 50% as a good rule of thumb for pricing.

    Frank
  • RussRuss Posts: 48,514 ✭✭✭
    The short answer is no. There really isn't any rule of thumb as it varies widely from series to series. In some, the guide is very inflated, in others, it's actually too low.

    Russ, NCNE
  • lordmarcovanlordmarcovan Posts: 43,661 ✭✭✭✭✭
    Depends on the coin and the series. I suppose that might work as a rule of thumb, but there are far too many variables. I don't think there really IS a one-size-fits-all rule of thumb. There are some coins I'd probably be happy to pay full PCGS priceguide for, and others I doubt I'd pay 25% of priceguide for.

    Explore collections of lordmarcovan on CollecOnline, management, safe-keeping, sharing and valuation solution for art piece and collectibles.
  • byergobyergo Posts: 586
    What about the % of PCGS price guide for common date MS65 Saints (assuming average coin for the grade)?

    Also where is the price on these coins compared to the average for the past 20 years? Is it high/low or about where they have been?

    Thanks!
    Buy/Sell/Trade Rainbow Morgans
  • lordmarcovanlordmarcovan Posts: 43,661 ✭✭✭✭✭
    Good question- I'm afraid my experience in Saints is a bit too limited to answer it, though. I paid close to full Priceguide for one or two, but way under Priceguide for some 1908 No Motto coins in PCGS 63 (the population of those was over 11,000 the last time I looked...)

    Remember that the bullion market will affect these, so it might be hard to pin down any definite answer.

    Explore collections of lordmarcovan on CollecOnline, management, safe-keeping, sharing and valuation solution for art piece and collectibles.
  • The $2 1/2 gold Indians are pretty close. Some dealers are trying to get a little premium above the guide on certain years because the demand is very high for MS63's on up.
  • LincolnCentManLincolnCentMan Posts: 5,347 ✭✭✭✭
    I can point out Many Lincolns that I'd pay 2x-3x what PCGS price guide says. No price guide is perfect. It's best to take a look at closed auctions for a better idea as to value.

    David
  • Cam40Cam40 Posts: 8,146
    I think alot the Proof set prices are low I see.

  • michaelmichael Posts: 9,524 ✭✭
    i cant say

    show me a specific coin sight seen within my speciality and then i can tell you an appromixate current market selling price between a knowledgable seller and a knowledgable buyer

    then you can see how much plus or minus it is from the cu price guide

    sincerely michael

    but then again if you get a person with lots of discretionary money and a desire to own something
    then you get the 30k lincoln cent worth less than 100 dollars out of the holder/raw

    but as always value is within the eye and pocketbook of the beholder

  • There is no rule of thumb, for example lincoln wheat proofs are really hot right now and are selling above what the pcgs price guide says.

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