PCGS price guide vs. Heritage?

BlindedByEgo

I've rad a lot of comments about the inaccuracy of the PCGS price guide. Without running a poll, how many of you feel that the Heritage price guide is superior - superior in that it (purportedly) more closely tracks the "real" market, and shows a range of prices?

Do you have an analysis or an opinion?

Does anybody do what I like to do, and look at Teletrade auction results for the more frequently sold coins?

RYK

Heritage archives are definitely better than PCGS in my area and probably others, as well.

Blade

I don't know about a Heritage Price guide, but the archives are indespensable and my best source of pricing info. Nothing better than recent, actual sales data.

jdcheers

I wouldn't use either as a tool to buy coins. Stick with the sheets. They take into account prices realized from the major auction firms. Hell, the front page is often a highlights page for the auction companies. Plus, auction prices are not based on averages nor do they reflect the entire segment of the hobby.

BlindedByEgo

<< <i>I don't know about a Heritage Price guide, but the archives are indespensable and my best source of pricing info. Nothing better than recent, actual sales data. >>




More accurately called "Heritage Value Index" on their page, it requires (free) registration to access. Is this what you are calling the "archive"?

mozin

<< <i>Heritage archives are definitely better than PCGS in my area and probably others, as well. >>

sinin1

I have to check Heritage, but I snagged a properly graded (at least as far as I can tell)
PCGS slabbed coin on eBay a couple weeks ago for less than 20%
of PCGS guide value (and about half what they have been going for on Teletrade)


not sure what that says of the guide or the market

bonkrood

http://www.heritagecoins.com/common/auction/pricesrealized.php

I agree it's very helpfull.

Longacre

I think the Heritage auction archives are great. They're real transactions.

Steve

Keith,
The Heritage value guide is probably closer to what a coin will sell for to a KNOWLEDGEABLE buyer. The fact that they use a range rather than an exact amount is also more accurate. The PCGS price guide is a RETAIL price of what a coin is worth. It is usually higher than the Heritage guide because they use different criterial. AS you must already know, there is no such thing as an accurate price guide. Each coin is different and any KNOWLEDGEABLE buyer looks at the coin, not the price guide first. Then it is negotiation between buyer and seller for THAT coin. We can argue all day over which guide is better, but you will notice that most people here base their determination on what THEY perceive versus the coins THEY have in hand. That has absolutely no relevance in my opinion. Steve