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 Replies: 9 / Views: 1,179 |
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Valued Member
United States
225 Posts |
I am a new member of this hobby and am finding some pretty basic things confusing.
The PCGS pricing tables are one of them.
A certain coin will have a price listed for a given coin. But it is then followed by other coins having a dash. I am assuming that the dash means something like 'refer to above', but if mistaken, this could be costly.
Also, I'll see prices for a given coin and then under these and before the next coin is listed, there is a + sign sometimes followed by price. I was wondering what the + sign stands for.
Thanks,
Terry McMAnus
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Bedrock of the Community
13014 Posts |
Could you show an example of what you mean?
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Valued Member
 United States
225 Posts |
I'm not sure I am supposed to be posting links, so the beginning part of this URL is taken off which should delink it, but this page has an example of what I'm talking about for a Three Cent Silver piece. I tried cut and past, but no go.... www.pcgs.com/Prices/PriceGuideDetail.aspx?MS=1&PR=1&SP=1&c=77&title=Three+Cent+Silver |
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Valued Member
United States
225 Posts |
I should say that I've seen similar formats on other pricing tables, just a bit different. Again, pretty basic stuff....
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Bedrock of the Community
13014 Posts |
Thanks, thats what I thought you meant but wasnt sure.
The - basically means it doesn't exist or they havent graded one in that grade.
The + refers to their new grading plus service where coins they deem to be at the very top of their grade but not quite good enough for the next grade up get a + designation and generally sell for higher. Like a ms65+ would sell higher than a 65. Kid of like the CAC sticker but more selective
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Bedrock of the Community
13014 Posts |
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Valued Member
United States
225 Posts |
It helps a great deal. Thanks!
There's a lot of food for thought here...in a way, I'm thinking an evolution in thought has to happen between the gee whiz enthusiast (I admit to this) to someone taking a long look at the process and actually asking the question....why am I buying this particular coin.
I'm thinking every collector falls somewhere differently by coin...
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Bedrock of the Community
13014 Posts |
I agree. A lot of the coins value has to do with how much you want that coin, the appeal it has to you and how hard it is to find. Some coins eventhough the value is supposed to be low dont hit the market that often.
Personally I like blast white coins even for my classic commems set so I may pay a little more for one of those than listed value if I'm having a hard time finding it where other people like toned coins.
My general thought is if your in spitting distance of what they sell for youve done good. But in the end if its a hard to find coin and your willing to pay more for it and like it, it was a good buy.
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Bedrock of the Community
United States
20753 Posts |
Mostly people do not use the PCGS price guides for coin prices. Yes they are good for an approximate value but normally in excess of the real world. Not sure why but I suspect having prices in excess, would make more people consider sending in their coins to PCGS for grading and slabbing. You wouldn't consider doing this for a coin worth $20 but if their listing showed $40 or $50, you might consider doing that. Oddly enough their prices are sort of like the Red Book which also are excessive. And as to the dashes and + or - signs, possibly somewhere on that site is an explanation but not easily found. |
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Pillar of the Community
United States
1554 Posts |
The + signs mean for example a coin that is gaded MS63+ instead of MS63 by PCGS. PCGS now will grade some coins with a + sign.....MS63+, MS64+ etc. etc.
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Replies: 9 / Views: 1,179 |
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Posted 07/25/2012 02:28 am
