Why is PCGS priceguide so high on this 1822 large cent?

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No idea. Have you checked the APR's for the issue/grade?

 

That is a nice looking AU-58.

The Grey Sheet number is only $550, but I've found the Grey Sheet numbers to be on the low side. When I was a dealer, I could not buy large cents for the numbers they quoted unless it was a piece with problems.

As for the "CoinFacts" numbers, they are usually what I would call high retail.

Here's the piece which is in my "one cent a year" set. It's graded EF-45.

 

Nice looking coin but I’m wondering if the PCGS price is high because they haven’t minted that coin 203 years.

 

Probably a small data pool to get pricing from. Check out the pricing for most Seated Quarters. Then go try and buy a few. james

 

About a month back I was smitten standing in a dealers shop with this one. Feeling under duress I quickly checked the PCGS price guide at $2400.00 and the NGC price guide at $2700.00. I was able to get it closer to $2000.00 so I was happy……. But I am a bit miffed by the wild swing you see with that old large cent. I sometimes wonder if these people are constantly updating these pages or if they have some algorithm that does the job for them.

 

My opinion of the Grey Sheet large cent prices is that they are a dealers’ dream list. You can’t buy the coins for those prices from knowledgeable sources.

 

The Grey Sheet large cent numbers, especially for the early dates, have been wrong (too low) for many years. If the large cent specialty dealers have been paying Grey Sheet prices and selling at “CoinFacts” or EAC prices, they must be the richest dealers on the planet.

 

It's a great looking AU 58 and a good price at $935.
USA Coin Book has 1822 AU 50 listed at $919.

 

They probably use AI. Lol

 

The 1821 and the 1823 are the two "key dates" among the Matron Head cents (1816 to 1839). I paid a fairly high price for this 1821. It is graded AU-58.



I didn't want to sink a fortune into the 1823 so I bought this one.

 

You just made me ask you a question! Those camera apps that give you grade and coin value, are they anywhere in the ballpark? Closer than Pluto? (I don't have the app so it's a legitimate question).

 

Sorry but I don’t have a clue. They may be somewhere in this solar system but I just don’t know. I doubt it but you never know.

 

We had someone post an electrical slug that AI told him was a rare and valuable coin if that tells you anything.

 

AI is just starting. It will undergo lots of changes. Right now, it’s terrible and can’t be trusted.