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1914-D Gold / PCGS Price Guide

ArtistArtist Posts: 2,012 ✭✭✭
Hello All -

I made a post about this a week or so go - thanks to those of you who replied and I apologize to those of you for whom this is redundant.

My issue is with the PCGS price guide values for $10 & $20 gold in MS63. As I said in my previous post, I was dismayed to see a 1914-D $10 MS63 fall from $1,800.00 (= $50 less than the price one sold for on Heritage recently) to $970.00 in a single week - the same price for the much more common 1914. As it happens, I also own a 1914-D $20 that is more scarce than a 1914-S, yet a year or so ago PCGS valued that coin the same as 1914-S and it actually affected the market; and so my concern is now that the same thing may now happen to my $10.

Well today I look, and now the 1914-D $20 is worth LESS than a 1914-S. In fact, according to the price guide, a 1914-D is THE SINGLE CHEAPEST Saint you can buy in MS63. According to PCGS, even a 1927 is worth $50 more than 1914-D.

These truly seem like errors to me. 1914 or 1914-D $10 for $970 in MS63, but $2,000 & $3,500 respectively in MS64? 1914-D $20 for $700 or a 1914-S for $775 even though there are twice as many 1914-S's in the pop reports?

I have tried contacting PCGS but to no avail. So now I turn to this forum to see if:

A) Anyone sees some logic to all of this that I am missing.

or

B) Anyone reading this is in a better position to notify PCGS of what is taking place than I am.

Thanks in advance, and again I apologize if this post was repititious.

Artist -

Comments

  • coinguy1coinguy1 Posts: 13,484 ✭✭✭
    Artist, you seem to be overly concerned with and focused on published prices, some of which are accurate and some of which are not.

    Realistically, a 1914-D $10 has NOT fallen from $1800 to $970 in a week's time, no matter what published prices state. Either the original price was too high, the newer price was too low (or both).

    Keep in mind that many coins trade among dealers and collectors without ANY regard to published PCGS prices - and that is not a knock on those prices, but rather, simply a fact of life.

    Among other pricing sources to consult are Trends, the CDN publications and actual auction prices realized.

    Relax and enjoy.image
  • RYKRYK Posts: 35,797 ✭✭✭✭✭
    I agree with Mark (but I am not sure if I should, now image ). I have purchased and sold quite a few gold coins over the past few years and have never consulted the PCGS price guide. I would not say that it is irrelevant, as I have heard others quote it, but it is at best fourth among the popular price guides, probably lower.

    My favorite "guide that is really not a guide" is the Heritage auction archives. Using it, you can see what real coins sold for at auction in the recent and not-so-recent past. I think it is especially good for tracking price trends in generic Saints and the like.
  • ArtistArtist Posts: 2,012 ✭✭✭
    Thanks for the perspective - I appreciate it. And especially this:

    <<Relax and enjoy. >>

    Good advice.

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