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Huge Variance In TPG Values For MS-67 WWII Nickels?

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FlipOfACoin's Avatar
474 Posts
 Posted 01/03/2012  8:16 pm Show Profile   Bookmark this topic Add FlipOfACoin to your friends list Get a Link to this Message Number of Subscribers
Why are there such HUGE differences is the values posted by the TPDs for certain MS67 WWII Silver Jefferson nickels

Examp: PCGS NGC

1942-S $250 $71.50
1944-P $600 $101
1945-P $700 $260
1945-S $140 $71.50


I was under the impression the these two TPGs were fairly close in their grading standards. I would expect some variance, but not $500 dollar variances . To what do you all think this could be attributed?
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mitchhailey's Avatar
United States
1150 Posts
 Posted 01/03/2012  8:47 pm  Show Profile   Bookmark this reply Add mitchhailey to your friends list Get a Link to this Reply
Maybe one was figure a FS designation...its hard to tell. I don't pay any attention to what TPGs list as coin values anyhow.
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FlipOfACoin's Avatar
474 Posts
 Posted 01/03/2012  9:10 pm  Show Profile   Bookmark this reply Add FlipOfACoin to your friends list Get a Link to this Reply
I double checked to make sure none of the values I stated were FS values, they are not. All stated values are for the grade of MS67.
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LincolnGuy's Avatar
917 Posts
 Posted 01/03/2012  10:38 pm  Show Profile   Bookmark this reply Add LincolnGuy to your friends list Get a Link to this Reply
PCGS are out of their minds. Those NGC prices are the same as numismedia. I think PCGS is greedy, and thats all there is to it. Dont get me started on PCGS lol
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numismaniac's Avatar
United States
361 Posts
 Posted 01/03/2012  11:21 pm  Show Profile   Bookmark this reply Add numismaniac to your friends list Get a Link to this Reply
There is a big difference between "stated" value and what you can actually get for something. Any given coin is only wirth as much as someone is willing to pay for it. I would be curious to know where they got those figures from.
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FlipOfACoin's Avatar
474 Posts
 Posted 01/04/2012  01:16 am  Show Profile   Bookmark this reply Add FlipOfACoin to your friends list Get a Link to this Reply
I pulled the above values straight from the price guides at PCGS and NGC. I then did some spot checking of listings on ebay, the prices are mimicking the TPG values and even higher in some cases! The huge differences in value just don't seem to make sense...
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SteveCaruso's Avatar
United States
1796 Posts
 Posted 01/04/2012  01:43 am  Show Profile   Bookmark this reply Add SteveCaruso to your friends list Get a Link to this Reply
I'd hazard to guess it's slab speculators who are driving up the prices for PCGS as everything PCGS seems to do nowadays is backed by marketing, hype, and their reputation for being "tough" on grading... which in my humble personal opinion is rubbish.

$700 for a 1945-P in MS67 is nothing short of either a) wishful thinking or b) robbery.
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FlipOfACoin's Avatar
474 Posts
 Posted 01/04/2012  03:27 am  Show Profile   Bookmark this reply Add FlipOfACoin to your friends list Get a Link to this Reply
I did a quick check on TeleTrade for the 1942-S in MS67. The last 2 prices realized were $41 & $50 for NGC slabs, which is well below NGC's '$71.50' value and FAR below the PCGS '$250.00 value.'

As SC pointed out, only the PCGS slabs at MS67 appear to have these high premiums attached to their prices.

I may be incorrect, but I would guess further research on TeleTrade would also show 'regular prices' for the other coins in this series: At least for the NGC slabs that is...

Having said that, someone must have paid /is paying those prices or they wouldn't be recorded, right? Perhaps the examples were 'extraordinary' for some reason.

C'mon: 1945-P MS67 PCGS $700 & NGC $260

I wouldn't pay those prices, but I agree, if people ARE paying those asking prices for the PCGS slabs, they are making some REALLY POOR choices. The pop reports do not support those kinds of premiums on these coins.

I need a 1944-P MS67 to complete my set in MS67, but I don't think I will be paying anywhere near what is being asked for the PCGS version of that coin.
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FlipOfACoin's Avatar
474 Posts
 Posted 01/04/2012  6:24 pm  Show Profile   Bookmark this reply Add FlipOfACoin to your friends list Get a Link to this Reply
I have seen some NGC graded MS67 coins with inflated asking and selling prices today as well.... so it would appear that it is not only PCGS slabbed coins that this is happening to...
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