Would You Pay A Premium For a PCGS Coin Designated As PQ

Hadleydog

Just interested to see what the forum members thought about this.
Personally, I buy the coin and not the holder...........but when it comes time to sell, I think a PQ rating would garner a higher price.

kieferscoins

Depends if the PQ means high end for the grade or excellent eye appeal. There is a big difference in the two.

Cameron Kiefer

ziggy29

If I thought a particular coin was PQ for the grade, with or without the designation, I pay more for it than an ordinary coin for the grade.

So if I agreed with the PQ designation, yes, I'd pay more, for example, for an MS-65PQ than an MS-65 without the designation. If I disagreed, I wouldn't. So in reality, nothing changes.

airplanenut

I'll pay more for a nice coin--I don't care if the holder tells me it's nice or not.

dorkkarl

duh. so like it doesn't matter whether YOU think it's pq then??? just if pcgs or ngc thinks so???

good grief, the sky really IS falling.

K S

lava

I voted yes, but maybe not for the reason you think. If I were the only bidder in the marketplace, no, I would not pay a premium for a PQ designation -- I'll decide what's PQ. However, chances are, PCGS will get it right more times than not, and OTHERS in the marketplace WILL pay more, and because I want the best coins I can get, I'll have to bid more as a result.

MadMonk

I voted yes with a qualifier...I have to agree that it's PQ.

Russ

All PCGS graded coins are already PQ. This is well known by all dealers selling them.

Russ, NCNE

haletj

You wouldn't have a choice. People only would sell them for more...and new price guides would come out and all with prices for with and without the designation.

mr3holesinone

No and really why would you want to do that, assuming you're not into the crackout game? Grading standards change. This week's tough grading will be next week's easy street (or you can drag out the time period, doesn't matter.) It doesn't matter because graders change, standards change and quotas change (do they have quotas?).

TonedCoinTrader

Depends on the coin, but It it was for exceptional eye appeal as in exceptional toning I would start to submit more coins to PCGS.

Scott

Myqqy

I agree with dorkkarl........

LucyBop

I would/will pay a premium for any coin that warrants it in my eyes.....

coincollector1989

no. If I like the coin I will buy it,

BASEagle

A minor detail - you didn't tell us what PQ means to you.

Proof Quality
Prime Quality
Premium Quality
Piece of Qrap

Help us out here.

Seriously, how could PCGS designate a coin as say MS64PQ? What would that tell you? It is a borderline 65? A 64.9?

Mike

kranky

I agree with those who said you'll have no choice but to pay more because people will charge more.

fivecents

Yes, but of course it depends on the coin.
NGC seems to have carved out a good market with people paying an extra premium for their "star" designation for eye appeal. I wish PCGS should follow suit, but I think they never will designate coins PQ on their holders.

BillJones

I pay more for PQ coins, but the mere fact that the grading service called it "PQ" would not prompt me to pay a premium. I'd have to agree with them.

dorkkarl

<< <i>Unfortunately too many people can't tell what is or is not PQ. >>

sorry legend, but that's not a fair statement. what's pq to someone might not be pq to you, so how would you know whether someone else can tell what's pq or not? it's on THEIR standard!!! (or supposed to be)

your assertion is that there is some "definition" of pq that these "many people" need to abide by.

K S