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PCGS Price Guide

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Valued Member

United States
62 Posts
 Posted 03/04/2006  11:03 am Show Profile   Bookmark this topic Add JerseyZuh to your friends list Get a Link to this Message Number of Subscribers
I am wondering, what does everyone think about the PCGS Price Guide that they have on their site. How would you compare the PCGS price guide to the greysheet?
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dgoose50's Avatar
United States
79 Posts
 Posted 03/04/2006  1:20 pm  Show Profile   Bookmark this reply Add dgoose50 to your friends list Get a Link to this Reply
Stay with the coin dealer newsletter if you plan to buy coins.If you are lucky you can purchase for bid or even below bid espcially if it is a coin that is not in great demand.Toned coins break these rules,but I am not enamored with them and I dont pay more because they are toned.This also wont work for extremely rare coins.
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Susanlynn9's Avatar
United States
5877 Posts
 Posted 03/04/2006  1:29 pm  Show Profile   Bookmark this reply Add Susanlynn9 to your friends list Get a Link to this Reply
The PCGS price guide is very high compared to actual market values. I would not be guided by it. I have seen quite a few sellers on ebay who quote those figures. Those prices are not even realized by coins that are actually graded by PCGS. The greysheet is definitely a better guide.
Valued Member
United States
62 Posts
 Posted 03/04/2006  2:23 pm  Show Profile   Bookmark this reply Add JerseyZuh to your friends list Get a Link to this Reply
Yea, Ive seen so many auction listings quoting the PCGS price guide. Thats mainly why I was wondering. Thanks for the help!
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djluster's Avatar
United States
1327 Posts
 Posted 03/04/2006  7:20 pm  Show Profile   Bookmark this reply Add djluster to your friends list Get a Link to this Reply
I know talking to my local dealer about this he feels that the Pcgs price guide is what the coinn is value at when it is slabbed. so it is a little higher since is does cost to get your coin graded. He goes off of the greysheet, I prefer coin vaule my self since I do not have a graysheet.
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Morgan Fred's Avatar
United States
2684 Posts
 Posted 03/06/2006  2:09 pm  Show Profile   Bookmark this reply Add Morgan Fred to your friends list Get a Link to this Reply
I think the PCGS Price Guide is someone's wishful fantasy, perhaps conceived after four or five hours at an Irish bar on St. Paddy's day where drinks were two-for-one. Not only way overpriced in just about every grade in every issue (there are exceptions on a case by case basis), the PCGS Price Guide is also badly abused by sellers, especially those who slab their own coins, give them whatever grade they want, then quote the PCGS guide. As someone said, even PCGS-graded coins don't sell for what the Price Guide states as their value. As mentioned, there's always exceptions, particularly with very high grade and really scarce and rare coins.

Sure, I use it to give me an idea where a particular coin stands (worth just a few bucks or thousands?) and, over time whether a coin's value has gone up or down, but it sure isn't my price Bible. It's advantage is that it's online, downloads quickly, and in my bookmarks, so it's convenient for a fast lookup. I also use other online price guides, particularly the one below, along with Coin Values and Coin Prices magazines. I also use Heritage's realized prices for high grade coins and ebay's completed auctions function to determine what price a particular coin has actually sold recently.

A more realistic guide is http://www.coinvalues.us/ .

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