why a graded coin is more expensive?

Grading assures people that need a little extra assurance of the authenticity and or grade of the piece. For me, as a collector active since I was like 6-7 years old someone else's opin of a coin means little more than a nice fresh and warm pile of equine dung.

Buy the coin, not the freaking plastic tomb. I have been known to crack coins like this:


Out just to give poor Anne some breathing room. Besides she was overgraded by NGC about 5 points too high in my opin. No grader can fool a canny Scot.

 

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Persian, we generally respond only when something needs to be personally addressed, otherwise we just discuss generally. But this post is directed at you AND everyone else:

And I'll take buyers like all of you to sell to any day of the week!

Here's the danger that most of the newbies are missing...

I know that many people who are very astute at grading make it a point of looking for coins that already reside in slabs from major TPGs that are undergraded. They then purchase them, break them out of the slab and resubmit them (sometimes multiple times) until the coin actually gets the higher graded slab. The spread between some coins from 1 MS point to the next (say MS-64 to MS-65) can be huge. Enough profit to make it more than worthwhile. In fact, I know of a few that make a living off of this practice.

What's my point? It's this: Eventually, most of the slabbed and graded coins will be in overgraded holders. In fact, this has already invaded the hobby. So much so that a NEW company named CAC is now giving you their opinion on whether or not a slab is properly graded. They give a Green CAC seal for a properly graded coin, and a gold seal if they feel that the coin is undergraded. There are, however, very few Gold CAC stickered slabs for sale.

 

Very well said. I like the way you think. And I guess that's also my philosophy on coin collecting although I never put my thoughts together like that.

Thanks for the post.