Coins that are more expensive in lower grade

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Wasn't there a recent year where Krause completely missed countries? There were actual missing pages, complete with a page numbering skip.

 

How about the 40% Silver Ike dollar? Uncirculated examples are plentiful & cheap at $10 or less.

But I bet you'd have to pay more for a straight-grade G-4 -- if you can find one for sale. Conditional rarity, right? Especially so because I doubt any silver Ikes would ever circulate very long.

My neighbor has an Ike pocket piece he's carried for over 40 years. Worn almost beyond recognition. He refuses to sell -- says he wants to be buried with it.

 

15 - 20 years ago Krause Publications was still owned by Chester Krause and had a much larger staff. Then KP was sold to F&W Press and staffing was slashed and the budget was cut. Starting with the 32rd edition the errors skyrocketed. Since then the staff has continued to be cut. Last I knew, the 500 years worth of listings and hundreds of thousands of price listings, plus all the reformatting needed for the added listings in the 21st edition, and the proofreading is all being done by a staff of 8 people or less. KP really needs to be purchased by Whitman or someone that would be willing to put serious staff and money into the Standard Catalogs.

More than one. One year they even had to produce a CD-ROM of the countries that got left out.

 

While I know that Proof is not a grade, sometimes AU coins will be more valuable than proof coins.
As for the 1950-D it's true they were hoarded and easier to find in higher grades,
but the price is not more in circulated grades.
I find that the NGC world coin price site, often has 2 columns that are shifted
where all the coins in F are $20 and all the coins in XF are $10. So it's easy to assume it is the other way around and it's just a typo.

 

In reality the prices of low grade CC dollars don't make any sense compared to other Morgans of the same rarity. The mere popularity and larger collector base made these sustain values over the decades, however, the GSA release should have corrected these values, but did not. There still remains a historic sentiment toward the CCs, which keeps the low grade values up.

 

Completely different topic than the programming glitch that was being asked about.

 

Why not read the rest of the posts...the discussion (and the original question) included coins where a higher grade sold at a lower price.

 

Because "base" liveth by the tech, and dieth by the tech, always and forever. I hold my tech at a respectable arm's length. We're "just friends".

 

Nah. You strike me as a hugger

 

I have been an avid collector of World Coins for over 20 years. Based upon worsening glitches in the NGC/Krause data since about 2015, it is clear that values listed in editions since then should be scrutinized when arriving at the true value of a given coin.

Generic examples of glitches are as follows:
1. Catalog values of a few coins are shown 10 times that of an edition a few years earlier. Portuguese India is an example. An earlier edition would normally be the more trusted value unless other references validate the listed value.
2. Conversely, recent edition values are a relatively small fraction of the values from an earlier edition.
3. A column for MS 63 values is occasionally added and another grade column is deleted (F or VF for example). The values listed under the columns are frequently shifted “right” so the old MS 60 value becomes the new MS 63 value as an example. Other similar shifting of columnar values appear to occur.
4. Other random glitches with no logical explanation of listed values.

Frank Robinson, an Ancient and World Coin dealer (often mentioned in Coin Talk) indicated in his fixed price lists that he does not trust the more recent editions for pricing World Coins. Frank, or others, please correct me if I misstated this.

 

Ignoring the programming/price guide glitches that the OP shows - the question is actually an interesting one.

Besides the insane prices of lowball coins, are there any cases where a lower grade may actually be worth more than a higher grade?

And the answer in my mind is "yes." Think about the difference between an AU-58 and an MS-60/61 coin - 60/61s are usually beat up, borderline problem coins. However, AU-58's can often be very attractive. They just have a little wear. So, I would not be surprised if there were plenty of coins where AU-58's traded for more than 60s.

 

The lowball phenomenon is interesting. But if you think about it rationally,
it's not worth more even if people are paying more. That's just a Beanie Baby bubble waiting to burst.
You come in with some P-01 Morgan and you want some ridiculous amount,
and the dealer offers you melt. "BUT IT'S A P-01!"
Those things are only going to be worth more inside the community that values them higher than the rest of the world. That's why it's a fad/ bubble that will burst. It's not universally accepted that it is worth more.

 

There are people who say the same thing about toning. A few decades ago toning was seen as a bad thing and everyone would dip their coins.

 

1884 CC Morgan, unsurprisingly

 

Could you explain what you mean? The price guide shows a steady increase (as expected): https://www.ngccoin.com/coin-explorer/morgan-dollars-1878-1921-pscid-49/1884-cc-1-ms-coinid-17152

I'm curious to hear your experience.