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<p>[QUOTE=&quot;bigjpst, post: 2480164, member: 21015&quot;]It is an interesting article. I have heard other dealers and collectors making a similar argument regarding the use of auction prices realized for putting a value on coins. Even if you take the grading standard out of the mix, human nature(or collector nature) is to not want to pay more for a coin than everyone else. Many people will take the previous auction prices realized and try to win for a little less than the last coin, and so on. Eventually this will lower the prices realized posted and lower the perceived value of the coin. </p><p>&nbsp;PCGS Coinfacts used to be great when people had to pay to use it. It seemed that most of the dealers and collectors who were willing to pay to get the pricing would actually look at the coins linked in the previous auctions and try to make their own determination if the coins were comparable. Now several auction companies don&#039;t even report sales anymore and the results are all over the map. Many people will just look at the numbers and won&#039;t pay more than the lowest previous result without looking to see if the coin is a dog or a gem.[/QUOTE]</p><p><br /></p>

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