Data Driven Price Changes In The PCGS Price Guide

Glad to see the Oregon Trails finally going up. Try to find an attractive 1933-D in MS66 below 700.00 is a challenge!

PCGS Rare Coin Price Guide is a waste of ink and paper in terms of actual pricing. It's nowhere near Greysheet, or even Numismedia FMV.

Since the data is not based on an average of realized sale prices, it is basically invented numbers. Even on Coinfacts you can see this happen, where they list a coin for, say, $700 price guide, but the last 5 years of listed sales are all between 300-500.

The pandemic has squeezed margins for dealers and right now there are lot more sellers than buyers overall based on the feedback I get from my dealer network group, especially with people dumping bullion and junk silver due to high metals prices.

People have been saying for years that commems pre-86 were going to jump, but my experience has been that the market is already oversaturated and a coin has to be pretty special to bring strong prices, such as CAC bean, toning, or a good provenance/pedigree. Obviously there are some issues which are always in demand such as Spanish Trail and the Lafayette/Pan Pac coins but for the most part there's still just not seeming to be a lot of interest in the "state" issues of the 30s and 40s. Lots of unsold inventory, and most of it is high grade and slabbed.