Is NGC Just Trying To Make Me More Confused?

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Author	Replies: 8 / Views: 2,084
spru Bedrock of the Community United States 12477 Posts	Posted 02/20/2017 02:06 am I put this here because it involves NGC, but also world coins. I've enjoyed using NGC's site for getting a general idea of whether a world coin I come across is interesting or not. I know that these types of guides including the RedBook and Krause show inflated "retail" values. Lately, though, I've come across a few like this and it totally baffles me. How can a much higher grade have a lower value? Also, how can the value listed be higher, then lower, then higher again as the grade increases? In Memory of Crazyb0 12-26-1951 to 7-27-2020 In Memory of Tootallious 3-31-1964 to 4-15-2020 In Memory of T-BOP 10-12-1949 to 1-19-2024 Report this Post to the Staff

basebal21 Bedrock of the Community 13014 Posts	Posted 02/20/2017 03:25 am I have a lot of criticism of them, but in this case likely just a typo Report this Post to the Staff
kanga Pillar of the Community United States 5825 Posts	Posted 02/20/2017 09:10 am Another possibility? I assume NGC updates their values as they receive new information. They may have "the latest results" posted next to an older valuation. And prices change with time. Report this Post to the Staff
T-BOP Rest in Peace United States 18456 Posts	Posted 02/20/2017 09:24 am I tend to agree with Spruett001 , If this is not a typo then NGC needs to explain why these coin values are out of order . To me this chart undervalues NGC competence . Report this Post to the Staff
CoinCollector2012 Pillar of the Community United States 8137 Posts	Posted 02/20/2017 09:31 am At first I thought it was a premium for a lowball, but a F-12 isn't really considered a lowball. I assume its just a typo. Report this Post to the Staff
basebal21 Bedrock of the Community 13014 Posts	Posted 02/20/2017 10:32 am On second thought that whole group is just jacked up. That is a lot of typos. MS 60 is a dog but XF shouldn't be worth more which that screen shot is showing a lot Report this Post to the Staff
BStrauss3 Pillar of the Community United States 4593 Posts	Posted 02/20/2017 11:01 am There ARE coins that are incredibly rare in circulated condition but common in MS (the SS Central Republic shipwreck gold comes to mind), but this seems beyond that... Have you considered asking NGC? I know that many pricing guides are willing to check/update when problems are pointed out. -----Burton 50+ year / Life / Emeritus ANA member (joined 12/1/1973) Life member: Numismatics International, CONECA Member: TNA, FtWCC, NETCC, EveryCountry (online) coin club Owned by three cats and a wife of 40+ years (joined 1983) Author: 3rd Edition of the Sample Slabs book, https://www.sampleslabs.info/ Report this Post to the Staff
XavierOfGreen Pillar of the Community United States 2589 Posts	Posted 02/20/2017 11:08 am If you look at the PCGS coinfacts webpage, for many coins the Poor and Fair grades have higher values than the About good or good grades, this is due to demand from lowball collectors, but as someone said above, that doesn't really apply in the instance of a coin that grades at Fine. Report this Post to the Staff
spru Bedrock of the Community United States 12477 Posts	Posted 02/20/2017 10:35 pm I would have also assumed a typo but I've seen it several times now. It may be an updating issue. Maybe I'll contact them and see what they say. Thanks for the input! In Memory of Crazyb0 12-26-1951 to 7-27-2020 In Memory of Tootallious 3-31-1964 to 4-15-2020 In Memory of T-BOP 10-12-1949 to 1-19-2024 Report this Post to the Staff
	Replies: 8 / Views: 2,084

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