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<p>[QUOTE="DANIEL HENRIQUEZ, post: 7879921, member: 76821"]In response to your reply above, you are correct that a label never raised the price of a coin and this is evident by the different labels for First Strike, First Day of Issue and so on. The point made was that after the coin had been Graded by NGC or PCGS then, sealed in a permanent holder that CAC or MAC could adequately evaluate the coin in this state and confirm its Grade, apply a sticker and thereby raise its value more by this action. Pardon me but, No and Not at all. In comparison, you buy a Lotus and after you get it home, a certifier comes calling, confirms it is a Lotus and states it worth more than you paid now. Ridiculous and not true.</p><p><br /></p><p>The only true way to have values raise on any coin is the demand for the coin with rarity, condition and population being considered which presently NGC and PCGS do not appropriately do but, perhaps one day these three points will be the norm. Currently, the amount paid for a coin is being used even though its artificial and not true. Oh well.[/QUOTE]</p><p><br /></p>
[QUOTE="DANIEL HENRIQUEZ, post: 7879921, member: 76821"]In response to your reply above, you are correct that a label never raised the price of a coin and this is evident by the different labels for First Strike, First Day of Issue and so on. The point made was that after the coin had been Graded by NGC or PCGS then, sealed in a permanent holder that CAC or MAC could adequately evaluate the coin in this state and confirm its Grade, apply a sticker and thereby raise its value more by this action. Pardon me but, No and Not at all. In comparison, you buy a Lotus and after you get it home, a certifier comes calling, confirms it is a Lotus and states it worth more than you paid now. Ridiculous and not true. The only true way to have values raise on any coin is the demand for the coin with rarity, condition and population being considered which presently NGC and PCGS do not appropriately do but, perhaps one day these three points will be the norm. Currently, the amount paid for a coin is being used even though its artificial and not true. Oh well.[/QUOTE]
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Another questionable CAC call
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