Too high, I wouldn't really rely on it. Just do a search here on cointalk "PCGS Price Guide", and you'll get a boatload of results. Phoenix
Just looking at Lincolns, I have found it a little optimistic for PCGS Lincolns. I commonly see PCGS Lincolns go above their guide price on eBay - not the majority, but they are not hard to find. Even on Heritage, there are several above the PCGS pricing If you are trying to use it for other slabs or raw coins on eBay, it is nearly meaningless.
greetings! the best way to check coin prices, is to use sites like heritage's as well as other auction firms archives. you can compare coin to coin in all grades and slabs to see what the coin sold for. it also can give you yrs of price/grade info w/ photos. best wishes.....steve
I agree, this is more reliable than a blind price guide. But keep in mind most of these other large auction firms are adding a +/- 15% buyers fee into the final price. Of course, that means the buyer was still willing to pay that full price for the coin, but it's something to keep in mind. Just like how oftentimes the final prices on eBay will reflect the cost of shipping (i.e. often the final bid will be higher if S&H is lower and the opposite).
PCGS price guide reflects the dealer "ask" prices. I think that if you want a better indication of pricing, purchase a Bluesheet for $5, which lists dealer "bids." Generally speaking, retail customers won't be able to get coins at "bid," but if you can find a deal on eBay for a graded coin within a few points of "bid," I'd say you've done good.
Keep in mind that all price guides whether it's PCGS, Redbook, greysheet, Heritage and everything else will give you estimates [some good, some not so good] of what coins cost -- not what they are worth. Sometimes the market underprices them, sometimes it overprices them.
Like Phoenix said, do a search. You will find my opinion on the self-promoting PCGS price guide. ( I'm not a fan)
Any prices listed on Heritage the seller only gets $95 for every $115 the items shows. So if the item shows it sold for $230 the seller only got back $190. Always remember that when you are looking to buy and the seller says the item sells for such a price on Heritage. Also when sending items to Heritage it can take up to 6 - 9 months before they send you your money back. I always ask much lower then heritage prices when offering a coin to anyone for these reasons.
It is very high on some issues and low on other issues. Like any other pricing resource, it is just a guide.
on good thing about heritages' archives is that you can look at coins from yrs ago and see what each individual coin sold for at that given time. often you can track a coin as it will come back and sell at the auction house again. the same applies at many other auction houses. check retail sites as well and always try to bargain down if purchasing. go for what YOU feel is a fair price for the given coin. i also try to keep old coin worlds and catalogues to view what items were trading for at a given time. a coin is worth what an individual will sell for combined with what a buyer will pay. take your time when buying and be as informed as possible. best wishes and enjoy your hobby!! steve
It seems to me that early commems sell for roughly the PCGS price guide value of a coin 2 or 3 points lower, or conversely, 30-40% discount to the PCGS price. Guess the caveat to my comment..
I have sent some stuff into them and most the time they don't even put it in an auction for 2-3 months. Most of this is Foreign as well and that might make a difference.
You do have the option of what auction it goes into. But if you do not specify an auction then yeah, they will hold the item until that auction comes. Of course you can wait until right before that auction before sending things in too. But the way you made it sound in your first post on this subject you made it sound like Heritage makes you wait months and months to get your money after an auction. They do not.
There pretty good about getting the money back to me after the auction but I sent in some Canadian Large Cents and Half Dollars and they didn't even put them into an auction for 4 months.
