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An example of "grade-flation" lowering specific grade market values
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<p>[QUOTE="johnmilton, post: 3585258, member: 101855"]Early in the process, John Albanese offered to grade my collection for free and invited me to be one of his graders. Since the graders were supposed to be active dealers, I declined because I had retired. The offer also took me aback because He didn't know me at all. How did he know that I knew how to grade coins? I declined the grading offer because I had ethical reservations with the offer.</p><p><br /></p><p>Other people have been grading CAC coins for a long time as well. This Bechtler dollar is graded EF-40 with a gold CAC sticker. When I showed it to a dealer, he recalled the piece and indicated that he was one of the people who rendered an opinion on it. Here the piece is from a couple of angles.</p><p><br /></p><p>[ATTACH=full]957046[/ATTACH] [ATTACH=full]957047[/ATTACH]</p><p><br /></p><p>[ATTACH=full]957048[/ATTACH] [ATTACH=full]957049[/ATTACH]</p><p><br /></p><p>Looking back on this, the coin was one of my less astute purchases. While it's nice, it does have some hairlining from being brushed. I think that PCGS was cloer to getting it right than CAC with gold sticker.[/QUOTE]</p><p><br /></p>
[QUOTE="johnmilton, post: 3585258, member: 101855"]Early in the process, John Albanese offered to grade my collection for free and invited me to be one of his graders. Since the graders were supposed to be active dealers, I declined because I had retired. The offer also took me aback because He didn't know me at all. How did he know that I knew how to grade coins? I declined the grading offer because I had ethical reservations with the offer. Other people have been grading CAC coins for a long time as well. This Bechtler dollar is graded EF-40 with a gold CAC sticker. When I showed it to a dealer, he recalled the piece and indicated that he was one of the people who rendered an opinion on it. Here the piece is from a couple of angles. [ATTACH=full]957046[/ATTACH] [ATTACH=full]957047[/ATTACH] [ATTACH=full]957048[/ATTACH] [ATTACH=full]957049[/ATTACH] Looking back on this, the coin was one of my less astute purchases. While it's nice, it does have some hairlining from being brushed. I think that PCGS was cloer to getting it right than CAC with gold sticker.[/QUOTE]
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An example of "grade-flation" lowering specific grade market values
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