How are prices determined by professional coin grading services?

Answer:

Answer

PCGS does not assign prices or values. They certify the authenticity and condition of the coins. Dealers will set the prices and determine how much they will pay or charge for a coin that has been certified in their local currency.

Answer

If you are referring to the online PCGS Price Guide, it is high-end retail price guide, reporting historical information about prices paid for PCGS-Certified coins in the different grades.

First answer by WorkingMan. Last edit by WorkingMan. Contributor trust: 843 [recommend contributor recommended]. Question popularity: 16 [recommend question].