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<p>[QUOTE=&quot;Lehigh96, post: 1510910, member: 15309&quot;]The fact that PCGS coins bring higher prices is absolutely relevant to the discussion as is the fact that the TPG&#039;s employ different grading standards for the series.&nbsp; I don&#039;t have any idea what you are looking at but for the three date/mm that you listed, Numismedia values PCGS coins less that Numismedia Retail which was the guide linked in this thread.&nbsp; </p><p><br /></p><p>1954-S/D MS66:&nbsp; Numismedia Retail $660 vs Numismedia PCGS $485</p><p>1954 MS66:&nbsp; Numismedia Retail $32 vs Numismedia PCGS $24</p><p>1959-D MS66:&nbsp; Numismedia Retail $42 vs Numismedia PCGS $31</p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p>That is not what I said.&nbsp; Here is a specific quote of what I said.</p><p><br /></p><p><br /></p><p><br /></p><p>Please note the bolded sections of my statement.&nbsp; First, I clearly stated that PCGS Price Guide is a full retail price.&nbsp; If you or anyone else had a question about what that meant, then you should ask.&nbsp; Despite the fact that price guides give a single monetary value, almost all use a range of past prices realized to calculate their value.&nbsp; PCGS takes the top performing coin in the range and lists that as their Price Guide value, hence my term, full retail.&nbsp; Secondly, I advised him to use past auction archives of <b>PCGS COINS ONLY</b> to determine market value.&nbsp; </p><p><br /></p><p><br /></p><p><br /></p><p>It looks a tad off from reality because you don&#039;t know what you are doing.&nbsp; You broke the golden rule!&nbsp; I clearly stated that when you try to obtain a market value for a PCGS premium gem Jefferson Nickel, you must look at <b>PCGS COINS ONLY</b>!&nbsp; The actual realized sales price of $632 that you have listed is for an NGC graded coin.&nbsp; But have no fear, if you look at that same link and go down to the Previous Prices from Heritage Auctions section, you will see three prices listed for past PCGS Coins.&nbsp; The average of these three prices is $1,840.&nbsp; PCGS Price Guide lists the coin at $2,500 which means there was probably another coin sold by Stacks or Goldberg etc, that sold for $2,500.&nbsp; It really doesn&#039;t matter which price guide is closer monetarily.&nbsp; The fact is that if Elijah uses the Numismedia PCGS price to value Jefferson Nickels, his collection will be non existent because he will be outbid on every coin and every BIN price will be too high as well.</p><p><br /></p><p><br /></p><p><br /></p><p>For this date/mm you simply chose the lowest of the three PCGS coins.&nbsp; The average of the three is $95.33.&nbsp; The 1954 philadelphia Jefferson is one of the toughest dates in the entire series.&nbsp; My registry set is missing only 6 coins, the 1954 is one of the six.&nbsp; But I promise you, if I find a high end PCGS MS66 or an NGC MS67, I will gladly pay over $200 to obtain the coin.&nbsp; For a run of the mill PCGS MS66, about $100 sounds right.&nbsp; Another promise I can make is you are not going to get one of only 33 PCGS top pop graded coins for this date/mm for $11.</p><p><br /></p><p><br /></p><p><br /></p><p>Now I am glad you picked this coin because I own it.&nbsp; This coin is a high end PCGS MS66 and would probably crossover to NGC as an MS67.&nbsp; My max bid on this coin was $144 with BP which is above PCGS Price Guide.&nbsp; I got it for a steal because that is what happens during HA Tuesday Internet Auctions.&nbsp; The HA weekly internet auctions seem to get much less traffic than E-Bay or Teletrade, IMO.</p><p><br /></p><p><img src="http://i117.photobucket.com/albums/o59/ACPitBoss/Jefferson%20Nickel%20Registry/JN1959-DPCGSMS66.jpg" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /></p><p><br /></p><p>The average price of PCGS coins for this date/mm is $65, and again, you will not get a PCGS coin anywhere near $31 with a scant population of 40/0.</p><p><br /></p><p><br /></p><p><br /></p><p>My advice was not to use Numismedia anything for PCGS graded Jefferson Nickels and it is very sound advice.&nbsp; I own the 3rd ranked Jefferson Nickel set in the NGC registry and the 2nd ranked Jefferson War Nickel set in the NGC registry.&nbsp; I have owned every major variety of Jefferson Nickel and have dedicated myself to the series for the last 3 years.&nbsp; I have read every book several times and have written several articles about Jefferson Nickels that have been very well received by all of the major coin forums.&nbsp; I have bought and sold hundreds of Jefferson Nickels over the last 3 years and fully understand the subtle nuances of grading and pricing Jefferson Nickels.</p><p><br /></p><p>If the OP wants to believe either you or that BUdude, then that is his prerogative to make such a grievous error![/QUOTE]</p><p><br /></p>

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