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PCGS price guide

I have got my collection down to mostly PCGS(80%) and NGC certified coins. I used to use COIN MARKET and CDN to get pricing info. My question is this: Is the PCGS price guide an accurate instrument in placing value on coins? Also are the values listed considered full retail.

Thanks, Wayne

Comments

  • RussRuss Posts: 48,514 ✭✭✭
    It is more accurate than it used to be, but it still has a long way to go to be considered a reliable reflection of market reality.

    Russ, NCNE
  • LindeDadLindeDad Posts: 18,766 ✭✭✭✭✭
    Full retail if buying. Dreams if sellings.
  • Some people take the PCGS price guide number, then multiply it by .7

    They consider that to be the more realistic value.

    On the other hand, I sold a major coin at auction that went for 20% PCGS price guide value.
  • GoldbullyGoldbully Posts: 17,985 ✭✭✭✭✭


    << <i>Some people take the PCGS price guide number, then multiply it by .7

    They consider that to be the more realistic value.

    On the other hand, I sold a major coin at auction that went for 20% PCGS price guide value. >>



    $.20 on a dollar????

    What was the coin and why??
  • tradedollarnuttradedollarnut Posts: 20,231 ✭✭✭✭✭
    Depends on the series. For PCGS graded coins, the Gobrecht Seated and Trade dollars are quite accurate.
  • bfjohnsonbfjohnson Posts: 541 ✭✭✭
    Lot's of the rarer date Barber Halves sell for a lot more on ebay than they list for in the price guide. Of course the commons usually sell for a little less.
  • TwoSides2aCoinTwoSides2aCoin Posts: 44,624 ✭✭✭✭✭
    I noticed when I'm buying, the price guide is relatively accurate. When I'm selling, it's way off.
  • CoxeCoxe Posts: 11,139
    It varies among series and grades, but it wouldn't be bad if you need to work out insurance replacement costs I think.
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  • 57loaded57loaded Posts: 4,967 ✭✭✭


    << <i>It varies among series and grades, but it wouldn't be bad if you need to work out insurance replacement costs I think. >>



    if only pcgs would stand by it when going over a "spot review" or recent eBay sales whichever is greater ( I know I am dreaming)
  • I have noticed on the Registry grade coins it is on the low side (believe it or not) for everything else not in Good/Very Good take off 20%-25%.
  • tahoe98tahoe98 Posts: 11,388 ✭✭✭


    << <i>Full retail if buying. Dreams if sellings. >>





    BINGO!!!


    image
    "government is not reason, it is not eloquence-it is a force! like fire, it is a dangerous servant and a fearful master; never for a moment should it be left to irresponsible action." George Washington
  • etexmikeetexmike Posts: 6,852 ✭✭✭


    << <i>I noticed when I'm buying, the price guide is relatively accurate. When I'm selling, it's way off. >>



    Ain't it the truth. image

    -------------

    etexmike
  • Hello,

    The PCGS price guide seems more like an appraisal price… the market value often seems to be about 35% less. (Multiply the PCGS price by .65)

    For example, if you look the PCGS price guide, and you see a coin valued at $1000.00 and if you then look at EBay completed items, you’ll see that coin, in the PCGS holder, with the same grade, often sells for around $650.00.

    Less expensive coins or other times… rarer coins can sell closer to the PCGS listed price, around 10% less but, that’s more of the exception than the rule.

    It could be very much like having something appraised… for example, your diamond will always appraise for double what you paid for it. That does not mean that your diamond is worth double what you paid for it… it means the ‘appraisal’ is always double the market value. It’s used a lot for insurance purposes and, of course, to confuse and fool the public into thinking they’re getting a GREAT DEAL! “I brought my engagement ring for $3,000 and later it appraised for $6,000!... so, I got a great deal!”
  • Its just a guide...........



    AL

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