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How PCGS determines pricing for their price guide
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<p>[QUOTE="eddiespin, post: 3044327, member: 4920"]The sad commentary about these plastic price guides is that all it takes is one bidder to believe in them and that's what the plastic sells for, or close to it. Take ten bidders and only one believes the coin is worth what the plastic guide says it's worth, while the other nine believe it's worth much less. That one bidder is going to win that coin at or close to its price in the plastic guide, because he's ready, willing, and able to bid it at that price, while the others aren't.[/QUOTE]</p><p><br /></p>
[QUOTE="eddiespin, post: 3044327, member: 4920"]The sad commentary about these plastic price guides is that all it takes is one bidder to believe in them and that's what the plastic sells for, or close to it. Take ten bidders and only one believes the coin is worth what the plastic guide says it's worth, while the other nine believe it's worth much less. That one bidder is going to win that coin at or close to its price in the plastic guide, because he's ready, willing, and able to bid it at that price, while the others aren't.[/QUOTE]
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How PCGS determines pricing for their price guide
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