Certification numbers on slabs

Discussion in 'Bullion Investing' started by slackaction1, Sep 25, 2024.

  1. slackaction1

    slackaction1 Supporter! Supporter

    When I look the numbers up on either PCGS or NGC then select price to see what the grading companies says it worth. How accurate are those realized prices? They seem way too high for what I paid for it. I paid 700.00 with ship included, for a 2001 1/4 oz gold graded 69, Grading company got over a thousand on it what gives here. somebody lying here. I have bought from individual before so not worried about authentication.
     
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  3. Collecting Nut

    Collecting Nut Borderline Hoarder

    When did you buy this piece? And how much was gold per ounce at that time? Look at golds price today. It’s time to compare.
     
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  4. geekpryde

    geekpryde Husband and Father Moderator

    Consider those prices listed to be "full retail" or "high retail".

    They are not necessarily based on auction records like you would lookup yourself via ebay auctions or HA.com or GreatCollections or elsewhere where bidding establishes the final price of the item.

    They are a guide of what you might expect to pay for a coin from a dealer retail shop or buy-it-now ebay or other fixed priced sales.

    Even then, its simply a guide. Its more about distinguishing between a $100 coin and a $10,000 coin than giving you an exact price of $333.

    So consider it getting you into the "ballpark" of the value of the coin.

    Like @Collecting Nut said, Gold has been taking so very large swings lately in the upwards direction, so day-to-day pricing changes alot of a coin with gold content. That alone could explain why the retail pricing is higher now than even it was a week ago.
     
    Last edited: Sep 25, 2024
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  5. Lon Chaney

    Lon Chaney Well-Known Member

    Look further down in the page and research.
    For example, Coinfacts says this coin is $160 in a 65, but recent auction records suggest it's more often in the $100-$120 range.
    The 04/20 HA auction is throwing it off, but looking at that, it was in an old NGC holder and it was at the height of Covid, so it's safe to assume somebody wanted to blow their stimulus money.
    upload_2024-9-25_12-21-36.png
     
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  6. slackaction1

    slackaction1 Supporter! Supporter

    Okay thanks for the information!!! Nut I bought it yesterday gold price estimate 2655.00 PCGS #71418766 the other was a 2000 MS 69 #71454316 so I picked 2001 because of price difference according to PCGS Numbers. Cut their numbers in half would much be closer.
     
    Last edited: Sep 25, 2024
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  7. slackaction1

    slackaction1 Supporter! Supporter

  8. RonSanderson

    RonSanderson Supporter! Supporter

    I wanted to see these two a bit better, so I went ahead and edited the photo. It then seemed a shame to just keep it to myself.
    IMG_0806.jpeg
     
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  9. Joshua Lemons

    Joshua Lemons Well-Known Member Supporter

    I find price guides to be fairly inaccurate most of the time. Sold listings are usually a better gauge of where coins stand in the market. In fact, if a seller ever responds with "price guides at..." I steer clear because they usually want too much for a coin I can get cheaper elsewhere.
     
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  10. slackaction1

    slackaction1 Supporter! Supporter

    OH...GOOD JOB RON!!! MUCH BETTER
     
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