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<p>[QUOTE="GDJMSP, post: 3087930, member: 112"]Norm - </p><p><br /></p><p>The graph I posted comes from PCGS, you can access it here - </p><p><a href="https://www.pcgs.com/prices/frame.aspx?type=coinindex&filename=index" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://www.pcgs.com/prices/frame.aspx?type=coinindex&filename=index" rel="nofollow">https://www.pcgs.com/prices/frame.aspx?type=coinindex&filename=index</a></p><p><br /></p><p>When you look at that page scroll down and you will see where it says - Market Segment Indexes. And one of those segments is the Morgan and Peace dollar Index. All of those combined are what make up the main index, the PCGS 3000 Index. The 3000 represents the rise and fall of the entire coin market as a whole. But the individual segments allow you see specific areas of the market. Explore, spend some time on that page and you'll get a better understanding of it.</p><p><br /></p><p>You also asked how I came up with the current market value of your coin. It's easy, I simply looked the most recent realized auctions prices for that specific coin. The 3 most recent sales were for $204 each, all 3 the same number. And that's why I said what you received was right in line with current market value for that specific coin. $192 - $204 - that's right in line.</p><p><br /></p><p>And that is what I always recommend that everybody do - look up recent realized auction prices when you want to know the current market value for any coin. And you do that by visiting the websites of all the major auction houses and searching their realized prices. That is the one and only accurate way of determining real world market value. </p><p><br /></p><p>And no, do not use ebay ! Using ebay will be as misleading as using price guides is. Use the major auction houses and ONLY the major auction houses. Most of the people who buy coins there actually know what they are doing. While most of those who buy coins on ebay have no idea at all of what they are doing. And that translates into their paying too much - most of the time anyway. Are there exceptions ? Yes, but exceptions do not disprove the rule.[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 3087930, member: 112"]Norm - The graph I posted comes from PCGS, you can access it here - [url]https://www.pcgs.com/prices/frame.aspx?type=coinindex&filename=index[/url] When you look at that page scroll down and you will see where it says - Market Segment Indexes. And one of those segments is the Morgan and Peace dollar Index. All of those combined are what make up the main index, the PCGS 3000 Index. The 3000 represents the rise and fall of the entire coin market as a whole. But the individual segments allow you see specific areas of the market. Explore, spend some time on that page and you'll get a better understanding of it. You also asked how I came up with the current market value of your coin. It's easy, I simply looked the most recent realized auctions prices for that specific coin. The 3 most recent sales were for $204 each, all 3 the same number. And that's why I said what you received was right in line with current market value for that specific coin. $192 - $204 - that's right in line. And that is what I always recommend that everybody do - look up recent realized auction prices when you want to know the current market value for any coin. And you do that by visiting the websites of all the major auction houses and searching their realized prices. That is the one and only accurate way of determining real world market value. And no, do not use ebay ! Using ebay will be as misleading as using price guides is. Use the major auction houses and ONLY the major auction houses. Most of the people who buy coins there actually know what they are doing. While most of those who buy coins on ebay have no idea at all of what they are doing. And that translates into their paying too much - most of the time anyway. Are there exceptions ? Yes, but exceptions do not disprove the rule.[/QUOTE]
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