How accurate are the Price guides?

denali12

As a new collector, and especially PCGS coins, was wondering how accurate the price guides on the PCGS site are?. Been collecting Kennedy, Eisenhower and franklin PCGS coins and wondering on some differences between what they say a coin is worth and what they are going for on either ebay or a coin show. Seem much more to ask side than bid side.



Thanks for any input to help a new collector!

sparky64

Go to PCGS CoinFacts.

Look at the price guide for your coin(s).

Then investigate the next section or two below....Auction results.



That should give you an idea but it's far from perfect. A start.

Toning, etc. will influence prices.



Edit: Oh, and I forget to say

Glad you're here.

Steve27

For Kennedy, Eisenhower and Franklin coins, I would use the "Advanced Search" "Sold" function on ebay as my price guide.

denali12

Originally posted by: sparky64

Go to PCGS CoinFacts.

Look at the price guide for your coin(s).

Then investigate the next section or two below....Auction results.



That should give you an idea but it's far from perfect. A start.

Toning, etc. will influence prices.



Edit: Oh, and I forget to say

Glad you're here.

oh had not even noticed that! thank you so much for the input.. that helps alot

denali12

Originally posted by: sparky64

Go to PCGS CoinFacts.

Look at the price guide for your coin(s).

Then investigate the next section or two below....Auction results.



That should give you an idea but it's far from perfect. A start.

Toning, etc. will influence prices.



Edit: Oh, and I forget to say

Glad you're here.

thanks! been spending some time reading the forum- some very good information

lablover

Welcome aboard...enjoy the ride!!!

grip

Originally posted by: Steve27
For Kennedy, Eisenhower and Franklin coins, I would use the "Advanced Search" "Sold" function on ebay as my price guide.

This.

Perfection

For the top coins they are usually only a guide.
As a coin gets more expensive, the strike, and the eye appeal
are worth more and more money. You can see examples of this
easily in the auction results. The bust halves in the last Fun HA sale
brought top money because of their appearance and also on the
possibility of being upgraded. If I am buying a coin for
9K, I would much rather pay 11K and have the most beautiful example.

Goldminers

You should follow some of the advice above and look at auction results and real eBay sales. The Price guides are NOT that accurate especially in certain series or dates. This is especially true with modern coins in PCGS 70.

Many high priced ones have only 1-10 populations graded 70 for example. The price guide will show these at a over priced level as they are backward looking. In many cases the populations increase in modern 70's and the next few buyers pay less than the guide. This drives down prices and the guides try to catch up. In most modern coins in 70, I advise studying the population changes and if they are increasing a lot, pay below the guide or you could regret it.

Spooly

Here's how it works... you pay the top price to buy. You get the bottom price when you sell.