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<p>[QUOTE="Vess1, post: 1044988, member: 13650"]I have to agree with Ken. From what I understand, NGC's prices are for coins that are slabbed by them with a known grade assigned by them. Even then, it's impossible for every price to be spot on. With varying demand by the day, hour, minute, etc.... I'd say it's the best they can do to make a printed guide available. As a guide, I would say it's efficient enough, realizing that the prices will rarely be dead on. </p><p><br /></p><p> It's a matter of your opinion about it. If they list a MS64 coin for say...$210 and you go on ebay and buy it for $185, was their price "guide" worthless? I guess the point is, if you look up a coin on their website and it lists for $150 in a certain grade, there's no way you're going to go on ebay and get it for $40. I'd put money on it that you won't be able to buy it for less than $100. So if you buy it for $20 less than their guide says, was the guide worthless? I mean, that's just how it works. I think they have the most comprehensive guide available. In my experience, most of the time stuff sells slightly back of the NGC listed prices. The higher the value, the deeper the discount that is usually found. Like a $400 coin can probably be had for $350. But not $280.</p><p><br /></p><p> The grey sheet is useful for only a small fraction of what is out there. It's far too general and covers very little. Few grades are listed for all but the most popular coins. For most stuff, you can't even use it because there's nothing listed.</p><p><br /></p><p> The NGC guide is formulated by information collected from dealer sales throughout the country. The market is fluid, so no guide can be expected to be exact all of the time. </p><p><br /></p><p> I would also agree that you have to be careful trusting what people bid stuff up to on ebay. Some coins are slabbed, known and common with many, many people paying a general range that can be reviewed. Proof commemoratives for example. Others are bid up over fancy photography and don't warrant the price. Some shouldn't even be purchased but people bid them up anyway.[/QUOTE]</p><p><br /></p>
[QUOTE="Vess1, post: 1044988, member: 13650"]I have to agree with Ken. From what I understand, NGC's prices are for coins that are slabbed by them with a known grade assigned by them. Even then, it's impossible for every price to be spot on. With varying demand by the day, hour, minute, etc.... I'd say it's the best they can do to make a printed guide available. As a guide, I would say it's efficient enough, realizing that the prices will rarely be dead on. It's a matter of your opinion about it. If they list a MS64 coin for say...$210 and you go on ebay and buy it for $185, was their price "guide" worthless? I guess the point is, if you look up a coin on their website and it lists for $150 in a certain grade, there's no way you're going to go on ebay and get it for $40. I'd put money on it that you won't be able to buy it for less than $100. So if you buy it for $20 less than their guide says, was the guide worthless? I mean, that's just how it works. I think they have the most comprehensive guide available. In my experience, most of the time stuff sells slightly back of the NGC listed prices. The higher the value, the deeper the discount that is usually found. Like a $400 coin can probably be had for $350. But not $280. The grey sheet is useful for only a small fraction of what is out there. It's far too general and covers very little. Few grades are listed for all but the most popular coins. For most stuff, you can't even use it because there's nothing listed. The NGC guide is formulated by information collected from dealer sales throughout the country. The market is fluid, so no guide can be expected to be exact all of the time. I would also agree that you have to be careful trusting what people bid stuff up to on ebay. Some coins are slabbed, known and common with many, many people paying a general range that can be reviewed. Proof commemoratives for example. Others are bid up over fancy photography and don't warrant the price. Some shouldn't even be purchased but people bid them up anyway.[/QUOTE]
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