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are the pcgs price guides for bullion coins bogus???

classiccoinclassiccoin Posts: 263
in U.S. Coin Forum
gold is down over 80.00 per ounce from its high.. silver down nearly 3.00 from its high.. platinum down about 50.00 from its high.. and all you see is a slew of green up arrows for all the pcgs bullion coins with no minus signs.. any opinions???.. sounds pretty fishy to me that gold can fall over 80.00 and no price adjustments..
when judgement day comes..

Comments

  • RegistryCoinRegistryCoin Posts: 5,117 ✭✭✭✭
    I don't think that the daily price fluctuations in the bullion market really has that much to do with the higher grade pcgs coin prices. Of late, I have only seen lots of increasing prices for the bullion coins that I watch - the rising demand for these pcgs coins seems pretty steady to me, and the price guide's increases seem to me to be a somewhat accurate reflection of the activity in the marketplace.
  • MikeInFLMikeInFL Posts: 10,188 ✭✭✭✭
    The price guide lags reality...Mike
    Collector of Large Cents, US Type, and modern pocket change.
  • ERER Posts: 7,345 ✭
    Get with the program, man. Don't you know everybody quotes the PCGS Price Guide, when they're selling?

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