New pricing for Pogue II results

TahoeDale

Curious to see if PCGS will follow its criteria for pricing following an auction, where a pop 1 none finer blows out previous guides.

2 examples, among many.

1819 CBH in 66. Previous guide was 32,500. Prior sale of this coin was on April 2009, where as an NGC 66, it brought 46000

Hammer at Pogue II was 70,000/82250 with juice. Will it now be an 80,000 value in the Guides?

1807 lg stars half (O.114) in 66. Previous value was 175,000. Hammer was 220,000/258,500 all in.

A third CBH that went very high was the 1807 O.112-the 50/20 lg stars. There are 3 graded in 65, and the guides have indicated
value at 37,500. Hammer was 110,000 yesterday, for a full sale at 129,250. Does the value go to over 100,000?

After DH completes his review and adjusts prices for this mega sale, it would be informative if comments might be included
as the reasons for the new pricing

YThanks David

PascoWA

Wow.
Is all I can say.

rhedden

My question is whether these coins had exceptional eye appeal compared to the few others available in the same PCGS grades. Exceptional coins tend to auction well above price guide levels, so perhaps the price guide is irrelevant here and does not need to be adjusted. It's a tough job for the price guide personnel when there is a tremendous spread between exceptional coins and C-grade coins in the same numerical grade. It will be interesting to see what PCGS decides to do.

WinLoseWin

<< <i>My question is whether these coins had exceptional eye appeal compared to the few others available in the same PCGS grades. >>



For Pop 1 none finer coins that would seem not to matter unless another one shows up or is known to exist uncertified by PCGS.

Analyst

I am reviving this thread for three reasons. First, I honestly missed it last year, and I then wrote articles that directly relate to the issues, which TahoeDale raises in this thread. Second, with Pogue IV looming, it is worthwhile to reflect upon the blockbuster success of Pogue II. It is educational to further reflect upon the coins and prices realized in September 2015. Third, a gem 1807 half will be offered at the Central States Convention in April, which is relevant to the topics here.


TahoeDale: "After DH completes his review and adjusts prices for this mega sale, it would be informative if comments might be included as the reasons for the new pricing"

I would like for distinguished experts such as DH to put forth such comments and explanations for changes in price guides. An auction price is not necessarily a market price.

In my interpretation of market realities, market values for gem Capped Bust Halves increased just slightly during early Fall 2015. For some gems in Pogue II in September, bidders got auction fever, which is not a bad thing. I wish I had could afford to have it.

The auction results for some coins were well above market values, before and after, the Pogue II event. The wholesale values for gem Capped Bust halves went up just a little during that time period. There were just some bidders who became euphoric. Although Capped Bust halves led the way, results in Pogue II overall were strong to very strong, in that most prices were well into the retail range, above-retail in a few cases.

The Pogue Family Coin Collection, Part 11: A Puzzling Price for an 1822 Half Dollar

The Pogue Family Coin Collection, Part 10 – Gem Capped Bust Half Dollars

How about the Draped Bust 1807 half in Pogue I? What do connoisseurs of gem bust halves think of that coin and its price. The Pogue, PCGS graded MS-66 1807 brought $152,750 in May 2015. Another gem 1807 will be auctioned by Heritage in April. That same coin was auctioned by SBG for $129,250 on March 6, 2015. It is now PCGS graded 65+!

Draped Bust 1807 Half Dollars, with mention of a Gem Quality Coin ‘in the news’!