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An example of "grade-flation" lowering specific grade market values
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<p>[QUOTE="TypeCoin971793, post: 3587062, member: 78244"]What I don’t like about the US coin market is that the designations on the slabs is treated as God-ordained fact, not the (educated) opinion that it is. It does not matter if the opinion is right or wrong, or consistent with standards, or whatever. Then this number is cross-referenced to a greysheet, which puts the coin in a set value bracket. For coins like Morgan dollars, there is a set value bracket for those with those with and without a CAC sticker. US coins are simply a commodity. In addition, few know how to properly evaluate coins, so raw coins are treated with suspicion or considered junk/undesirable, even if they are choice and problem-free. Sure, advanced collectors know better and pay premiums for premium coins, slabbed or raw, and avoid the overgraded coins, but they represent a small minority in the market. This is why I have mostly exited the US coin market, coupled with the fact that they are overpriced for the interest level I have in them. There are much more-interesting areas of numismatics which are the same or far lower cost. I have made these exact same comments before and was labeled a hypocrite. I’m glad there are more like-minded “hypocrites” posting in this thread.[/QUOTE]</p><p><br /></p>
[QUOTE="TypeCoin971793, post: 3587062, member: 78244"]What I don’t like about the US coin market is that the designations on the slabs is treated as God-ordained fact, not the (educated) opinion that it is. It does not matter if the opinion is right or wrong, or consistent with standards, or whatever. Then this number is cross-referenced to a greysheet, which puts the coin in a set value bracket. For coins like Morgan dollars, there is a set value bracket for those with those with and without a CAC sticker. US coins are simply a commodity. In addition, few know how to properly evaluate coins, so raw coins are treated with suspicion or considered junk/undesirable, even if they are choice and problem-free. Sure, advanced collectors know better and pay premiums for premium coins, slabbed or raw, and avoid the overgraded coins, but they represent a small minority in the market. This is why I have mostly exited the US coin market, coupled with the fact that they are overpriced for the interest level I have in them. There are much more-interesting areas of numismatics which are the same or far lower cost. I have made these exact same comments before and was labeled a hypocrite. I’m glad there are more like-minded “hypocrites” posting in this thread.[/QUOTE]
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An example of "grade-flation" lowering specific grade market values
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