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1958 Franklin Half Dollar PCGS MS67+ FB CAC sells for $110k at auction
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<p>[QUOTE="Pickin and Grinin, post: 3202880, member: 73995"]I don't see it as mis information. I have been around long enough in this slabbed world to see coins being grossly over graded. It is the resubmission game that drives me nuts. The folks that do this don't want that coin for their personal collection. They want it graded higher so they can resale it for a bigger profit. Find that dummy out there who doesn't know how to grade to buy it.</p><p><br /></p><p>I personally don't play the game, as many of you have heard or read in the past. I buy for my own collection. I do not buy and sell, and haven't had the need to get any TPG's approval. Most of my coins are raw, and won't hit the market for a long time. </p><p><br /></p><p>This thread is about a coin that can positively be put into a MS66 slab in the past. It then was considered over graded and not sold for the ridiculous amount that it received recently. I will say it again the coin the coin got the attention it did because it was a top pop coin.</p><p><br /></p><p>If that doesn't at least tell you that market grading has loosened the standards then I don't know what will. Take off on that band wagon it's your right. But not for me.[/QUOTE]</p><p><br /></p>
[QUOTE="Pickin and Grinin, post: 3202880, member: 73995"]I don't see it as mis information. I have been around long enough in this slabbed world to see coins being grossly over graded. It is the resubmission game that drives me nuts. The folks that do this don't want that coin for their personal collection. They want it graded higher so they can resale it for a bigger profit. Find that dummy out there who doesn't know how to grade to buy it. I personally don't play the game, as many of you have heard or read in the past. I buy for my own collection. I do not buy and sell, and haven't had the need to get any TPG's approval. Most of my coins are raw, and won't hit the market for a long time. This thread is about a coin that can positively be put into a MS66 slab in the past. It then was considered over graded and not sold for the ridiculous amount that it received recently. I will say it again the coin the coin got the attention it did because it was a top pop coin. If that doesn't at least tell you that market grading has loosened the standards then I don't know what will. Take off on that band wagon it's your right. But not for me.[/QUOTE]
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1958 Franklin Half Dollar PCGS MS67+ FB CAC sells for $110k at auction
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