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<p>[QUOTE="GDJMSP, post: 3614767, member: 112"]Your question is somewhat similar to what you asked here - </p><p><a href="https://www.cointalk.com/threads/coin-imperfections.342987/" class="internalLink ProxyLink" data-proxy-href="https://www.cointalk.com/threads/coin-imperfections.342987/">https://www.cointalk.com/threads/coin-imperfections.342987/</a></p><p><br /></p><p>And the answer I'm going to give you is somewhat similar to the answer I gave you there, but also different. This is what makes it different - no price guide is accurate, none of them are. The absolute best you can hope to do is to use all the price guides to help you determine <b><u>a price range</u></b> for any coin in any grade. Another way of saying it would be this - there is no such thing as a set price for any coin.</p><p><br /></p><p>Here are examples of what I'm talking about. And for these examples I picked a coin that is not exactly the most common, not even truly scarce, and definitely not rare. It's kind of a middle of the road coin. I picked an 1881-CC Morgan MS65. And if you use Heritage and search their auction archives, this is what you see regarding the values listed by the price guides. And you can also see the pop reports.</p><p><br /></p><p>[ATTACH=full]968271[/ATTACH]</p><p><br /></p><p><br /></p><p>As you can see, values vary greatly between all the price guides. And this is what the coin actually sold for. And the actual sales price is different than any of the price guides. Not much for some but different all the same.</p><p><br /></p><p>[ATTACH=full]968275[/ATTACH]</p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p>Here's another example, same coin/date/mint, but again different.</p><p><br /></p><p>[ATTACH=full]968276[/ATTACH]</p><p><br /></p><p><br /></p><p>And here's the price guides/pops for this example.</p><p><br /></p><p><br /></p><p>[ATTACH=full]968277[/ATTACH]</p><p><br /></p><p><br /></p><p>Now that's just 2 examples that I chose from near the top of this list -</p><p><a href="https://coins.ha.com/c/search-results.zx?Nty=1&Ntk=SI_Titles-Desc&Ns=Time%7C1%7C%7CLot+No%7C0&N=51+790+231+382&Ntt=1881-CC+MS65&ic4=SortBy-071515" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://coins.ha.com/c/search-results.zx?Nty=1&Ntk=SI_Titles-Desc&Ns=Time%7C1%7C%7CLot+No%7C0&N=51+790+231+382&Ntt=1881-CC+MS65&ic4=SortBy-071515" rel="nofollow">https://coins.ha.com/c/search-results.zx?Nty=1&Ntk=SI_Titles-Desc&Ns=Time|1||Lot+No|0&N=51+790+231+382&Ntt=1881-CC+MS65&ic4=SortBy-071515</a></p><p><br /></p><p>If you look at it and sign in you'll see about 30 examples that sold just this year alone. Some will be the same basic coin, others may have the PL designation, some a plus grade, some NGC some PCGS. If you go through the entire list you'll find hundreds of examples, going back over a period of many years. And when you back, you'll see another change, the change that time makes. </p><p><br /></p><p>Ya see, the coin market is not a static thing, it is fluid, constantly changing. The market goes up, it goes down, all the time. And values can fluctuate wildly, much like I explained in the other thread. And at times, as I said in that other thread, same coin/date/mint/grade/TPG by as much as 100% or more.</p><p><br /></p><p>But primarily what I'm trying to show you here is what the price guides say - just how different they can be - and all at the same time. The point of course is that you can't put any trust or confidence in ANY PRICE GUIDE ! The absolute best you can do is to establish a price range for any given coin.[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 3614767, member: 112"]Your question is somewhat similar to what you asked here - [URL]https://www.cointalk.com/threads/coin-imperfections.342987/[/URL] And the answer I'm going to give you is somewhat similar to the answer I gave you there, but also different. This is what makes it different - no price guide is accurate, none of them are. The absolute best you can hope to do is to use all the price guides to help you determine [B][U]a price range[/U][/B] for any coin in any grade. Another way of saying it would be this - there is no such thing as a set price for any coin. Here are examples of what I'm talking about. And for these examples I picked a coin that is not exactly the most common, not even truly scarce, and definitely not rare. It's kind of a middle of the road coin. I picked an 1881-CC Morgan MS65. And if you use Heritage and search their auction archives, this is what you see regarding the values listed by the price guides. And you can also see the pop reports. [ATTACH=full]968271[/ATTACH] As you can see, values vary greatly between all the price guides. And this is what the coin actually sold for. And the actual sales price is different than any of the price guides. Not much for some but different all the same. [ATTACH=full]968275[/ATTACH] Here's another example, same coin/date/mint, but again different. [ATTACH=full]968276[/ATTACH] And here's the price guides/pops for this example. [ATTACH=full]968277[/ATTACH] Now that's just 2 examples that I chose from near the top of this list - [URL]https://coins.ha.com/c/search-results.zx?Nty=1&Ntk=SI_Titles-Desc&Ns=Time%7C1%7C%7CLot+No%7C0&N=51+790+231+382&Ntt=1881-CC+MS65&ic4=SortBy-071515[/URL] If you look at it and sign in you'll see about 30 examples that sold just this year alone. Some will be the same basic coin, others may have the PL designation, some a plus grade, some NGC some PCGS. If you go through the entire list you'll find hundreds of examples, going back over a period of many years. And when you back, you'll see another change, the change that time makes. Ya see, the coin market is not a static thing, it is fluid, constantly changing. The market goes up, it goes down, all the time. And values can fluctuate wildly, much like I explained in the other thread. And at times, as I said in that other thread, same coin/date/mint/grade/TPG by as much as 100% or more. But primarily what I'm trying to show you here is what the price guides say - just how different they can be - and all at the same time. The point of course is that you can't put any trust or confidence in ANY PRICE GUIDE ! The absolute best you can do is to establish a price range for any given coin.[/QUOTE]
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