PCGS and NGC price guides.

keets

How useful are these for pricing coins on a comparative basis?? As an example, a 1950 Proof Washington Quarter is priced at $160/PCGS and $450/NGC??

Al H.

winky

Who knows but I would go with PCGS on that one unless it's a PR68.

jesbroken

That is somewhat odd, as Numismedia which I thought to be controlled by NGC lists
the coin at $150. Most of the 1950 and earlier basic proofs appear to show great value
increases of late within the NGC value guide. Not a proof collector so can't add personal
experience. Thusly, I would select PCGS over NGC in this category as an additional asset
to auction sale records of late.
Jim

Walkerfan

The prices seem close in my series for most issues but with the Numismedia prices being a little higher.

blu62vette

I tried to guy some GSA's from a guy yesterday. HE quoted the guide which was about 4x retail, crazy. No auction data to support it so no idea where the numbers came from.

Use them as a loose guid and them go crunch your numbers !

Cougar1978

I have a column in a xcel spreadsheet I do for Market Value or what I call SELL (highest value from market value inputs).

Inputs are: TPG Priceguide, CW Values, Others may be: KRS (Krause Publications), CDN (CDN Bid x a percentage). The higher of these = SELL

I use NGC Priceguide for NGC Coins, PCGS Priceguide for PCGS. If ANACS, ICG and no CW Trends input will use PCGS value.

I have noticed there can be some differences between TPG priceguides. Since the @if function puts the highest price in SELL not really a problem for me.

My goal is to get more than cost, and the closer it is to SELL the better. I would go nuts if I tried to get into why NGC may be higher on a coin vs PCGS or vice versa. Obviously the easiest thing is to have all PCGS Coins and get your TPG price from the PCGS inventory manager. I would also input the CW Trends Value in the CW Column. The higher of the two = SELL. That way can tell wife coins doing really well lol.

In terms of the OP comparison on the 1950 quarter: Interesting comparison. My take was NGC coins were priced lower than PCGS (in their respective guides) but the last few months this does not seem to be the case the few instances I hae compared the two on the same coin. Perhaps NGC made some changes, updates, etc. In the case of such a large difference I would look at the auction data in Coin Facts to get a better feel for the situation, then develop my opinion accordingly.

Since I have hundreds of slabbed coins, I have enough to do just with TPG vs CW.

Text

Walkerfan

One must be cautious with auction prices, as they REALLY do fluctuate. Prices can be down for a few months and then they may jump right back up! If you sell to a dealer and he uses these lower price levels; you can get really fleeced of your cash. BE CAREFUL!

TopographicOceans

Some are close and some vary widely.

I tend to use PCGS and then deduct 1 point for a NCG coin

grip

Agree! But it can work both ways.

BillJones

When it comes to auction prices, neither one of them have been much good. I've bid on items that sold for double the listed prices, and the coins were nowhere near the finest graded. There is coin up sale right now that is well below the finest graded and has no CAC sticker. It's not in a PCGS rattle holder, which causes bidders to go crazy. It is toned, but the toning is not the kind of toning that brings super premiums. Yet, I think that if I bid 150%, of the PCGS price I would not get it.

I hate auctions . Ninety-nine percent of the time, the prices are not bargains, and 80% of the time the bids + the buyer's fee are way above the listed retail prices and even the previous auction results. That's why I prefer to buy directly from dealers. The price is set; you pay. There are no "I will pay any price" bidders who don't seem to care what they pay.

Yet this is supposed to be "a buyer's market." Not for anything that is on my want list.

cameonut2011

Neither is particularly accurate, but in the past, the NGC guide was more conservative. The reverse is now true in many (but not all cases). NGC has been increasing their prices and PCGS dropping them. I think PCGS is the most accurate for what I collect, but YMMV.

291fifth

For common items (just about anything after 1933) I'd use the lowest of the prices (and then probably go even lower unless I had a sure thing buyer). There is no reason to be generous or overpay when dealing in common items.

keets

for many years now I have been factoring the PCGS price guide at 60% for many listings and coming close enough to be realistic. my question was mainly aimed at a reason for the disparity in the two prices. granted, this is only a single coin in a single grade but it's a pretty wide difference. using the two companies guides for most coins isn't really helpful for me so the natural thought that follows is where do they get there prices from. I don't believe for a moment that it's from auctions for all but a very small number of coins.

roadrunner

I'd take Keets' 60% of PCGS price guide for a large % of routinely traded US coins. NGC value should or cannot be higher than that (in 98% of instances).

Cougar1978

I simply take the higher of CW Trends vs the relative TPG Price Guide price (high road) in computing market value / sell price.

machoponcho

Agree. 60% of PCGS price guide is a good round figure to work with for PCGS graded coins. It really varies between 50% to 75%. Got to have nice toning or other nice eye appeal to bring 100% of PCGS price guide. Of course, stellar toning or stellar eye appeal will bring multiples.

I have noticed the NGC price guide is really high for NGC graded coins, at least for the run-of-the-mill stuff I look at like Silver Washingtons in 66, older Jeffersons in 66 or 67. NGC price guide is more like 40% of the price they list. As for why PCGS is 60% and NGC is 40%, I do not know.

TwoSides2aCoin

It's a numbers racket in the plastic jacket.

ricko

I do not do auctions anymore.... just ridiculous between the fees and testosterone fueled

bidders..... I was using 70% PG... but I like Al's 60% better..... by the way... that 70% was where I considered possible final price.... not starting. Cheers, RickO

morgandollar1878

Some for pcgs seem to be realistic and some not so much. Everything that i have seen for across the street seems to be high or really high.