Need Pricing And Other Info On Slabbed Modern Coins

I collect Jefferson nickels in PR69 preferably DCAM for the most part they can be picked up for about 50% of the PCGS Price guide. The exceptions being the pre 72 coins who's populations are lower then the collector base and hence the prices are high and in some cases as with the 71s and 70s they often sell at auction for more than the PCGS price guide. I don't bother with PR70s as I have checked a few out and I cannot tell the difference between a 69 and 70 so why pay more for what in my eyes is the same coin. As for the MS coins a lot of older PCGS slabs have FS nickels in them but are not marked as such.

as far as question Number 1, I beleive that the only people that would spend that much money to have a PCGS 70 in PF or MS is building a registry set just because I don't see any reason for the price difference between 69 and 70 as far as the coins look, I have seen some 69's look better than some 70's so its just the label people are buying not any special coins in the holder. But as far as hard proof the only thing I can tell you is to look at the PCGS registry and see how many coins of a specific type are in peoples sets then look at the population reports to see how many are graded and that should give you a percentage from that specific date, but keep in mind just because its not on the registry sheet right now doesn't mean it won't be, some people wait until they have a complete set before they add their sets to the registry so they can jump to #1 all time set as soon as they add them

People have been buying, selling, and trading the high grade coins since long before the grading services came into existence. On a percentage basis a lot of the coins actually increased faster before the grading services and the registries. Of course the newer coins and bullion started concurrently with the services but no one was sending these in for years but they were still being collected. I don't believe there were a dozen mint state clad quarters graded by 1995.

The number of coins being graded is primarily a function of demand. As collectors begin their sets they put pressure on the supply which can cause the price to increase to a level at which it is profitable to submit for grading. ...build it and they will come, ...demand it and it will be graded.

Very few mint state circulating moderns are sold on TV. ...virtually none. They sell a small fraction of the proofs. In the bullion the percentage starts increasing dramatically. They really do have the lion's share of new issues but potential customers should remember that pops can increase very rapidly. They sell significant percentages of a few of the commems as well. Usually this is less than 5% though. It's very difficult for a single entity to lay hands on the vast quantities needed to control most of these markets. The bullion is a little different since it's not sold directly to the public.

There is a striong skew to younger collectors for moderns. It's difficult to get a good feel for who is buying the slabbed coins though. These seem to sometimes have a very broad audience which even includes the general public.

A lot of people can't see the difference between 69 and 70 and should absolutely not buy the higher grade unless it's cheap. I suspect if people who can't see the difference quit paying for it that many of these coins would have much lower prices. It's not at all hype; it's human nature to want the best even if you have to rely on someone else to tell you what it is.

The prices of some of the most in demand coins are set largely by auction and can vary a great deal depending on who wants it the most and who wants it nearly as much.