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<p>[QUOTE="illini420, post: 1323028, member: 19423"]Steve, I like most of the charts you have been posting, but the latest charts with trying to show the different profit per set you may expect in grading vs. not-grading and charts of profit based on how many 70 sets you may get could be a little misleading.</p><p><br /></p><p>You mentioned that for PCGS grading you included the huge fees for First Strike labels (an extra $90/set). Of course, that is an optional add-on that isn't required and so far doesn't seem to add much, if any, to the final selling price of a PCGS set. So you could get your box of 5 sets graded at PCGS for about $388 (non-FS) vs. the approximate $838 (w/ FS) which would make a signficant difference in your charts.</p><p><br /></p><p>Also, when looking at the number of 70 sets you get back, that would only work if you get them graded back all in matching sets. Of course, if you get some mixed sets, then it really matters which coins you get the 70s and which are the 69s. If you get all 70s on all of the common coins and 69s on the keys, you won't do nearly as well if you get mostly 69s, but score a few 70s on the key coins. For example, in my PCGS submission I got no 70 sets... but I did score 4/5 of the reverse proofs in 70 and will therefore make a signficant profit in selling the coins.</p><p><br /></p><p>In any event, I appreciate the work and you posting the charts. In particular, thanks for the chart that shows the premium that a PCGS 70 set commands over an NGC 70 set. I predicted that the premium will increase significantly over time and now I'll be able to easily see if that ends up being the case.[/QUOTE]</p><p><br /></p>
[QUOTE="illini420, post: 1323028, member: 19423"]Steve, I like most of the charts you have been posting, but the latest charts with trying to show the different profit per set you may expect in grading vs. not-grading and charts of profit based on how many 70 sets you may get could be a little misleading. You mentioned that for PCGS grading you included the huge fees for First Strike labels (an extra $90/set). Of course, that is an optional add-on that isn't required and so far doesn't seem to add much, if any, to the final selling price of a PCGS set. So you could get your box of 5 sets graded at PCGS for about $388 (non-FS) vs. the approximate $838 (w/ FS) which would make a signficant difference in your charts. Also, when looking at the number of 70 sets you get back, that would only work if you get them graded back all in matching sets. Of course, if you get some mixed sets, then it really matters which coins you get the 70s and which are the 69s. If you get all 70s on all of the common coins and 69s on the keys, you won't do nearly as well if you get mostly 69s, but score a few 70s on the key coins. For example, in my PCGS submission I got no 70 sets... but I did score 4/5 of the reverse proofs in 70 and will therefore make a signficant profit in selling the coins. In any event, I appreciate the work and you posting the charts. In particular, thanks for the chart that shows the premium that a PCGS 70 set commands over an NGC 70 set. I predicted that the premium will increase significantly over time and now I'll be able to easily see if that ends up being the case.[/QUOTE]
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