Coins that are more expensive in lower grade

This is a very annoying glitch in the NGC/Krause database, which affects at least dozens of types (and who knows, maybe hundreds). I encounter it all the time.

I guess if you carry that MS60 coin in your pocket long enough to wear it down to XF40, they're paying you for the work by making the lower grade more valuable.

Seriously, though, it's an error, a very common one with them, and I wish they would fix it (and all the others). But the catalog is huge and their staff, as I understand it, is tiny.

 

Makes you wish they'd find a way to take on some volunteer proofreaders, or maybe put a "report errors" link on every type's page.

 

Nope.

 

Sure, 1950-D nickels are more common in Mint State than in circulated grades. That doesn't make the MS coin worth less than the circulated one! Sure, it might narrow the price spread, but a circulated coin will never be worth more than a Mint State example in the real world, or everyone would "circulate" their MS coins to reduce them in grade, which is an absurdity.

This is, as mentioned, merely a catalog glitch with which this particular database happens to be plagued.

 

But it's still worth more than the G4.

 

Thats Beaker, isn't it? See if I'm up on my Muppet trivia.

 

Sorry. Must've flown right over my head. (It happens.)

 

NO. This is a glitch, pure and simple. There are far too many cases of it in the database. Including on very cheap, common types that don't sell at major auction. Trust me.

Scenarios like you mentioned do happen on an individual case-by-case basis, but not, to my knowledge, enough to affect catalog pricing in absurd ways like this.

The coin in the OP is a relatively common type.

The column error is also, sadly, very common.