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What Constitutes Good Ebay Values, Iyo?

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BuffalosRock's Avatar
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500 Posts
 Posted 06/08/2011  11:12 pm Show Profile   Bookmark this topic Add BuffalosRock to your friends list Get a Link to this Message Number of Subscribers
I'm new to ebay auctions and coin buying and was curious about the "PCGS list" prices and how accurate they stand up.

I saw one post here mentioning 80%-83% of list as a rule of thumb for selling/worth. How accurate is that overall?

I saw a V nickel that lists at 1200 go for 735 a week ago. A gold $10 listed at 2400 go for 1700. Were those likely "good buys"? I got a V listed at 280 for 145. I figure 52% of list was solid - and I desired that coin/yr for my collection anyway!

I'm sure many do "even much better" from time to time and I only am looking at certain coins so far. Just curious!
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SsuperDdave's Avatar
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23522 Posts
 Posted 06/09/2011  01:04 am  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply
"PCGS List" prices are, by their own admission, only applicable to PCGS-slabbed coins. They are, generally, wildly optimistic. But sometimes they're only "somewhat" optimistic. It varies by coin, according to no pattern.

That's because the only true gauge of a coin's value is what people are willing to pay for it. Not some published list somewhere, each of which has a vested interest in coin prices being high. If you ever see me offer an opinion of a coin's value, it will always be based on what I've seen recorded for recent sales of similar coins.

The numbers you mention aren't really relevant without knowing the date and grade of the coin. For instance, your $145 Liberty nickel would be a wild bargain if it were an 1894 in any Mint State grade, but you'd have overpaid if it were a 1904 in MS63.
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BuffalosRock's Avatar
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 Posted 06/09/2011  11:03 am  Show Profile   Bookmark this reply Add BuffalosRock to your friends list Get a Link to this Reply
Yes SuperDave, I was strictly talking about PCGS slabbed coins compared to their PCGS listed prices ( which are equivalent to retail from what I gather ). I know that there can be a HUGE disparity between PCGS price and other TPG's, even NGC. So I was talking apples-to-apples strictly. But I understand that the "market" dictates the real worth over a static list. You see auction prices vary quite dramatically even for the same TPG and MS rating, so it is very fluid. I was just wondering if the 80%-83% rule-of-thumb is something others use!

It is pretty interesting how the same mint strike "rating" can have so many diverse appearing coins in it. I tend to gravitate toward the "clean/white/shiny" over the "golden/rainbow/patina" genre, for instance. I recently read an article talking about why a AU58 is typically so much more "eye catching" over a MS60-MS63 or even higher, tho not as valuable typically.

My V is a 1910 PCGS MS64 with lots of luster/brilliance/shine/eye-appeal, list for it is $280. The best I've seen one listed for elsewhere, with dark spots on it to boot, is $240 so I think it was a decent buy at least! I am growing partial to PCGS as they seem to hold their value better than NGC coins - in general, in the market. I also don't like the white plastic surrounding the NGC coins - it detracts visually.

Thanks for the input, I am such a neophyte!
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