Price Formation PCGS. - Coin Community Forum

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Author	Replies: 6 / Views: 1,055
Slerk Pillar of the Community Russian Federation 1557 Posts	Posted 03/11/2022 08:16 am The other day I purchased 50 cents of a 1971 PCGS MS65. Going to the PCGS website, I expected to see a price of $ 5, a maximum of $ 10. But PCGS estimated it at $40, I was shocked. Where did this simple coin get such a price from? Is there something I don't know? Report this Post to the Staff

John1 Moderator United States 56855 Posts	Posted 03/11/2022 08:42 am Someone must have paid that much. Best bet is to check ebay sold values for a realistic market value. John1 Report this Post to the Staff
CoinHunter4 Pillar of the Community United States 1086 Posts	Posted 03/11/2022 1:13 pm Also, there probably aren't a ton of '71 halves in that grade. Report this Post to the Staff
BStrauss3 Pillar of the Community United States 4588 Posts	Posted 03/12/2022 12:14 pm They are quite proud of their plastic and it shows in some of the pricing. -----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
dave700x Rest in Peace United States 10625 Posts	Posted 03/12/2022 12:33 pm $35 of the value is the grading fee.... Report this Post to the Staff
Slerk Pillar of the Community Russian Federation 1557 Posts	Posted 03/12/2022 9:00 pm TPG never indicates in its coin prices, the durability of the work. I have seen PCGS whose market value on the website indicated both $2 and $5. Report this Post to the Staff
silverado Valued Member United States 187 Posts	Posted 03/29/2022 10:52 pm Sometimes Coins can be over valued Report this Post to the Staff
	Replies: 6 / Views: 1,055

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