Registry Prices Set On Individual Coins - Real or Not
TheRock
Posts: 766 ✭✭
I was looking at my registry sets and noticed that they have an associated price on each coin given to them by PCGS. Can someone please tell me if the prices are accurate or not based on todays market.?
My 2 sets are in the 1959-Present Lincoln Proof Plain and Variety. They are "The DeRocker Collections"
Thanks.
My 2 sets are in the 1959-Present Lincoln Proof Plain and Variety. They are "The DeRocker Collections"
Thanks.
"GOT TO LOVE THEM SMALL SIZE DEUCES, SC's, LT's & FRN's"
John DeRocker
President/CEO
The Rocks Collectables, LLC
TRC, LLC
jderocker003@gmail.com
SPMC Member - LIFETIME
EBAY - TRC, LLC
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Thanks for the help on this question. Much appreciated.
"GOT TO LOVE THEM SMALL SIZE DEUCES, SC's, LT's & FRN's"
John DeRocker
President/CEO
The Rocks Collectables, LLC
TRC, LLC
jderocker003@gmail.com
SPMC Member - LIFETIME
EBAY - TRC, LLC
The prices are from the PCGS Price guides, and are not as "Off" as it might seem.
The source of the prices are a serious attempt by those at PCGS to regularly monitor all the records of sales that occur in the various series. Where coins trade regularly, it is pretty accurate, but for those that trade only a few times a year, or not at all, it is more difficult.
Examples: generic gold gets adjusted all the time. You will see ups and downs regularly.
But the 1885 lib nickel in MS 67-- it stayed in a $20,000 range for years. Not until a sale in 2006, where one sold for $65,000 hammer did PCGS change the value to $60,000.
Same for the 1880 shield nickel in MS 65.
I tried to add up all the values for several series I collect. When I was done, the total for the entire series, in the grades I collect, was pretty close. Though many individual prices were way off.
So, depending on the series, these prices overall, are not too bad a place to start.
Leo
The more qualities observed in a coin, the more desirable that coin becomes!
My Jefferson Nickel Collection