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An example of "grade-flation" lowering specific grade market values
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<p>[QUOTE="TypeCoin971793, post: 3588824, member: 78244"]The relevant question is whether or not a coin is solid for the grade, undergraded, or overgraded. ANACS has coins in all three categories, as do PCGS and NGC, so there is really no quantifiable reason why CAC shouldn’t look at ANACS coins. Properly-graded coins in ANACS holders sell for a discount because of misinformation spread by people like you and the politics of PCGS, NGC, and CAC. That’s the only common denominator here.</p><p><br /></p><p>Say an ANACS AU-50 sells for PCGS XF-45 money. Then it is cracked out and graded AU-55 at PCGS. Same coin, the only thing that changed was the holder. Was the discount justified? Absolutely not since there was nothing wrong with the coin. Had it had a CAC sticker, then it would have sold for at least AU-50 money. Or, better yet, if a knowledgeable collector examined the coin and found it to be at least the grade assigned, he would have paid at least AU-50 money for it.</p><p><br /></p><p>Guess what, when people look at the COIN beyond the holder, properly-graded ANACS-graded coins are not sold at unjustified discounts. I’ve sold ANACS-graded coins at prices similar to PCGS-graded coins. The common denominator? The buyers examined the coins and determined that that they met or exceeded the grade on the slab. </p><p><br /></p><p>Coins selling for their actual values regardless of its holder, what a concept. It’s almost like if people were not willfully blind, we would not be having this discussion.[/QUOTE]</p><p><br /></p>
[QUOTE="TypeCoin971793, post: 3588824, member: 78244"]The relevant question is whether or not a coin is solid for the grade, undergraded, or overgraded. ANACS has coins in all three categories, as do PCGS and NGC, so there is really no quantifiable reason why CAC shouldn’t look at ANACS coins. Properly-graded coins in ANACS holders sell for a discount because of misinformation spread by people like you and the politics of PCGS, NGC, and CAC. That’s the only common denominator here. Say an ANACS AU-50 sells for PCGS XF-45 money. Then it is cracked out and graded AU-55 at PCGS. Same coin, the only thing that changed was the holder. Was the discount justified? Absolutely not since there was nothing wrong with the coin. Had it had a CAC sticker, then it would have sold for at least AU-50 money. Or, better yet, if a knowledgeable collector examined the coin and found it to be at least the grade assigned, he would have paid at least AU-50 money for it. Guess what, when people look at the COIN beyond the holder, properly-graded ANACS-graded coins are not sold at unjustified discounts. I’ve sold ANACS-graded coins at prices similar to PCGS-graded coins. The common denominator? The buyers examined the coins and determined that that they met or exceeded the grade on the slab. Coins selling for their actual values regardless of its holder, what a concept. It’s almost like if people were not willfully blind, we would not be having this discussion.[/QUOTE]
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An example of "grade-flation" lowering specific grade market values
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