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<p>[QUOTE="billionaire, post: 456903, member: 16166"]NGC and all grading services attibute a coin based on an OPINION . . . I agree 100%. However, the COIN MARKET backs the opinion of these services and although much value is illusionary created by plastic, the REALITY of the coin market is people buy plastic. Take the PROOF HIGH RELIEF. PCGS does not grade ordinary High Reliefs as PROOF. However, NGC does. Proof High Reliefs graded by NGC will bring a substantial premium at auction over their mint state counterparts. A $50,000 High Relief Saint in an NGC holder might bring $20,000 in a PCGS holder graded MS opposed to proof. NGC and PCGS offer an opinion, but the market accepts these opinions as GOOD SOLID OPINIONS TO RELY ON.</p><p> </p><p>The 1854 O is NGC Serial Number 1653795-002. A call to NGC can confirm it is authentic and this indeed ist he slabbed coin. Anyone who is serious about buying it can work out the details with me regarding inspection and setting an escrow agent so that no one is cheated.[/QUOTE]</p><p><br /></p>
[QUOTE="billionaire, post: 456903, member: 16166"]NGC and all grading services attibute a coin based on an OPINION . . . I agree 100%. However, the COIN MARKET backs the opinion of these services and although much value is illusionary created by plastic, the REALITY of the coin market is people buy plastic. Take the PROOF HIGH RELIEF. PCGS does not grade ordinary High Reliefs as PROOF. However, NGC does. Proof High Reliefs graded by NGC will bring a substantial premium at auction over their mint state counterparts. A $50,000 High Relief Saint in an NGC holder might bring $20,000 in a PCGS holder graded MS opposed to proof. NGC and PCGS offer an opinion, but the market accepts these opinions as GOOD SOLID OPINIONS TO RELY ON. The 1854 O is NGC Serial Number 1653795-002. A call to NGC can confirm it is authentic and this indeed ist he slabbed coin. Anyone who is serious about buying it can work out the details with me regarding inspection and setting an escrow agent so that no one is cheated.[/QUOTE]
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