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How much of a premium do coins carry when certified by PCGS or NGC?
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<p>[QUOTE="imrich, post: 1400990, member: 22331"]<b>Premium Generalities For TPG Certified Dollars</b></p><p><br /></p><p><br /></p><p><br /></p><p><b>As a competitive volume buyer of "Top Tier" TPG "mint state" dollars, I can tell you there definitely is a premium. The premium logically is dependent on the coin grade, date, attributes, certifier, etc..</b></p><p><b><br /></b></p><p><b>A general rule of thumb for generic "common date" coins is that the premium when purchased in a competitive venue is approximately slightly less than the cost required to have that "raw" coin certified/slabbed. The general premium when purchased from a dealer is relatively greater, as they will often use various unrealistic resources/documents (e.g. PCGS "price guide") to justify an appreciable premium above C.D.N. "Grey Sheet" which is normally used for acquisition.</b></p><p><b><br /></b></p><p><b>Regardless of what dealers tell you when buying your coins, they aren't selling using the same appraisal standard. Astute buyers recognize the "game", and generally purchase in venues having competitive "premiums".</b></p><p><b><br /></b></p><p><b>JMHO, based on significant experience. </b>:thumb:[/QUOTE]</p><p><br /></p>
[QUOTE="imrich, post: 1400990, member: 22331"][b]Premium Generalities For TPG Certified Dollars[/b] [B]As a competitive volume buyer of "Top Tier" TPG "mint state" dollars, I can tell you there definitely is a premium. The premium logically is dependent on the coin grade, date, attributes, certifier, etc.. A general rule of thumb for generic "common date" coins is that the premium when purchased in a competitive venue is approximately slightly less than the cost required to have that "raw" coin certified/slabbed. The general premium when purchased from a dealer is relatively greater, as they will often use various unrealistic resources/documents (e.g. PCGS "price guide") to justify an appreciable premium above C.D.N. "Grey Sheet" which is normally used for acquisition. Regardless of what dealers tell you when buying your coins, they aren't selling using the same appraisal standard. Astute buyers recognize the "game", and generally purchase in venues having competitive "premiums". JMHO, based on significant experience. [/B]:thumb:[/QUOTE]
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How much of a premium do coins carry when certified by PCGS or NGC?
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