PCGS price guide vs NN price guide

PCGS price guide vs NN price guide

Post by Bill Krumme » Tue, 08 Jul 2003 09:51:51



In the last week or so, I have noticed that the PCGS Coin Price Guide has
been showing a lot of listings with lower values than my Numismatic News
Coin Market (monthly pull out from the magazine).  It use to be that this
was seldom, if ever, the case, but lately every item I have checked,  PCGS
has shown lower prices.

I use to use PCGS as a guide only when the coin's grade was not listed in my
retail guides or in greysheet.  I use to have no respect for the PCGS price.
I use to think the PCGS prices were inflated, sometimes tremendously
inflated.

Does anyone else think the PCGS prices are closer to the mainstream guides
than they use to be?   Bill

 
 
 

PCGS price guide vs NN price guide

Post by David Rya » Tue, 08 Jul 2003 11:06:06


Quote:

> In the last week or so, I have noticed that the PCGS Coin Price Guide has
> been showing a lot of listings with lower values than my Numismatic News
> Coin Market (monthly pull out from the magazine).  It use to be that this
> was seldom, if ever, the case, but lately every item I have checked,  PCGS
> has shown lower prices.

> I use to use PCGS as a guide only when the coin's grade was not listed in my
> retail guides or in greysheet.  I use to have no respect for the PCGS price.
> I use to think the PCGS prices were inflated, sometimes tremendously
> inflated.

> Does anyone else think the PCGS prices are closer to the mainstream guides
> than they use to be?   Bill

IYO did PCGS go down or the others go up?

 
 
 

PCGS price guide vs NN price guide

Post by Bill Krumme » Tue, 08 Jul 2003 11:30:27



Quote:

> > In the last week or so, I have noticed that the PCGS Coin Price Guide
has
> > been showing a lot of listings with lower values than my Numismatic News
> > Coin Market (monthly pull out from the magazine).  It use to be that
this
> > was seldom, if ever, the case, but lately every item I have checked,
PCGS
> > has shown lower prices.

> > I use to use PCGS as a guide only when the coin's grade was not listed
in my
> > retail guides or in greysheet.  I use to have no respect for the PCGS
price.
> > I use to think the PCGS prices were inflated, sometimes tremendously
> > inflated.

> > Does anyone else think the PCGS prices are closer to the mainstream
guides
> > than they use to be?   Bill

> IYO did PCGS go down or the others go up?

IMO, PCGS came down, but that is opinion based on not much.  I look at
greysheet every week and NN once a month and don't notice any across the
board dramatic increases, other than a select item here and there.  I have
been planning on graphing the last two years of greysheet in classic
commemorative halfs, which I think have modestly increased, for the most
part.  That is opinion as well.   Bill
 
 
 

PCGS price guide vs NN price guide

Post by Stujo » Tue, 08 Jul 2003 12:32:49



Quote:

> > In the last week or so, I have noticed that the PCGS Coin Price Guide has
> > been showing a lot of listings with lower values than my Numismatic News
> > Coin Market (monthly pull out from the magazine).  It use to be that this
> > was seldom, if ever, the case, but lately every item I have checked,  PCGS
> > has shown lower prices.

> > I use to use PCGS as a guide only when the coin's grade was not listed in my
> > retail guides or in greysheet.  I use to have no respect for the PCGS price.
> > I use to think the PCGS prices were inflated, sometimes tremendously
> > inflated.

> > Does anyone else think the PCGS prices are closer to the mainstream guides
> > than they use to be?   Bill

> IYO did PCGS go down or the others go up?

Or Did PCGS stop updating their price list?

--
Stu Miller, My 1999 Redbook is probably coming in line with the
market pretty well these days... :)

 
 
 

PCGS price guide vs NN price guide

Post by Ira Ste » Tue, 08 Jul 2003 19:47:50


Stu Miller asks:

<< Or Did PCGS stop updating their price list?  >>

I believe your evaluation is correct, Stu. They've been so swamped with
submissions in the last few months that I don't think they have the staff to do
updates. Gradings are way behind, crossovers are behind, Presidential reviews
are hopelessly behind.

I often pay CU prices or above dealer to dealer at shows! It should be
remembered that CU prices are for PCGS certified coins, but many conveniently
forget that (like AH) when they compare their price to Coin Universe pricing.
That's why Coin Univ. prices were typically higher than Trends. They're behind
in revisions now. PCGS coins, sight seen, typically bring well over raw or
coins slabbed from other services. Of course, we as dealers have to pay more
for them as well.

