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1931s why is it extremely undervalued
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<p>[QUOTE="DANIEL HENRIQUEZ, post: 4288010, member: 76821"]Well, here the short, skinny and the real truth. Although NGC, PCGS and a new 3rd is in the business of Grading and valuing, they ALL 3 use sales from Ebay, Amazon and a few other auction sites to ascertain a value yet, ALL these sites are "discount" sites and do not sell at retail. Because of this, even the 1931 S Lincoln cent is under-valued mainly because no one goes to these sites to pay top dollar. On the contrary, coins are sold at discounts and are great deals but, they are not indicative of the actual intrinsic or numismatic value in the least including the fact Grade and population of such is also NOT used. So, I caution you not to use NGC or PCGS as guides to value but, do use them to understand low population then, take they value and multiply by 3.89 to gain the nearest "real" value. I hope this helps.[/QUOTE]</p><p><br /></p>
[QUOTE="DANIEL HENRIQUEZ, post: 4288010, member: 76821"]Well, here the short, skinny and the real truth. Although NGC, PCGS and a new 3rd is in the business of Grading and valuing, they ALL 3 use sales from Ebay, Amazon and a few other auction sites to ascertain a value yet, ALL these sites are "discount" sites and do not sell at retail. Because of this, even the 1931 S Lincoln cent is under-valued mainly because no one goes to these sites to pay top dollar. On the contrary, coins are sold at discounts and are great deals but, they are not indicative of the actual intrinsic or numismatic value in the least including the fact Grade and population of such is also NOT used. So, I caution you not to use NGC or PCGS as guides to value but, do use them to understand low population then, take they value and multiply by 3.89 to gain the nearest "real" value. I hope this helps.[/QUOTE]
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1931s why is it extremely undervalued
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