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<p>[QUOTE=&quot;Kasia, post: 2931239, member: 31533&quot;]Here&#039;s an idea.. if the pcgs prices are based on dealers average asking prices, then the issue lies in the population that the dealers used in this pool to find an average. In other words, If the market, say for Jefferson nickels minted between 1938 and 1963, starts slowing down because most collectors have a good, full or nearly full collection of the ones they want in their collection, and not too many new collectors are going for these, with the exception of picking up one for a 7070, will those pcgs dealers be likely to substantially reduce their asking price to the point they are actively selling again and can then start thinking of raising prices again? I would say that behavior goes against what a dealer is out to do... maximize profit and not lose his inventory for less than it both cost him to acquire, but also including the costs of holding on to them and marketing them, etc.</p><p><br /></p><p>In fact, you also have a cohort used where there may be no actual policing of their prices other than what they say they are asking. Therefore, the price guide reflects more what dealers want and think they should be able to get, based on, at least partially, how liquid they have to be with that stock. In times of rising demand, dealers are likely ready to recognize if they sold too cheap, so prices are able to rebound and not stay deflated in times of quick sales and demand. but conversely, less likely to cave in to perceived lower demand and quickly lower their asking price. So it seems that financial considerations by dealers is more likely to favor higher prices in the price guide, ones perhaps that no dealer is actually getting for non-pq coins in a grade than to favor a lower price than the coin is generally sold for.[/QUOTE]</p><p><br /></p>

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