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PCGS Price Guide V. PCGS/Ngc Realized Auction; I'm Confused?

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Author Previous TopicReplies: 21 / Views: 4,473Next Topic Page 2 of 2
Pillar of the Community
United States
591 Posts
 Posted 02/01/2016  2:14 pm  Show Profile   Bookmark this reply Add one_fine_dime to your friends list
Just spoke to PCGS. I think I'm a little more clear on things.
The price guide value:
Quote:
The prices listed in the PCGS Price Guide are average dealer asking prices for PCGS-graded coins. The prices are compiled from various sources including dealer ads in trade papers, dealer fixed price lists and website offerings, significant auctions, and activity at major coin shows. Dealer specialists and expert collectors provide pricing input. Remember that the prices are just a guide, a starting point for asserting value. Some PCGS coins sell for less than the prices listed and some PCGS coins sell for more than the prices listed.


So this will include typical dealer mark-ups (cost of doing business).

Also, I looked at the submission tiers. $20/coin up to a $300 value; $32/coin up to a $3,000 value; and $60/coin up to a $20,000 value. They said this is for insurance. Meaning, if the coin is damaged/lost while in their possession, what is the submitter comfortable as a declared value. So the submitter decides.

I agree that using the ebay realized prices as well as these PCGS auction lists are the best way to determine value, if excluding dealer mark-ups. It would be nice to give my business to my LCS, but sometimes the mark-ups are just too prohibitive.
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United States
7375 Posts
 Posted 02/01/2016  2:18 pm  Show Profile   Bookmark this reply Add edweather to your friends list
Once you look at the guide enough, you get a decent feel for the 'fudge-factor' for a particular series. I like the PCGS guide for it's speed and ease of use.
Rest in Peace
United States
17900 Posts
 Posted 02/01/2016  3:08 pm  Show Profile   Bookmark this reply Add moxking to your friends list
If you really want price comparisons Heritage has all price guides including trends, CDN, Past sales, and more all on one page. Every major price list all in one place.
Pillar of the Community
United States
591 Posts
 Posted 02/01/2016  5:24 pm  Show Profile   Bookmark this reply Add one_fine_dime to your friends list
moxking - do you have to pay for that (i.e., Heritage price guide, etc.)? If not, can you provide a link as I'm having trouble finding it? Thanks.
New Member
United States
30 Posts
 Posted 02/01/2016  7:01 pm  Show Profile   Bookmark this reply Add CO Collector to your friends list
one_fine_dime, Heritage archive info is free.

To get the info moxking mentioned, first you have to find one "sold" listing: http://coins.ha.com/itm/mercury-dim...bnail-071515

Scroll down that link SLOWLY. There's a wealth of info.

There are 118 similar listings. Give me a minute, I'll post how you can find them all.
Edited by CO Collector
02/01/2016 7:04 pm
Pillar of the Community
United States
4085 Posts
 Posted 02/01/2016  7:14 pm  Show Profile   Bookmark this reply Add KenKat to your friends list
You may need to register for a free account at Heritage to view the auction history.
New Member
United States
30 Posts
 Posted 02/01/2016  7:17 pm  Show Profile   Bookmark this reply Add CO Collector to your friends list
To search Heritage archives for all "sold" listings for a 1921-D F12 Dime...

At HA.com, near the top of the page find the "Resources" tab. Click "Research Auction Archives".

In the left column titled "Site", click "Coins: U.S., Worlds, and Ancients".

Your applied filters should read, "Coins", "Auction Archives", "Sold".

Next, scroll down the same left column to "Refine" your search...

Coin Category: Dimes... Mercury dimes
Coin Year: 1921
Coin Grade: F12
Mintmark: D

That should give you a list of 119 previous auction sales.

Enjoy!


Edited by CO Collector
02/01/2016 7:18 pm
Pillar of the Community
United States
7375 Posts
 Posted 02/01/2016  8:44 pm  Show Profile   Bookmark this reply Add edweather to your friends list
Yeah, whenever I'm serious about buying a coin, Heritage Auction Archives is the "go to" place for me.
Pillar of the Community
United States
591 Posts
 Posted 02/02/2016  11:51 am  Show Profile   Bookmark this reply Add one_fine_dime to your friends list
Thanks everyone - Heritage archives looks very promising.

CO Collector - I followed your directions, got me to the right place. Only thing is I can't see the realized prices unless I "Sign-in or Join (free & quick)". So I'll try the latter option and see how that goes.
Edited by one_fine_dime
02/02/2016 11:52 am
Pillar of the Community
United States
757 Posts
 Posted 02/05/2016  08:44 am  Show Profile   Bookmark this reply Add davec13 to your friends list
With the prices you see posted on the completed heritage auction make sure you deduct 17.5% from that price.

Also from buying some items from heritage I've noticed they tend to get about 10-15% higher bids than ebay. That's due to their reputation. People know they are getting a solid coin so they'll pay that little extra for piece of mind.
Pillar of the Community
681 Posts
 Posted 02/05/2016  08:54 am  Show Profile   Bookmark this reply Add Go-Rebels to your friends list

Quote:
With the prices you see posted on the completed Heritage Auction make sure you deduct 17.5% from that price.

I never do that.

I buy plenty of coins on HA and my cost for the coin is the total price. I don't care how Heritage splits the money with the seller. If I win an auction and pay $1000 total (including coin + buyer's fee + shipping) and want to make 25%, I offer the coin for $1250, not something less.

Just my 2-cents...
Pillar of the Community
United States
7840 Posts
 Posted 02/05/2016  09:12 am  Show Profile   Bookmark this reply Add oih82w8 to your friends list
Guides are guides, nothing but reference material. As mentioned previously, auction history is a real good indicator for the market, just don't go too far back. Another source I use is coinsociety.com. it includes ebay sales as well.
Pillar of the Community
United States
4337 Posts
 Posted 02/05/2016  4:44 pm  Show Profile   Bookmark this reply Add dsfreeworld to your friends list


Eventually, and thanks to a family like the CCF, you begin to recognize what's what and grow from there.

Pillar of the Community
United States
1839 Posts
 Posted 02/07/2016  12:34 am  Show Profile   Bookmark this reply Add Tbone to your friends list
If you'd like an easy way to pull up all that great Heritage history, along with other auction results (eBay, Great Collections, Stacks Bowers, David Lawrence, etc) you can use this link.

http://www.PCGS.com/AuctionPrices/default.aspx

And although it's a PCGS site, it's not just results for PCGS coins.

You can drill down to specific grades or other attributes. You can change the way it's sorted. You can also copy the results into a spreadsheet and filter them any way you choose.



Here's a direct link to an example page. How about the auction results for all 1913-D Type 1 Buffalo nickels in MS66

http://www.PCGS.com/auctionprices/d...=ms&c=83&g=0

How about that 1859 Indian Head cent in AU55 that you still need for your type set?

http://www.PCGS.com/auctionprices/d...=ms&c=44&g=0

By the way, those PCGS numbers in the far left column, they're hyperlinked. They'll take you right to the CoinFacts page for the coin you're looking at. And since CoinFacts is now free you'll want to have a good look around.
Edited by Tbone
02/07/2016 12:37 am
Pillar of the Community
United States
591 Posts
 Posted 02/19/2016  12:36 pm  Show Profile   Bookmark this reply Add one_fine_dime to your friends list
Thanks Tbone and everyone else. This is extremely helpful!



...and lovin' that avatar Tbone.
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