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How Many Of You Go By Prices In PCGS

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fair1969's Avatar
United States
13 Posts
 Posted 07/23/2017  1:32 pm Show Profile   Bookmark this topic Add fair1969 to your friends list Get a Link to this Message Number of Subscribers
Is PCGS a good guide to go by on coin price or you use some other price soures
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John1's Avatar
United States
56855 Posts
 Posted 07/23/2017  1:34 pm  Show Profile   Bookmark this reply Add John1 to your friends list Get a Link to this Reply
to CCF. No. Much too high. Check ebay sold values.
John1
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chesterb's Avatar
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1261 Posts
 Posted 07/23/2017  1:47 pm  Show Profile   Bookmark this reply Add chesterb to your friends list Get a Link to this Reply
Yes but I don't use their assigned value. I look at the auction results on the PCGS guide to help determine a coin's value. This includes Heritage, ebay, Stacks, David Lawrence, etc. I can then drill down and compare the coins to the one I'm considering buying or own. It's probably my #1 go-to price guide for that reason. I also look back at the Heritage website for their history of coins sold at auction.
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Alpha2814's Avatar
United States
2023 Posts
 Posted 07/23/2017  1:52 pm  Show Profile   Bookmark this reply Add Alpha2814 to your friends list Get a Link to this Reply
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DavidUK's Avatar
United Kingdom
2624 Posts
 Posted 07/23/2017  2:01 pm  Show Profile   Bookmark this reply Add DavidUK to your friends list Get a Link to this Reply
I go by price guide (thats about 20 years old)

Well seriously these are ok sources of information on catalogue numbers and mintage figures.

The values are retail figures so I always reckon its worth about half that amount.

As said above the most accurate way is to look at the market... if you can biy as many as you want at $50 then it doesn't matter if the book says $80 you aren't getting it.
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United Kingdom
1351 Posts
 Posted 07/23/2017  2:16 pm  Show Profile   Bookmark this reply Add peter1234 to your friends list Get a Link to this Reply
Don't forget it's to the TPG's benefit to inflate prices and they grab it with both hands.
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TypeCoin971793's Avatar
United States
6370 Posts
 Posted 07/23/2017  2:21 pm  Show Profile   Bookmark this reply Add TypeCoin971793 to your friends list Get a Link to this Reply
Nope. Use ebay and Heritage.
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Matt2727's Avatar
United States
219 Posts
 Posted 07/23/2017  3:45 pm  Show Profile   Bookmark this reply Add Matt2727 to your friends list Get a Link to this Reply
Basically any catalog, in my opinion, is higher than FMV. (Besides Greysheet). Use ebay sold listings or auction prices for reference.
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fair1969's Avatar
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 Posted 07/23/2017  4:14 pm  Show Profile   Bookmark this reply Add fair1969 to your friends list Get a Link to this Reply
Thank you all great information
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moxking's Avatar
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 Posted 07/23/2017  4:40 pm  Show Profile   Bookmark this reply Add moxking to your friends list Get a Link to this Reply
One other note. Price guides serve only a general percentage of value. In other words, if you have a particular coin of interest and you use Heritage sold for prices you will notice that the "same" coin in the "same" grade may have HUGE differences for the actual selling price.

Those differences almost always depend on the eye appeal of the coin over and above the numerical grade. In short, there is no price guide that will cover every coin type and grade because of those eye appeal deviations.
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Debrajc's Avatar
United States
4211 Posts
 Posted 07/23/2017  7:33 pm  Show Profile   Bookmark this reply Add Debrajc to your friends list Get a Link to this Reply
and NO...much inflated on most coins.
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Slider23's Avatar
United States
4469 Posts
 Posted 07/24/2017  11:15 am  Show Profile   Bookmark this reply Add Slider23 to your friends list Get a Link to this Reply
I will use PCGS prices sometimes as a not to exceed on high end for the grade (CAC) and coins with color or attractive toning.
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nfine's Avatar
United States
3469 Posts
 Posted 07/24/2017  11:18 am  Show Profile   Bookmark this reply Add nfine to your friends list Get a Link to this Reply
I never sell coins but if I could get PCGS prices for them I might consider selling them all.
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jbuck's Avatar
United States
188194 Posts
 Posted 07/24/2017  11:27 am  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
Like the Red Book, I think those prices represent the upper limit of retail.
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