What does PQ mean?

Bugs · September 19, 2003 4:22PM

I've seen this quite a few times and have tried to figure it out...to no avail...someone please respond, what does PQ mean?

Thank you,
~*Bugs*~

Placid · September 19, 2003 4:23PM

Premium Quality

gsaguy · September 19, 2003 4:59PM

It means someone is trying to justify the really stupid price he's asking for a coin.

GSAGUY

Baley · September 19, 2003 5:04PM

PQ means he's selling.
"Average" or "nothing special" is what they say when YOU'RE selling.

Bugs · September 19, 2003 5:08PM

You mean it is all in the eyes of the beHOLDER???

~*Bugs*~

JoyofCollecting · September 19, 2003 5:53PM

It means the seller believes his grading is accurate and not exaggerated on this one coin.

291fifth · September 19, 2003 6:07PM

All grading is in the eye of the beholder. PQ means that the seller feels the coin is exceptionally nice for the grade. You may or may not agree as the term is often misused.

FrattLaw · September 19, 2003 6:18PM

It's the opposite of POS.

Michael

jonesy · September 19, 2003 10:41PM

Depends on the seller.

BillJones · September 19, 2003 10:48PM

After reading all of the cynical responses, I think would be fair to say that some coins, which have the same numerical grade on them, are better than others. Such coins are often easier to resell and on occasion they become crack-out candidates that might come back with higher grades.

Yes, the term, “PQ,” has been and can be abused, but if you believe that all coins within given grading number are the same, I would suggest that you need to become more observant and brush up on your grading skills.

puff · September 19, 2003 11:08PM

Over Hyped!!!

Much over used term to "sucker" the newbies, (on Ebay inparticuler), to refer to a "high-end" graded coin. Beware of sellers/dealers that use this term on Ebay.

Baley · September 20, 2003 5:33AM

Bill, since placid answered the question I think the rest of us were just cracking wise.

("PQ" I had wondered at myself, a couple of years ago when I reentered the hobby after 15 years off, keep seeing and hearing pq and I'm like, what the..until I saw it spelled out one time)

of course, like most buzzwords, the term PQ is useful and conveys a concept.
it is just so over- and mis-used it's funny.

barberlover · September 20, 2003 6:44AM

The most over used phrase when selling, the least often phrase used to describe your best stuff [by dealers] when they look at your coins for buying.

PQ by the seller always means they want more money, Bill, thats not cynical, it's a fact of life in this hobby/buisness.

Les

MapMaker · September 20, 2003 10:04AM

* = Premium Quality on New NGC Holders! The few coins I noticed with * on NGC brought PREMIUM PRICES! This is coming from a "Dyed in the Wool" PCGS man as every coin I own is in a PCGS Holder. I still wouldn't buy the NGC *'s as I feel you pay to much premium and still could not get a PCGS upgrade.
Probably most all would cross over to PCGSas same grade but why pay a premium price and chance just a same grade crossover? Boy this coin collecting is getting complicated! I'm glad I sold my collection and going to enjoy my STATEHOOD QUARTER MAPS and really enjoy collecting again.
Regards, MAPMaker.
P.S. Don't use the word "investment' around me after 20 years of "investments I made a big fat goose egg and no interest. My story on that later!

roadrunner · September 20, 2003 11:59AM

PQ is determined AFTER the fact. When a knowledgeable buyer and seller get together and agree to transact a coin at levels higher than normal at that time, it was likely a PQ coin. Today I sold a common date NGC MS64 trade dollar for $2750 to a dealer. That was $100 over CDN ask. The coin was PQ. All grades have PQ coins. The game is to buy them for no premium and to sell them for strong premiums. I suspect my coin was PQer than I thought. The other part of the equation is to somehow try to figure out what PQ money is.

roadrunner

joejeweler · September 20, 2003 12:11PM

"What does PQ mean?"......well, as has been pointed out regarding coins it is of course designating "premium quality".........

.......BUT.......as some of you ladies might have experienced from the love of your life at one time or another it might also stand for......."Pretty Quick"

!
(NOT a good thing in this case .

)

littlewicher · September 20, 2003 12:19PM

<< <i>* = Premium Quality on New NGC Holders! The few coins I noticed with * on NGC brought PREMIUM PRICES! This is coming from a "Dyed in the Wool" PCGS man as every coin I own is in a PCGS Holder. I still wouldn't buy the NGC *'s as I feel you pay to much premium and still could not get a PCGS upgrade.
Probably most all would cross over to PCGSas same grade but why pay a premium price and chance just a same grade crossover? Boy this coin collecting is getting complicated! I'm glad I sold my collection and going to enjoy my STATEHOOD QUARTER MAPS and really enjoy collecting again.
Regards, MAPMaker.
P.S. Don't use the word "investment' around me after 20 years of "investments I made a big fat goose egg and no interest. My story on that later! >>

The * on NGC holders DOES NOT mean premium quality. It means it has really nice eye appeal. They don't just hand this out either.

What does PQ mean?

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