Ira Stein

 
 
 

PCGS price guide vs NN price guide

Post by Phil DeMa » Wed, 09 Jul 2003 02:55:30



Quote:
> It should be
>remembered that CU prices are for PCGS certified coins

No....they say themselves that their prices are for properly graded coins. Of
course, they may feel that only PCGS slabbed coins are properly graded ;-)

++++++++++
Phil DeMayo - always here for my fellow Stooge
When bidding online always sit on your helmet
Just say NO to counterfeits

 
 
 

PCGS price guide vs NN price guide

Post by Chrysta Wilso » Wed, 09 Jul 2003 03:43:03




Quote:
> Stu Miller asks:

> << Or Did PCGS stop updating their price list?  >>

> I believe your evaluation is correct, Stu. They've been so swamped with
> submissions in the last few months that I don't think they have the staff to do
> updates. Gradings are way behind, crossovers are behind, Presidential reviews
> are hopelessly behind.

> I often pay CU prices or above dealer to dealer at shows! It should be
> remembered that CU prices are for PCGS certified coins, but many conveniently
> forget that (like AH) when they compare their price to Coin Universe pricing.
> That's why Coin Univ. prices were typically higher than Trends. They're behind
> in revisions now. PCGS coins, sight seen, typically bring well over raw or
> coins slabbed from other services. Of course, we as dealers have to pay more
> for them as well.

> Ira Stein

How accurate would you say Trends is these days? I never really paid much
attention before, but since I am a brand-new CW subscriber, I've
started using online Trends. The prices seem high to me, but I am not
exactly a market-maker when it comes to buying and selling, either.
--
~~~Chrysta~~~

ANA#R-206318

My Collection: http://www.geocities.com/chrystawilson/index.html

The Truth About Eric Tillery:
http://www.geocities.com/chrystawilson/aboutk6az.html

 
 
 

PCGS price guide vs NN price guide

Post by The Faust » Wed, 09 Jul 2003 04:39:36


Quote:

> How accurate would you say Trends is these days? I never really paid much
> attention before, but since I am a brand-new CW subscriber, I've
> started using online Trends. The prices seem high to me, but I am not
> exactly a market-maker when it comes to buying and selling, either.
> --
> ~~~Chrysta~~~

> ANA#R-206318

> My Collection: http://www.geocities.com/chrystawilson/index.html

> The Truth About Eric Tillery:
> http://www.geocities.com/chrystawilson/aboutk6az.html

Good move subscribing to CW, it's worth it.

Their pricing accuracy varies by series. Sometimes they go a long time
without updating a series and the numbers become outdated, only to adjust
upwards radically in sudden fashion. Their numbers are more often high than
low, but I think it tends to be more realistic overall than CU.

Eric

 
 
 

PCGS price guide vs NN price guide

Post by Eric Tiller » Wed, 09 Jul 2003 06:48:46



Quote:
>Stu Miller asks:

><< Or Did PCGS stop updating their price list?  >>

>I believe your evaluation is correct, Stu. They've been so swamped with
>submissions in the last few months that I don't think they have the staff to do
>updates. Gradings are way behind, crossovers are behind, Presidential reviews
>are hopelessly behind.

>I often pay CU prices or above dealer to dealer at shows! It should be
>remembered that CU prices are for PCGS certified coins, but many conveniently
>forget that (like AH) when they compare their price to Coin Universe pricing.
>That's why Coin Univ. prices were typically higher than Trends. They're behind
>in revisions now. PCGS coins, sight seen, typically bring well over raw or
>coins slabbed from other services. Of course, we as dealers have to pay more
>for them as well.

I don't know about other series Ira, but the gap between PCGS and NGC has all but
evaporated when it comes to Morgans. And with the current abysmal state of the customer
service at PCGS (75+ day turnaround) a lot of people including myself have switched our
submissions over to NGC, so PCGS coins are starting to become scarce. I really prefer the
PCGS holder over NGC's, but when it comes to getting the coins into holders to sell, I have
no choice since I buy all my coins raw for the most part.

 --
Morgan Dollars for Sale:

http://www.k6az.com/inventory/morgan_sales.htm

A Close look at Accugrade:

http://www.k6az.com/acg.htm

My Morgan Collections:

http://www.k6az.com/collection/morgan_collection.htm

http://www.k6az.com/toned_collection/toned_morgans.htm

 
 
 

PCGS price guide vs NN price guide

Post by Chrysta Wilso » Wed, 09 Jul 2003 13:19:54




Quote:


> > How accurate would you say Trends is these days? I never really paid much
> > attention before, but since I am a brand-new CW subscriber, I've
> > started using online Trends. The prices seem high to me, but I am not
> > exactly a market-maker when it comes to buying and selling, either.
> > --
> > ~~~Chrysta~~~

> > ANA#R-206318

> > My Collection: http://www.FoundCollection.com/

> > The Truth About Eric Tillery:
> > http://www.FoundCollection.com/

> Good move subscribing to CW, it's worth it.

> Their pricing accuracy varies by series. Sometimes they go a long time
> without updating a series and the numbers become outdated, only to adjust
> upwards radically in sudden fashion. Their numbers are more often high than
> low, but I think it tends to be more realistic overall than CU.

> Eric

Thanks, Eric! I just got my first issue today, about fif*** minutes
after I posted this. I am enjoying it so far. Bad, bad state quarter
designs in this week's issue, that's for sure!

--
~~~Chrysta~~~

