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 Replies: 9 / Views: 1,543 |
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Valued Member
United States
283 Posts |
Dear learned advisors, Please help me understand. I go to PCGS to enlighten myself as to value. I come back with 2.8k for a complete Liberty Walking half set all dates at MS 30. All dates and mints at 30, 10.5K. Then I go to ebay Sold items on the same quest and NOTHING over 3K, very few over 2K. What gives? I have an upcoming discussion with a dealer about my full date and mint set and I'll be grateful beyond measure if you people can set me on a non-disastrous course. Kevin |
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Moderator
 United States
34393 Posts |
@kcm, can you please clarify what you mean by "MS 30"? Is that the grade, because if so then mint state only goes as low as 60 on the Sheldon scale. Is it possible that the wide price discrepancy comes from comparing coins of different grades? Thx for clarifying.
"If you climb a good tree, you get a push."
-----Ghanaian proverb
"The danger we all now face is distinguishing between what is authentic and what is performed."
-----King Adz
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Valued Member
 United States
283 Posts |
Yes, of course.
I took the MS from third column from the left on the Priceguide and the 30 a few columns further right. I do know that the designation ought to be VF30, but why argue with PCGS when I'm in the process of dispelling my ignorance on the matter? Maybe PCGS's "MS" and my desired "VF" IS the problem. There's much I don't understand.
Kevin
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Pillar of the Community
United States
3636 Posts |
PCGS uses the "MS" designation to distinguish circulation issues from proofs. For the actual grade, MS grades are from 60 to 70.
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Moderator
United States
34393 Posts |
Ok well good to know that you aren't comparing proofs to business strikes. Someone with greater knowledge than I have will have to weigh in on the accuracy of the PCGS prices I think.
"If you climb a good tree, you get a push."
-----Ghanaian proverb
"The danger we all now face is distinguishing between what is authentic and what is performed."
-----King Adz
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Valued Member
United States
283 Posts |
@hokiefan 82, Quote:
PCGS uses the "MS" designation to distinguish circulation issues from proofs. For the actual grade, MS grades are from 60 to 70. That clears up one major mystery! Thanks. Kevin |
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Pillar of the Community
United States
1667 Posts |
I have no idea how they get these numbers,I suppose it's legit, but I mean yeah, ebay sold listings, 65 coins in album $1200-$1700 or so. condition is everything though and arguing on grade is another thing when selling. if the better dates are low grade it's going to hold it back, like there's plenty of 21-S below VF30 but above it, not so much. on ebay, in an album, and pictures of pages, not coins, nobody is paying top dollar, but instead bottom dollar expecting those "better date" coins are all going to be AG3 or even cull or details grade/problem coin. I think that's what you are seeing on ebay though. Even so, the coin dealer isn't paying the PCGS prices, he's going to want to make money also when he finds a buyer to sell it to. he's going to come in somewhere around or below greysheet I'd think, which likely would work out better than ebay. Just saying with ebay, I think most folks are just ball parking the set at lowest values for the best coins and average values for the common coins. |
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Valued Member
United States
283 Posts |
Thank you, @Big-Kingdom,
I'm being steered in a much better direction now. Emphasis on key dates buried in the set makes profound sense. This babe-in-the-wood did not know enough, on my own, to extract that genre of knowledge from the set for my comfort and use.
Months ago, I parsed entire the set into a spreadsheet, registering data I found (PCGS Photograde, NGC price guide, etc.) into its columns. I checked the date you cite: 1921 S in my spread. I have it as a G4. I can now assess that datum into my overall set assessment. My info alongside this new take on info tells me much. I really do need to look at my set through the lens you recommended. My potential buyer most surely will (I now understand).
I don't really have the necessary time available to do this myself with confidence so, I ask if a knowledgeable member would please list the other key coins to which I should give emphasis in order of precedence. That help alongside @Big-Kingdom's would culminate a successful CCF quest for my purpose.
Kevin
Edited by Kcm
08/25/2021 09:17 am
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Pillar of the Community
United States
1788 Posts |
PCGS prices are high retail and for the most part are usually not attainable.
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Pillar of the Community
United States
4085 Posts |
The other thing I will add is that you will always realize far less for a complete set of coins than if you sell them individually. So if you add up all of the individual coins on the PCGS site (which are for certified examples and on the high side / full retail), you will get.a far higher price than what you will see for a raw, complete set of coins, no matter how nice.
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Replies: 9 / Views: 1,543 |
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Posted 08/23/2021 5:09 pm
