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ICG Prices Versus PCGS Price Guide

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codemahn28's Avatar
United States
10 Posts
 Posted 10/03/2013  12:24 am Show Profile   Bookmark this topic Add codemahn28 to your friends list Get a Link to this Message Number of Subscribers
I was wondering if anyone had any input towards comparing ICG coins to PCGS coins. Since ICG does not have their own price guide, how should one go about comparing to another price guide like PCGS?

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vermontensium's Avatar
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 Posted 10/03/2013  12:39 am  Show Profile   Check vermontensium's eBay Listings Check vermontensium's eCrater Listings Bookmark this reply Add vermontensium to your friends list Get a Link to this Reply
PCGS prices are a suggestive price (by PCGS) for PCGS housed coins.
Does not necessarily reflect what the coins are actually being traded at.
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SsuperDdave's Avatar
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 Posted 10/03/2013  12:39 am  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply
ICG generally does poorly in the marketplace by comparison to PCGS, but using the PCGS Price Guide is a useless comparison because it's only a "wishful thinking" publication on their part, and doesn't often translate into real-world sales results. Base values upon what coins actually sell for, not somebody's published list. In the absence of such records, you're probably best served by consulting Numismedia and Bluesheet.

And us.
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vermontensium's Avatar
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 Posted 10/03/2013  12:40 am  Show Profile   Check vermontensium's eBay Listings Check vermontensium's eCrater Listings Bookmark this reply Add vermontensium to your friends list Get a Link to this Reply
Dave, we must have seen this post at the same time.
Weeeee!!
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zxcccxz's Avatar
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 Posted 10/03/2013  12:59 am  Show Profile   Bookmark this reply Add zxcccxz to your friends list Get a Link to this Reply
ICG prices are weak in comparison to PCGS at best. The PCGS price guide is sort of useless too. However, PCGS does offer an "Auction Prices Realized" documentation for free online and you can use these results for telling true PCGS prices. As far as ICG prices are concerned, my advice if for you to learn how to grade the coin yourself and maybe pay the raw value price for that grade. I for one trust SEGS more than ICG and only put my trust in PCGS, NGC and ANACS.
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SsuperDdave's Avatar
United States
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 Posted 10/03/2013  01:26 am  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply

Quote:
Dave, we must have seen this post at the same time.
Weeeee!!


Yeah, I've no idea how I got my post in before you moved the thread.

The advice I offer everyone in this situation, codemahn28, is to get registered (it's free) at Heritage Auctions. They have a huge database of prior sales going back to the 1990's, and the last 5 years or so are accompanied by images in such high resolution that they'll change your opinion of what a coin really looks like in a given grade.
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vermontensium's Avatar
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 Posted 10/03/2013  01:42 am  Show Profile   Check vermontensium's eBay Listings Check vermontensium's eCrater Listings Bookmark this reply Add vermontensium to your friends list Get a Link to this Reply
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westcoin's Avatar
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 Posted 10/05/2013  07:24 am  Show Profile   Bookmark this reply Add westcoin to your friends list Get a Link to this Reply
me too, and attend as many auctions as possible in person. Go over the lots in hand, nothing like looking at 50-100 double eagles in a sitting to sharpen your skills. You don't have to bid on them you know!

If you can find the means and time, I highly suggest the ANA Summer Seminar grading courses, that is how I really got a solid grading foundation under my belt.
"Buy the Book Before You Buy the Coin" - Aaron R. Feldman - "And read it" - Me 2013!
ANA Life Member #3288 in good standing since 1981, ANS, Early American Coppers Member (EAC), Colonial Coin Collectors Club member (C4), Conder Token Collector Club member (CTCC), Civil War Token Society (CWTS) member, Liberty Seated Collectors Club (LSCC) & Numismatic Bibliomania Society member (NBS), USMex, Member in good standing, 2¢ variety collector.

See my want page: http://goccf.com/t/140440
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