ANA#R-206318

My Collection: http://www.FoundCollection.com/

The Truth About Eric Tillery:
http://www.FoundCollection.com/

 
 
 

PCGS price guide vs NN price guide

Post by SF » Wed, 09 Jul 2003 14:08:07


"Eric Tillery" ...

Quote:
> I don't know about other series Ira, but the gap between PCGS and NGC has
all but
> evaporated when it comes to Morgans. And with the current abysmal state of
the customer
> service at PCGS (75+ day turnaround) a lot of people including myself have
switched our
> submissions over to NGC, so PCGS coins are starting to become scarce. I
really prefer the
> PCGS holder over NGC's, but when it comes to getting the coins into

holders to sell, I have

Quote:
> no choice since I buy all my coins raw for the most part.

I have been thinking for about the last year or so, that PCGS is just a
little bit too strict.. like
PCI USED to be..
just a little tho.. I also prefer NGC, and hope to re-submit some of my OLD
PCI coins to NGC..
The ones I thought were undergraded, of course...
;o)

Honestly, I tend to be pretty stiff on my grading.. at least thats what
people that have won my
ebay auctions have told me... only once was I given a different opinion, and
it was a pretty worn
early Large Cent..
:o(

Sam

 
 
 

PCGS price guide vs NN price guide

Post by The Faust » Thu, 10 Jul 2003 05:16:52


Quote:

> > Their pricing accuracy varies by series. Sometimes they go a long time
> > without updating a series and the numbers become outdated, only to
adjust
> > upwards radically in sudden fashion. Their numbers are more often high
than
> > low, but I think it tends to be more realistic overall than CU.

> > Eric

> Thanks, Eric! I just got my first issue today, about fif*** minutes
> after I posted this. I am enjoying it so far. Bad, bad state quarter
> designs in this week's issue, that's for sure!

> --
> ~~~Chrysta~~~

You can say that again, Chrysta! I think the two West ***ia designs I saw
flipping through Coin World last night are perhaps the worst yet, and that
is saying A LOT. The Michigan coin still looks bad, but at least they are
getting rid of the tiny clip art that was supposed to circle the reverse
design.

Eric

 
 
 

PCGS price guide vs NN price guide

Post by Chrysta Wilso » Thu, 10 Jul 2003 13:40:16




Quote:
> You can say that again, Chrysta! I think the two West ***ia designs I saw
> flipping through Coin World last night are perhaps the worst yet, and that
> is saying A LOT. The Michigan coin still looks bad, but at least they are
> getting rid of the tiny clip art that was supposed to circle the reverse
> design.

> Eric

I thought all the Michigan ones were bad too, but that clip art thing is
the worst. State outlines and bridges. Don't any of them pay any
attention to what the other states are doing/have done? These bridges may
be magnificent in person, but on a quarter, they will all look the same,
so what's the point? BTW, got a really nice barely marked Delaware in
change today. That should upgrade the one in my folder.
--
~~~Chrysta~~~

ANA#R-206318

My Collection: http://www.FoundCollection.com/

The Truth About Eric Tillery:
http://www.FoundCollection.com/