Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
Guides and Slabbing
>
Reply to Thread
Message:
<p>[QUOTE="tcore, post: 112093, member: 2949"]I have seen where the PCGS price guide has even been a bit behind for certain coins. The prices listed in the price guide were lower than what the coins were going for at auction. This happens occassionally for "hot" coins. So I don't think that every coin in there is overpriced all of the time as far as what certain coins are currently going for. I think it is valuable as a "Guide". If you see a coin listed for sale for $200 and you go to the PCGS price guide and see it at $125, $200 is probably too much to reasonably pay for it.</p><p> </p><p>I recently purchased a large cent. I was very confused when trying to figure out what to pay for the coin. It was listed for $26 in the Red Book, $125 in the current issue of Coin Values and $60 on the PCGS website. Auction prices I could find were all over the board too. In that case, I don't think that their price was necessarily off. I figured as long as I didn't pay more than $60, I was probably doing okay and would be comfortable with my purchase. So, I used all of my sources together as I guide. In my opinion, that is an acceptable use of the PCGS price guide.[/QUOTE]</p><p><br /></p>
[QUOTE="tcore, post: 112093, member: 2949"]I have seen where the PCGS price guide has even been a bit behind for certain coins. The prices listed in the price guide were lower than what the coins were going for at auction. This happens occassionally for "hot" coins. So I don't think that every coin in there is overpriced all of the time as far as what certain coins are currently going for. I think it is valuable as a "Guide". If you see a coin listed for sale for $200 and you go to the PCGS price guide and see it at $125, $200 is probably too much to reasonably pay for it. I recently purchased a large cent. I was very confused when trying to figure out what to pay for the coin. It was listed for $26 in the Red Book, $125 in the current issue of Coin Values and $60 on the PCGS website. Auction prices I could find were all over the board too. In that case, I don't think that their price was necessarily off. I figured as long as I didn't pay more than $60, I was probably doing okay and would be comfortable with my purchase. So, I used all of my sources together as I guide. In my opinion, that is an acceptable use of the PCGS price guide.[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
Guides and Slabbing
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...