What is the Value of a Certified Genuine Coin?
Quantify Corporation Analyzes the eBAY Price Performance of PCGS Certified Genuine Coins Monroe, NJ — On December 1, 2008 PCGS introduced a new service where any coin submitted for grading would be returned in a PCGS Holder, rather than in a “body bag,” unless the coin has active PVC corrosion, a plugged hole, or fails the authenticity check. How have these coins performed and priced in the coin market. More than a year has passed since this service was introduced and yet we have not seen any price guides that have reported the results. RegistryCollector.com has been tracking all certified coins posted and selling on eBay. What follows is an analysis of what is happening in the coin hobby. The bidding activity on PCGS graded coins on eBay is higher for circulated coins compared with Uncirculated or Proof coins. On average, each PCGS graded items on eBay is receiving 8.5 bids before auction close, across all grades. This bid count for Uncirculated coins is slightly lower with 8.1 bids.
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