I have some PCGS slabbed coins for which the PCGS database is incorrect. If corrected it would move my coin into a much lower population. Say from 1,500 to 20. Some dealers that I've spoken to tell me that the coin is more valuable as is, (uncorrected) than if I get the database corrected. That sounds counter-intuitive but sometimes life can throw a curve. I'd love to hear what other collectors think??
What in the PCGS database is incorrect? Maybe it's just too late in the day, but I have no idea why an incorrect database would affect a coin's value one way or another. Unless the value in the database was incorrect and a buyer blindly followed it.
It is a signed ATB 5oz. The database doesn't reflect that is is signed. But my point isn't so much that if it is correctly listed it will drop it into a lower population group. My point is that I'm being told by some that it is worth more (to some people) if it ISN'T correctly listed in the PCGS database. And that doesn't make sense to me.
OK, that explanation makes sense for my question. As to the part which has you mystified (as it does me), there are some Beanie Baby collectors (politest term I can think of) who assign extra value to "mistakes" like that.
I seriously doubt it. I guess there could be a handful of people that maybe it is but I bet the dealers that told you that wouldn't put their money where their mouth is and pay up for it. I would get it fixed if it was mine
You never know about this type of stuff. Short term there may be a few extra bucks to be made. Long term it seems like things like this don't make much of a difference.
It does seem very odd, but there are a lot of things about coin values and what drives those values that are odd and at times makes no sense. Just figured this might be another one.
