Archive for April, 2014

Ask Don: Auction Prices Realized

Posted on April 22, 2014 by 1 Comment

With over 2.8 million records, the PCGS Auction Prices Realized archive is extremely useful. For many this is a well-kept secret that is tucked away on our website.  As a buyer, I want to know what others have paid for coins similar to what I am considering purchasing!  APR is one of three major data points that I have always used in buying or selling coins. The others are the PCGS Population Report and the PCGS Price Guide.  Using these three tools, and sometimes a bit of deductive reasoning, reasonable conclusions can be reached in regard to a coin’s value, availability and desirability. In this week’s video we explore the APR system offered by PCGS. Take a minute to check it out, and more importantly, go to www.pcgs.com/auctionprices  and see for yourself.

Filed Under: News

Coin Market Buffet

Posted on April 8, 2014 by 1 Comment

Imagine going to a really nice restaurant – for our purposes, let’s call this eatery Joe’s Restaurant – and the menu only offers one item.

The menu shows a steak that looks dry and it’s made well-done only, they use one specific spice and offer you one side dish. Most of you would probably walk out of Joe’s Restaurant and find some other place to eat, or if you are in a hurry, you might just try the plain steak and side dish, eat it and be done. But more than likely, you won’t enjoy it and probably will never return to Joe’s again.

On the other hand, imagine going to a place called Fabio’s Restaurant where you are offered dozens of different meats to choose from like filet mignon, tenderloin, porterhouse, T-bone, rib eye, and more. To top it off, they have dozens of different spices for each meat and they offer it cooked several different ways: medium, medium rare, rare – you name it! For those who are on a diet or who are vegetarians, they also have many salads, fruits, vegetables, dozens of different salsas, sides, drinks, and desserts. And they all look delicious!

Luckily for collectors, the coin market is very similar to Fabio’s Restaurant, which has all the different meats, spices and side dishes. Coin collectors can choose from an array of meats, sides and spices.

In coins, you can select from different countries, denominations, designs, metal contents, years, mint marks and even varieties and die varieties.

  • Collectors on a financial diet can chose from inexpensive coins.Coin vegetarians can collect only graded coins.
  • Tourist can collect coins from different countries.
  • Collectors who like hot and spicy coins can collect bullion.
  • Collectors who like to supersize their meals can collect supersized Morgan Silver Dollar (or those who like the triple size meals can go for the 5 ounce coins)!

There are no holds barred when it comes to collecting coins. No matter what the collector is looking for, our restaurant, which we will call The Coin Market for the purposes of this article, has it all.

It’s no wonder that The Coin Market has happy returning customers every year!

Filed Under: News

Ask Don: Introduction to the PCGS Resources Page, Part 2

Posted on April 8, 2014 by No Comments

In this week’s video, I continue our review of one of the best kept secrets on www.pcgs.com  – the Resources page.  Last week we reviewed the articles and e-books, and this week I walk you through the visual side of our Resources page – PCGS Photograde and PCGS CoinFacts.  Each of these sections contain thousands of beautiful coin images that you can literally spend hours reviewing.  These images are great visual tools for understanding the PCGS grading scale as you build your collection.  But don’t take my word for it – check it out for yourself!

 

Filed Under: News