I am completely stumped on this MS-67+ Washington Quarter

I doubt it had anything to do with being unsure, they probably just wanted a hefty margin. There are plenty of dealers that won't pay for 70s, +, *, stickers, color ect but are more than happy to charge you for it when they are the ones selling.

 

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I would think that a lot of the big time submitters know exactly how to "Load" a submission in order to get a few to go the way they want them to. I would agree with you on this. It's the diamond in the rough theory.

 

That's exactly what I meant about them being real crooks.

 

I hope the coin sells for $5000 + and everyone involved is happy. After all, it is an MS-67+ CAC stickered coin. It will hurt the market if it doesn't sell close to "book." Perhaps we'll see it in a Registry set one day.

Question. I know the grading services claim to have reference sets. I believe PCGS has one. Has anyone here actually seen it? Has anyone here seen the sets of the other services? Now, if someone says they have seen such a set at SEGS, ANACS, or ICG, I'll fall off my chair!

PS I know of one collector with a complete grading set of US gold coins basically from G to MS-66. He assembled two grading sets of $3 gold - one is supposed to be at Stacks in NYC. The coins were for sale as a group last year and no one seems to want it. Even the ANA was not interested. It seems to me that should be a great place to stick their money for appreciation and education.

 

Now that's very interesting. Gradeflation comes to the grading reference sets? Why am I not surprised! So much for having "one foot on a rock."

 

How often do you think they pick up a reference coin anyways? Especially for any common series I can't imagine them ever seeing the need for one. All coins of the same grade are different from each other anyways I just can't picture a grader being like "hmmm not sure if this is a 63 or 64, let me pick up an example of each to help me decide".

edit: I guess I can see them being useful for lower grade coins

 

That's a brutal series to try and sell a huge group like that.

More like they just got tired of sitting on a pile of money probably. The total cost for every major series would be very high. They supposedly replaced it with pictures, but the classic coin graders aren't the new guys anyway, they probably just used it more for education of the public then their own graders.

 

Well the coin that this thread is about sold for more than I expected, but probably not nearly as much as the owner had hoped for. It went for $1762.50 with the juice.

 

Strong price for a 67 CAC, abysmal for a 67+ CAC even for an NGC coin. Legend sold a PCGS 67+ CAC in 2015 and 2014 which sold for about $7,300 and about $6,500. Both of those were superior coins in my opinion.

 

So it looks like the market has spoken.

 

I can't believe CAC gave it a sticker.

 

Another great example of Washington quarter toning, probably my favorite toned coin picture: