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Prices Realized: PCGS vs. NGC 2006-P Reverse Proof!


2006-P Reverse Proof Silver American Eagle Graded PCGS PR70 Finishes at $1975.00:

PCGS PR70





Current running auction for a PCGS PR70 over $1000:

PCGS PR70 auction still going.

2006-P NGC PR70 finishes at $930:

NGC PR70

Now you can't tell me the plastic doesnt make the difference!

TorinoCobra71


image

Comments

  • IrishMikeIrishMike Posts: 7,737 ✭✭✭
    Yeah sure does make a difference, it proves you can buy the same coin at half the price. image
  • ziggy29ziggy29 Posts: 18,668 ✭✭✭
    Anyone know what percentage of submissions are making 70 at NGC compared to PCGS?

    I'd like to know if PCGS really is much tighter on the 70 or if this is just the price of Kool-Aid these days.
  • RussRuss Posts: 48,514 ✭✭✭


    << <i>2006-P Reverse Proof Silver American Eagle Graded PCGS PR70 Finishes at $1975.00: >>



    Down from $5,000 when they first hit the market.

    Russ, NCNE
  • CladiatorCladiator Posts: 18,189 ✭✭✭✭✭


    << <i>

    << <i>2006-P Reverse Proof Silver American Eagle Graded PCGS PR70 Finishes at $1975.00: >>



    Down from $5,000 when they first hit the market.

    Russ, NCNE >>

    Still a nice profit though. Figure $33 for the one coin (1/3rd of the $100 set) and another $30 or so for the grading fees. Seller is into the coin for less than $100.
  • RussRuss Posts: 48,514 ✭✭✭


    << <i><< 2006-P Reverse Proof Silver American Eagle Graded PCGS PR70 Finishes at $1975.00: >>

    Down from $5,000 when they first hit the market.

    Russ, NCNE >>

    Still a nice profit though. >>



    It's not much of a profit for those buyers at $5K. image

    Russ, NCNE
  • CladiatorCladiator Posts: 18,189 ✭✭✭✭✭


    << <i>

    << <i><< 2006-P Reverse Proof Silver American Eagle Graded PCGS PR70 Finishes at $1975.00: >>

    Down from $5,000 when they first hit the market.

    Russ, NCNE >>

    Still a nice profit though. >>



    It's not much of a profit for those buyers at $5K. image

    Russ, NCNE >>

    LOL I guess you're right on that account. Somehow I was thinking the buyers at those prices were just collectors with more money than sense. Not speculators.
  • BAJJERFANBAJJERFAN Posts: 31,225 ✭✭✭✭✭


    << <i>Yeah sure does make a difference, it proves you can buy the same coin at half the price. >>



    Sometimes that is true, but it isn't always. I wonder if anyone has tried to cross any of these reverse proofs yet. Then again it should be a piece a cake buyin NGC 70's for a grand and resellin em as PCGS 70's at $1500 a pop, no?



    << <i>I'd like to know if PCGS really is much tighter on the 70 or if this is just the price of Kool-Aid these days. >>



    Well since giving you a 70 on a RP is sorta like cuttin you a $1500 check I don't think that PCGS is doin it as an afterthought.
    theknowitalltroll;
  • RussRuss Posts: 48,514 ✭✭✭


    << <i>I wonder if anyone has tried to cross any of these reverse proofs yet. Then again it should be a piece a cake buyin NGC 70's for a grand and resellin em as PCGS 70's at $1500 a pop, no? >>



    As a matter of corporate policy, PCGS will not cross coins graded PR70.

    Russ, NCNE
  • BAJJERFANBAJJERFAN Posts: 31,225 ✭✭✭✭✭
    I wonder then how many NGC 70's would make 70 at PCGS if cracked out and submitted raw.
    theknowitalltroll;
  • tychojoetychojoe Posts: 1,335 ✭✭✭
    That would be an interesting test
  • BAJJERFANBAJJERFAN Posts: 31,225 ✭✭✭✭✭
    Anyone got 100 raw reverse proofs to send in? image Not I.
    theknowitalltroll;


  • << <i>I wonder then how many NGC 70's would make 70 at PCGS if cracked out and submitted raw. >>


    I wonder how many PCGS 70's would make 70 at PCGS if cracked out and resubmitted raw. image
  • BAJJERFANBAJJERFAN Posts: 31,225 ✭✭✭✭✭


    << <i>I wonder how many PCGS 70's would make 70 at PCGS if cracked out and resubmitted raw. >>



    I hear ya thereimage but why would you want to?
    theknowitalltroll;
  • MyqqyMyqqy Posts: 9,777
    I wonder how many PCGS 70's would make 70 at PCGS if cracked out and resubmitted raw

    I like that question a lot!
    My style is impetuous, my defense is impregnable !
  • Isn't a PCGS 70 called a plastic tomb


    LOL
    Ding! There's your Post of the Week, folks.


    image
  • ....
    ...image.......$5000....Dollars.............I paid $100 for the entire set........
    ........................................image
    ......Larry........image
  • Coll3ctorColl3ctor Posts: 3,351 ✭✭✭


    << <i>2006-P Reverse Proof Silver American Eagle Graded PCGS PR70 Finishes at $1975.00:


    This one also holds the "first strike" premium image
  • TootawlTootawl Posts: 5,877 ✭✭✭
    I'm glad I sold my reverse proof PCGS 70 when I did. It ended at $3,500. I could have made a bit more money if I listed it when I got the grade. I just have something against selling something I don't have in hand.
    PCGS Currency: HOF 2013, Best Low Ball Set 2009-2014, 2016, 2018. Appreciation Award 2015, Best Showcase 2018, Numerous others.
  • While I agree that PCGS generally brings higher prices, I think the real reason for this huge difference is the "First Strike" designation. The uninformed still think that means something and are willing to pay for it.
  • RussRuss Posts: 48,514 ✭✭✭


    << <i>While I agree that PCGS generally brings higher prices, I think the real reason for this huge difference is the "First Strike" designation >>



    NGC was also using the designation.

    Russ, NCNE
  • BearBear Posts: 18,953 ✭✭✭
    Sticks and stones may break my bones

    but words can never hurt me. Perhaps it

    is better to buy the coin as well as the plastic.

    If it is a truth that an invester should never fight the Fed,

    a coin collector should go with the TPG that is easiest to sell

    at the best price. That choice is PCGS. Now, I will go finish my large

    glass of Kool Aid.image
    There once was a place called
    Camelotimage
  • Coll3ctorColl3ctor Posts: 3,351 ✭✭✭


    << <i>

    << <i>While I agree that PCGS generally brings higher prices, I think the real reason for this huge difference is the "First Strike" designation >>



    NGC was also using the designation.

    Russ, NCNE >>



    Not that I'm aware of image

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