NGC price guides......

[azda]

Is someone smoking the crack pipe over there?

 

https://www.ngccoin.com/price-guide/world/great-britain-1-2-penny-km-601-1770-1775-cuid-1149428-duid-1325718

 

I see Baldwins has 2 1772s for £495 and £395

https://www.baldwin.co.uk/product/george-iii-halfpenny-1772/

 

https://www.baldwin.co.uk/product/george-iii-halfpenny-1772-2/

Edited August 18, 2019 by azda

[oldcopper]

Divide the NGC prices by 10 and the Baldwins prices by 2 and you'll probably get a more accurate figure.

[Peckris 2]

Yes, but though they have misdescribed the obverse legend as GEORGIVS it's actually the GEORIVS rarity according to the picture.

[JLS]

People seem to be willing to pay a lot more for coins with lustre in this series for some reason. 

Here’s a nice brown one on eBay at a sensible price: 

https://rover.ebay.com/rover/0/0/0?mpre=https%3A%2F%2Fwww.ebay.co.uk%2Fulk%2Fitm%2F382649170075

 

[Peckris 2]

1 minute ago, JLS said:

People seem to be willing to pay a lot more for coins with lustre in this series for some reason. 

Here’s a nice brown one on eBay at a sensible price: 

https://rover.ebay.com/rover/0/0/0?mpre=https%3A%2F%2Fwww.ebay.co.uk%2Fulk%2Fitm%2F382649170075

 

Sensibly graded too, though I'd say both faces were EF 

[Generic Lad]

If you think that's bad, take a look at the NGC price guides that have the price where its more expensive to buy a lower grade coin:

 

https://www.ngccoin.com/price-guide/world/canada-10-cents-km-23-1912-1919-cuid-1034445-duid-1258010

 

$20 to buy a 1914 Canadian dime in G4, but only $4 to buy it in fine... 

 

 

[Rob]

I always assumed that it was so for historical reasons, i.e. the first was a low grade coin which provided a benchmark price for 'finest known/highest graded', but following subsequent submissions, it dawned on the slabbing community there was more than one example out there, and they really weren't so rare after all!

As the whole question of slabbing is an attempt to commoditise coins, or provide a recommended retail price such that they can be bought unseen, the lower graded but higher priced items are waiting for the market to catch up because repricing is rarely downwards and if done would p' off those who buy as an investment leaving the TPGs open to litigation.

[jaggy]

I suspect that most of us on here don't need price guides and have an instinctive feel for value.

[JLS]

2 hours ago, jaggy said:

I suspect that most of us on here don't need price guides and have an instinctive feel for value.

I don’t think they’re really needed for most of the British series. For the French series though, where rarity of mintmarks etc. in the 19th century coinage is pretty decoupled from prices they can be quite useful.