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Pkirby
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NGC Pricing - How often is it updated?
in Ask NGC/NCS
Posted
I noticed a pretty significant pricing anomaly. NGC's pricing on an 1847 O $10 Liberty Gold Coin (for example in MS 55) is $1600 and has been since 7/17/2017. PCGS has the same coin's value as $3500; recently upped from $3250. More than double! The Greysheet price for the same coin/grade is $2000.00 and this is supposedly the "wholesale" price. 25% more than the listed NGC price. NGC says the last time they changed the price was in 2021 (no change apparently). I would think this would hurt NGC's reputation and the value of their graded coins in the market place, correct?