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PCGS Coin "Values" - why inflated?
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<p>[QUOTE="dreamer94, post: 235251, member: 6449"]On the other hand, PCGS seems to "grade the hardest". Based on that, there's no question that PCGS-graded coins are worth more than a comparable grade assigned by another TPG. However, what I was referring to was the fact that the prices listed on the PCGS price guide are generally much higher than the actual selling price for PCGS-graded coins. </p><p> </p><p>As an example, a recent Heritage Auction sold several PCGS-graded 1909-S VDB Lincoln cents in MS64 RB for prices ranging from $2116 to $2415. </p><p> </p><p><a href="http://coins.ha.com/common/view_item.php?Sale_No=434&Lot_No=1219&src=pr" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://coins.ha.com/common/view_item.php?Sale_No=434&Lot_No=1219&src=pr" rel="nofollow"><u><span style="color: #0000ff">1219</span></u></a> </p><p> </p><p><a href="http://coins.ha.com/common/view_item.php?Sale_No=434&Lot_No=1220&src=pr" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://coins.ha.com/common/view_item.php?Sale_No=434&Lot_No=1220&src=pr" rel="nofollow"><u><span style="color: #0000ff">1220</span></u></a> </p><p> </p><p><a href="http://coins.ha.com/common/view_item.php?Sale_No=434&Lot_No=1221&src=pr" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://coins.ha.com/common/view_item.php?Sale_No=434&Lot_No=1221&src=pr" rel="nofollow"><u><span style="color: #0000ff">1221</span></u></a> </p><p> </p><p>The PCGS price listed for this coin is $3250, meaning that the guide is inflated by 43% over the average recent selling price of $2277.</p><p> </p><p>Therefore, the PCGS price guide isn't a very accurate estimate of the value of even PCGS-graded and slabbed coins. (At least for this example)[/QUOTE]</p><p><br /></p>
[QUOTE="dreamer94, post: 235251, member: 6449"]On the other hand, PCGS seems to "grade the hardest". Based on that, there's no question that PCGS-graded coins are worth more than a comparable grade assigned by another TPG. However, what I was referring to was the fact that the prices listed on the PCGS price guide are generally much higher than the actual selling price for PCGS-graded coins. As an example, a recent Heritage Auction sold several PCGS-graded 1909-S VDB Lincoln cents in MS64 RB for prices ranging from $2116 to $2415. [URL="http://coins.ha.com/common/view_item.php?Sale_No=434&Lot_No=1219&src=pr"][U][COLOR=#0000ff]1219[/COLOR][/U][/URL] [URL="http://coins.ha.com/common/view_item.php?Sale_No=434&Lot_No=1220&src=pr"][U][COLOR=#0000ff]1220[/COLOR][/U][/URL] [URL="http://coins.ha.com/common/view_item.php?Sale_No=434&Lot_No=1221&src=pr"][U][COLOR=#0000ff]1221[/COLOR][/U][/URL] The PCGS price listed for this coin is $3250, meaning that the guide is inflated by 43% over the average recent selling price of $2277. Therefore, the PCGS price guide isn't a very accurate estimate of the value of even PCGS-graded and slabbed coins. (At least for this example)[/QUOTE]
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PCGS Coin "Values" - why inflated?
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