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<p>[QUOTE=&quot;billionaire, post: 457358, member: 16166&quot;]The 1854 O in the Heritage Sale was in an MS-63 holder.&nbsp; The coin was UPGRADED by NGC and now the holder reads SP for Specimen Proof.&nbsp; The coin WAS listed in the Mint State section of the pop report and now is in the Proof Section.&nbsp; When a coin gets upgraded by a service, you can throw out the old prices.</p><p>&nbsp;</p><p>I agree with the gentleman that does not rely soley on PCGS or NGC.&nbsp; However, I still maintain the RETAIL PUBLIC buys the plastic as well as the coin.&nbsp; Auction prices and retail sales of coins I personally think are overgraded still bring a minimum price because of the plastic they are in.&nbsp; Again, I point out that an NGC Proof 65 High Relief worth maybe $75,000 would be worth, perhaps 1/3rd that price in a PCGS holder - - - at a major auction where so called pros bid, although honestly I have seen rank newbies bid at auction feverishly on items that a pro would avoid. Some newbies fancy themselves experts.</p><p>&nbsp;</p><p>To the gentleman that doubts the NGC attribution - - do you think NGC overgrades and does not employ some of the best experts???&nbsp; With all due respect, NGC is a reliable service.&nbsp; They are not one of the many services Ebay banned!!!&nbsp; The fact is NGC felt the coin was nice enough and exhibits the attributes of a specimen proof.&nbsp; And, with all due respect, if you had a coin that was UPGRADED from mint state to proof by NGC and it was Unique in the later grade, would you not market it for a much higher price, and tout the NGC attribution???&nbsp; I mean business is business!&nbsp; That is an honest answer.</p><p>&nbsp;</p><p>Warmly,</p><p>David[/QUOTE]</p><p><br /></p>

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