If you have an MS-65 Morgan in a PCGS holder....

Aethelred

If you have a Morgan that is graded MS-65 by PCGS and it sells for 100%, what % would the SAME coin sell for in an NGC holder? Lets say our hypothetical coin is not common, but also not a key.

ColonialCoinUnion

I'd say the same coin as an NGC65 is worth 5 - 10% less than as a PCGS 65.

ajaan

Sell the coin, not the holder.

Russ

It really depends on the selling venue. On eBay, Teletrade and other "sight-unseen" venues, the NGC example is likely to bring 20% to 25% less. In a real auction, where the bidders have a chance to view the coins in hand, that spread narrows considerably.



<< <i>Sell the coin, not the holder. >>



That's a nice platitude that has little applicability in many of today's transactions.

Russ, NCNE

rainbowroosie

Russ is correct.

RKKay

<< <i>Sell the coin, not the holder. >>



I had the opportunity to hold two different PCGS PR 62 J-1212s at Portland yesterday. One was brilliant and beautiful, but hairlined. It resided in a blue tag holder. The other, in a green tag, was hideous (and that is a compliment). It was totally dipped out, with no luster. The nicer one should bring about $7,000, the other about $4,000, if anyone would buy it.

Bottom line: The holder means nothing.

Aethelred

When I am selling a coin sight unseen, I am selling the holder not the coin, can't get around that. I guess I buy the coin, have it graded and then sell the holder.

roadrunner

If both are essentially identical, the PCGS coin might bring $5 more.
But in nearly all cases one coin is better than the other, and that's the one I would buy if the prices were the same. Common date MS 65 Morgans seem pretty generic, I don't find too many that are so
bad I cannot buy them as ordinary/tradeable "stuff."

roadrunner