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<p>[QUOTE="iloveallcoins, post: 2929763, member: 91550"]First of all I like your post. Well thought out and you are on the right track. But PCGS has been dropping these prices the whole time. It has been a bunch of small drops leading to big drops.</p><p><br /></p><p>The problem I am seeing though is with each drop it makes buyers standoffish and they avoid buying waiting for the next price drop. I am not saying that PCGS prices don't reflect recent auctions sales.</p><p><br /></p><p>I am simply saying that regular price drops are eroding away the market. IF PCGS were to take a 1909 S VDB in MS64RB and drop their price guide value to $1000 you would see the prices steadily fall until you started to see them selling for $1000. Buyers would feel ripped off if they were paying more.</p><p><br /></p><p>1948 D Franklins in the last 30 days on ebay have sold for up to $550 and of the 4 that sold none sold for less then the $450 price guide value. That shows they are seriously out of touch with values, There are 1000s more examples I see on a daily basis thats why that baseball guy is just irritating. The market is just bigger then no reserve auctions from the top 3 auctioneers.[/QUOTE]</p><p><br /></p>
[QUOTE="iloveallcoins, post: 2929763, member: 91550"]First of all I like your post. Well thought out and you are on the right track. But PCGS has been dropping these prices the whole time. It has been a bunch of small drops leading to big drops. The problem I am seeing though is with each drop it makes buyers standoffish and they avoid buying waiting for the next price drop. I am not saying that PCGS prices don't reflect recent auctions sales. I am simply saying that regular price drops are eroding away the market. IF PCGS were to take a 1909 S VDB in MS64RB and drop their price guide value to $1000 you would see the prices steadily fall until you started to see them selling for $1000. Buyers would feel ripped off if they were paying more. 1948 D Franklins in the last 30 days on ebay have sold for up to $550 and of the 4 that sold none sold for less then the $450 price guide value. That shows they are seriously out of touch with values, There are 1000s more examples I see on a daily basis thats why that baseball guy is just irritating. The market is just bigger then no reserve auctions from the top 3 auctioneers.[/QUOTE]
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