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No Price For NGC Coin

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United States
1187 Posts
 Posted 01/04/2017  6:55 pm Show Profile   Bookmark this topic Add LibertyEagle20 to your friends list Get a Link to this Message Number of Subscribers
Why do some NGC coins have no price listed? The NGC site is blank and cert validation just says "NGC price guide: N/A". I noticed the coin in question has a population of 4.. is that why?
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trout1105's Avatar
Australia
7096 Posts
 Posted 01/04/2017  7:05 pm  Show Profile   Bookmark this reply Add trout1105 to your friends list Get a Link to this Reply
Maybe it is because none of the 4 coins have been sold yet ?
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CoinCollector2012's Avatar
United States
8137 Posts
 Posted 01/04/2017  7:19 pm  Show Profile   Bookmark this reply Add CoinCollector2012 to your friends list Get a Link to this Reply
There's probably not enough auction/sale data to accurately put a value on the coin.
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kanga's Avatar
United States
5825 Posts
 Posted 01/04/2017  8:29 pm  Show Profile   Bookmark this reply Add kanga to your friends list Get a Link to this Reply
I've also run into situations where the coin is a variety that NGC doesn't (or hasn't yet) recognized.
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moxking's Avatar
United States
17900 Posts
 Posted 01/04/2017  9:10 pm  Show Profile   Bookmark this reply Add moxking to your friends list Get a Link to this Reply
If you would give us the specific coin and grade it would be easier to give a more qualified answer.
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coin197's Avatar
United States
1963 Posts
 Posted 01/04/2017  9:11 pm  Show Profile   Bookmark this reply Add coin197 to your friends list Get a Link to this Reply
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United States
1187 Posts
 Posted 01/04/2017  9:12 pm  Show Profile   Bookmark this reply Add LibertyEagle20 to your friends list Get a Link to this Reply
I guess I should have clarified. The coin has prices for other grades just not the grade I was looking at. 1949-s dime in ms64FT. The 65FT and up have prices.
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Debrajc's Avatar
United States
4211 Posts
 Posted 01/04/2017  9:13 pm  Show Profile   Bookmark this reply Add Debrajc to your friends list Get a Link to this Reply
I would also guess that there is not enough sufficient sales data to have a price listed.
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westcoin's Avatar
United States
9792 Posts
 Posted 01/14/2017  7:20 pm  Show Profile   Bookmark this reply Add westcoin to your friends list Get a Link to this Reply
Not to mention coins with very low populations or few number of pieces to sell every few years or decades, there is really no accurate price indicator, the price is set at auction when an example comes up to the hammer, the loosing bid is now the current market price for that exact coin. We all know coins aren't equal, not all MS64 look the same as every other MS64 as an example. The underbidder at auction didn't win, so are generally considered to be next in line to buy one, as it comes up for sale or auction again. If the wait is long enough and more collectors want the same coin again, the value will or at least should jump up in value and bids the next sale time. Coins such as patterns follow this usually, same for early very scarce proof coins (gold especially). Occasionally more modern coins fall into this through a low pop in a tough grade.
"Buy the Book Before You Buy the Coin" - Aaron R. Feldman - "And read it" - Me 2013!
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